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HomeNFTsNFT ArtSotheby's Metaverse: Pioneering the On-Chain Secondary NFT Marketplace

Sotheby’s Metaverse: Pioneering the On-Chain Secondary NFT Marketplace

Sotheby’s, the epitome of luxury auction houses, is spearheading a groundbreaking movement in the digital art domain with the launch of its on-chain secondary marketplace, nestled within the captivating Sotheby’s Metaverse platform. This unparalleled platform sets the stage for collectors to indulge in the buying and selling of secondary NFTs. While a myriad of NFT marketplaces already exists, Sotheby’s distinguishes itself by curating a selection of works that transcend mediocrity, exclusively handpicked by a team of discerning specialists.

 The Pioneering Power Couple

The secondary sales on the extraordinary Sotheby’s Metaverse are fueled by the seamless integration of automated smart contracts, ushering collectors into a realm where art and collectibles can be acquired through the use of Ethereum (ETH) or the native MATIC token, residing harmoniously within the Polygon ecosystem. Every transaction takes place entirely on-chain, orchestrated meticulously on the Ethereum and Polygon blockchains, thereby ensuring the veneration of artist resale royalties through the ingenious utilization of the platform’s astute smart contracts. It is imperative to note that a nominal 2.5% seller fee is applicable. Unwavering in its commitment to championing the rights of artists, Sotheby’s Metaverse promises to uphold artist royalties on its splendid resale platform by embracing smart contracts that possess the remarkable ability to automatically recompense artists based on their personally chosen on-chain royalty percentage.

“Sotheby’s unwavering dedication to the preservation of artist royalties emerges amidst a fervent discourse surrounding the subject within the thriving NFT community, thereby underscoring Sotheby’s unparalleled devotion to placing artists at the forefront, setting it apart as one of the exceedingly rare major NFT marketplaces that fervently upholds the notion of artist resale royalties,” exclaimed a spokesperson from Sotheby’s, as highlighted in their compelling press release.

Embarking on an Enthralling Journey within Sotheby’s Metaverse

Prepare to embark on an enchanting odyssey as you enter the prestigious domain of Sotheby’s Metaverse, an ethereal virtual haven that stands as a pinnacle of distinction within the realm of unique and extraordinary NFTs. Within this awe-inspiring realm, one is greeted with a meticulously curated selection of digital art, accompanied by captivating artist profiles and a treasure trove of collections, crafted with the utmost care by the illustrious specialist teams at Sotheby’s.

Intricate Expertise Unveiled: Sotheby’s Metaverse Unites a Global Network

At the very core of this digital masterpiece lies Sotheby’s international team, a coterie of highly specialized experts and esteemed representatives strategically positioned in illustrious cities such as New York, London, Paris, and Hong Kong. Their profound expertise, coupled with an insatiable passion for the arts, and an unwavering global reach, seamlessly amalgamates to magnetize sellers and buyers from every corner of the globe, often culminating in awe-inspiring, recordbreaking sales that reverberate throughout the annals of history.

Sotheby’s Secondary Marketplace

The secondary marketplace within Sotheby’s Metaverse serves as a captivating treasure trove, brimming with an exquisitely dynamic assortment of mesmerizing artistic creations, meticulously handpicked by the digital art virtuosos at Sotheby’s on a rotational basis.

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