Sales of NFTs on Sotheby's Metaverse worldwide 2022, by auction
On October 14, 2021, auction house Sotheby's launched the so-called Sotheby's Metaverse, a digital art platform focusing on non-fungible token (NFT) sales of digital art and collectibles. A few days after the launch, the platform announced its first NFT sale - "Natively Digital 1.2" - based on 53 works from a selection of well-known NFT collectors. Overall, NFTs sold during the platform's inaugural sale generated nearly 18.7 million U.S. dollars. Meanwhile, an NFT purchased during the first sale - "Pepenopoulos" from the Rare Pepe series - was the most expensive lot sold on Sotheby's Metaverse as of April 2022.
