Christie's to hold first-ever sale of Meebits and Bored Ape Yacht Club NFTs

NFTs • August 6, 2021, 4:46PM EDT
the block shutterstock

International art auction house Christie’s is set to hold its first auction of Bored Ape Yacht Club (BAYC) and Meebits non-fungible tokens (NFTs), according to a release. 

Meebits are the third project from Larva Labs, the creators behind what appears to be the first-ever NFT project released on Ethereum. BAYC, derived from Yuga Labs, has been popular on Twitter and has over 5,000 holders of the 10,000 available NFTs. 

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

The auction begins on September 17 at 2:00 PM HKT (September 18, 2:00 a.m. ET) and ends September 28 at 2:00 p.m. HKT (September 29, 2:00 a.m. ET). A Christie’s spokesperson said that more information about the sale will be released on Monday, August 9. Christie's notes that  this is the first NFT sale in Asia, and that it will offer up a group of “exceptionally rare” BAYC and Meebits NFTs. 

“This sale is poised to set another milestone in the history of Crypto Art,” Christie’s said in the release. 

Christie’s $69 million sale of Beeple’s Everydays: The First 5000 Days in March marked the first time the auction house sold an NFT. Christie’s has since held more NFT auctions, such as nine CryptoPunks in April and NFTS from the artist FEWOCiOUS in July.

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.

More by MK Manoylov