Christie’s winds down digital art department as its NFT marketplace faces doubt

Christie’s has closed his digital artwork division and broke the employees, together with VP Nicole Gross sales Giles on the finish of August, in line with a report from now Media. The public sale home confirmed the transfer and mentioned that digital works will now be offered within the twentieth and twenty first -century artwork class.

The adjustments observe to the appointment of the brand new CEO Bonnie Brennan in February and coincides with a recession out there for digital artwork.

Christie’s, who helped the NFT tree sparked with Preeple’s sale of $ 69 million in 2021, later launched his Onchain platform Christie’s 3.0, now confronted with an unsure future.