Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    shadowy miner cityscape painting

    INEMiner Faces Scrutiny Over Leadership and Claims

    futuristic btc mining oil painting

    INEMiner’s Impact on BTC Cloud Mining Sector

    btc treasury uae office sunset

    Phoenix Group Establishes $150M Bitcoin Treasury

    gold bar bitcoin financial success

    Tether Reports $2.6 Billion Q2 Profit from Bitcoin, Gold

    cityscape sunset crypto skyline

    Corporate Crypto Holdings Surpass $100 Billion Milestone

    confident businessman futuristic scape

    Michael Saylor Highlights Strategy’s Key Earnings Call

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    futuristic crypto market scene

    PancakeSwap Surpasses Uniswap in 30-Day Trading Volume

    pancakeswap oil futuristic scene

    PancakeSwap Leads July’s DEX Volume Rankings

    bull bear market dance painting

    PancakeSwap Surpasses Uniswap in DEX Trading Volume

    futuristic financial growth art

    PancakeSwap Dominates With Significant Volume Surge

    futuristic crypto city oil painting

    Solana ETFs Near Approval with Positive Regulatory Progress

    business growth urban oil painting

    Solana ETFs Near Approval as SEC Extends Review

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

A $318 Million Art Sale has been Conducted Using Blockchain Technology

Joshua T. by Joshua T.
November 18, 2018
in Latest News
art sales

Source: u.today

Adopting blockchain into the day to day life of the general populace has been the main agenda of the industry in recent time. In light of this, a recent report made it known that a record-breaking art sale was finalised on a blockchain network. The art sales recorded about $318 million changing hands, making it the most valuable art auction to ever be recorded on a blockchain.

Christie’s Auction House Art Sales

The report announcing the art sales made it known that the Barney A. Ebsworth Collection was sold for a whopping sum of $317,801,250. These sales were conducted at the Christie’s auction house in New York.
In a recently published press release, it was made known that the auction was done in collaboration with an art-focused technology provider named, Artory. The report made it known that Artory made use of its permissioned blockchain to host the auction information.

According to the report, it was made known that the auction saw several sales records for American art pieces broken. The report also made it know that not less than thirteen auction records were set. The most expensive art piece in the collection is the Edward Hopper’s Chop Suey and it was said to fetch a whopping sum of $91,875,000. The record also showed that participants from 23 countries were present at the auction. The auction was curated Barney A. Ebsworth, a famous collector.

42 art pieces were auctioned off, and this includes works of famous artists like William de Kooning, Jackson Pollock, Georgia O’Keeffee and Charles Demuth.

Artory’s Blockchain

 

The Artory’s private Ethereum blockchain was used to keep an adequate record of each arts lifecycle. The permissioned blockchain referred to as “The Registry” keeps a full log of important information regarding the life cycle of an artwork. This includes information such as sales, final prices, auction dates, item titles, restorations and thefts. Notably, any information pointing toward the owner of the piece of art is exempted.

Previous Post

Best Cryptocurrency Hardware Wallets

Next Post

A Primary Election was Held in Thailand on the Blockchain

Joshua T.

Joshua T.

Related Posts

ethereum adoption cityscape art

The Rise of Ethereum Holdings Among Public Companies

by Solomon M.
August 1, 2025

Leading companies like Coinbase and Bitmine amass substantial Ethereum holdings, impacting market dynamics in 2025.

stormy financial landscape painting

Crypto Liquidations Exceed $560 Million, Impact on BTC and ETH

by Solomon M.
August 1, 2025

Over $560M crypto liquidations hit BTC, ETH traders; volatility rises.

futuristic blockchain cityscape

JPMorgan Backs Stablecoins, Blockchain; Skeptical on Bitcoin

by Solomon M.
August 1, 2025

JPMorgan supports blockchain and stablecoins, continues Bitcoin skepticism amid strategic partnerships.

jamie dimon blockchain focus

JPMorgan Prioritizes Stablecoins and Blockchain Over Bitcoin

by Solomon M.
August 1, 2025

JPMorgan CEO Jamie Dimon supports blockchain and stablecoins, but remains skeptical of Bitcoin. The bank expands its digital asset services...

thoughtful executive blockchain

JPMorgan Supports Blockchain, Accommodates Customer Crypto Demand

by Solomon M.
August 1, 2025

JPMorgan CEO confirms blockchain and stablecoin support; adapts to client Bitcoin demand amid internal skepticism.

jpmorgan blockchain vision art

JPMorgan Embraces Blockchain, Stablecoins Amid Bitcoin Skepticism

by Solomon M.
August 1, 2025

JPMorgan CEO endorses blockchain, stablecoins; remains skeptical of Bitcoin yet accommodates client demand.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.