Sotheby’s Launches First Bitcoin Ordinals-based NFT Auction 📌
➡️ Sotheby’s has announced the start of its inaugural Bitcoin Ordinals sale, an online auction showcasing three items from the BitcoinShrooms NFT collection. In an X post on December 6, the auction house said it was “thrilled” to present its first Bitcoin Ordinals sale, which will run from December 6 to 13.
🟥 “Elegantly weaving the nuanced tapestry of Bitcoin’s history, culture, and core technicalities, each unique, pixelated, and hand-crafted piece forms part of a masterful, yet playful guide to the revolutionary realm of Bitcoin,” Sotheby’s noted in a press release announcing the start of the auction.
📌 Conceived by the pseudonymous digital artist Shroomtoshi, the BitcoinShrooms features pixelated art aimed at illustrating the history, culture, and core technical aspects of the blockchain, according to Sotheby’s.
🔴 Although the BitcoinShrooms collection consists of 222 works, only three items will be up for auction.
⚡️ The three items up for auction include “S,” symbolizing “Self-Sovereignty;” “Sovereign Individual,” drawing inspiration from the Bitcoin-related book by James Dale Davidson and William Rees-Mogg; and “BIP39 Seed,” a reference to the commonly used 12 to 24 recovery seed phrase backups.
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