Key Takeaways
- Sotheby’s Metaverse is a curated platform for collecting, trading, and experiencing digital art, featuring a select group of leading artists and ensuring quality and authenticity.
- The platform offers a seamless experience for collectors, with automated smart contract services for purchasing NFTs using Ethereum or Matic, and a commitment to secondary on-chain royalties to support artists.
- Powered by Mojo’s NFT technology, Sotheby’s Metaverse provides a secure and user-friendly platform that empowers both collectors and artists, fostering a vibrant community for digital art enthusiasts.
In the heart of the digital art realm, a new chapter unfolds as Sotheby’s Metaverse opens its virtual doors, inviting art enthusiasts to embark on a groundbreaking journey of collecting, trading, and experiencing digital masterpieces like never before. This online platform is a testament to the ever-evolving landscape of art, where innovation and creativity converge to redefine the boundaries of artistic expression.
Sotheby’s Metaverse: A Gateway to the Digital Art Universe
Sotheby’s Metaverse is not just another online marketplace; it’s a carefully curated sanctuary for digital art, where quality and authenticity reign supreme. Handpicked by Sotheby’s discerning specialists, the platform showcases a select group of leading artists, each with a unique voice and vision. From Tyler Hobbs’ mesmerizing algorithmic compositions to Claire Silver’s ethereal landscapes, the Metaverse offers a kaleidoscope of artistic brilliance that captivates the senses.
A Seamless Experience for Collectors and Artists
Navigating the Sotheby’s Metaverse is a seamless and secure experience, designed to empower collectors and artists alike. Collectors can effortlessly purchase NFTs (non-fungible tokens) using either Ethereum (ETH) or Matic (MATIC) through an automated smart contract service. This streamlined process ensures that transactions are executed swiftly and securely, allowing collectors to focus on acquiring the digital masterpieces that resonate with them.
Honoring Artists: A Commitment to Secondary On-Chain Royalties
Sotheby’s Metaverse recognizes the vital role artists play in shaping the digital art landscape. To honor their contributions, the platform upholds secondary on-chain royalty fees, ranging from 5% to 10% of the sale price. This commitment ensures that artists continue to benefit from their creations, even after the initial sale, fostering a sustainable ecosystem where creativity flourishes.
Mojo: The Powerhouse Behind Sotheby’s Metaverse
Sotheby’s Metaverse is powered by Mojo, a cutting-edge NFT technology and commerce suite developed by Serotonin, a renowned venture studio and Web3 marketing firm. Mojo’s robust infrastructure provides a seamless platform for buying, selling, and trading digital art, while ensuring the highest levels of security and transparency. With Mojo at its core, Sotheby’s Metaverse sets a new standard for digital art marketplaces, offering a user-friendly experience that empowers both collectors and artists.
Bonus: Sotheby’s Metaverse: A Catalyst for Change
The launch of Sotheby’s Metaverse is a pivotal moment in the digital art world, signaling a shift towards a more inclusive and accessible art market. By embracing digital art and NFTs, Sotheby’s is paving the way for a new generation of artists and collectors to connect, collaborate, and appreciate art in its myriad forms. The Metaverse is not just a marketplace; it’s a vibrant community where art enthusiasts from all walks of life can come together to celebrate creativity and innovation.
As Michael Bouhanna, Sotheby’s Vice President and Head of NFTs and Digital Art, aptly puts it, “The Metaverse is a natural extension of Sotheby’s commitment to innovation and excellence. We are thrilled to offer a platform that empowers artists and collectors to embrace the transformative power of digital art.”
With its curated selection of artists, seamless user experience, and commitment to artist royalties, Sotheby’s Metaverse is poised to revolutionize the way we collect, experience, and appreciate digital art. It’s an exciting new chapter in the art world, where the boundaries of creativity and innovation are constantly pushed, and where art enthusiasts can embark on a journey of discovery that transcends the physical realm.
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