Sotheby’s Is Selling the First NFT Ever Minted—and Bidding Starts at $100

The offering is part of a curated sale of NFTs called “Natively Digital.” Whether or not NFTs represent a bubble about to burst or the future of the art market, Sotheby’s New York is renewing its

The offering is part of a curated sale of NFTs called “Natively Digital.”

Whether or not NFTs represent a bubble about to burst or the future of the art market, Sotheby’s New York is renewing its commitment to the genre with its first curated NFT sale, “Natively Digital,” headlined by Kevin McCoy’s historic Quantum (2014), the first NFT ever minted.

“Back in 2014 when I was putting these ideas of art and blockchains together almost no one understood what I was talking about,” McCoy told Artnet News in an email. “But I knew it was a really important and transformative idea. It’s gratifying to see the wider world come around to the same realization.”

Read the full article on ArtNet.