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📌 Christie’s Shuts Digital Art Department
News: Christie’s has closed its digital art unit, signaling prolonged weakness in the NFT market.
What is happening now: Despite its high-profile role in Hong Kong Fintech Week 2024, demand for NFTs remains frozen.
Analysis: The move underscores how institutions are scaling back from NFTs while exploring AI and tokenized assets instead.
Expert Advice: Investors should diversify exposure, focusing more on utility-driven assets than speculative collectibles.
#NFTs #christiesinc #DigitalArt #blockchain #CryptoMarkets
News: Christie’s has closed its digital art unit, signaling prolonged weakness in the NFT market.
What is happening now: Despite its high-profile role in Hong Kong Fintech Week 2024, demand for NFTs remains frozen.
Analysis: The move underscores how institutions are scaling back from NFTs while exploring AI and tokenized assets instead.
Expert Advice: Investors should diversify exposure, focusing more on utility-driven assets than speculative collectibles.
#NFTs #christiesinc #DigitalArt #blockchain #CryptoMarkets
OK, pamp it. #AUCTION/USDT will revolutionary change the normal auction with integration to web3 auctions. A partnership looming on the horizon with normal auction powerhouses #sothebys and #christiesinc
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