Last month, Christie’s shocked the art world by selling an NFT artwork by the artist Beeple at auction for $69 million. Since then, artists like Simon Denny and Damien Hirst have released NFT artworks. Now, a different kind of arrangement has been made to sell NFTs, one that involves collaboration between an auction entity, a traditional gallery, and a website that sells NFTs of all kinds. Fair Warning, the auction app founded by former Christie’s specialist Loic Gouzer, is teaming up with Pace Gallery and digital art platform Makers Place to sell a series of NFTs by the acclaimed mid-career artist Urs Fischer.
“If this works,” Gouzer says of the project, “this will really be a validation for the whole NFT sphere.”
Fischer is creating a series of 501 digital artworks that will exist as NFTs….