Curio DAO

Auction Houses And NFTs Will Forever Be Intertwined

Art auction houses were among the early adopters of NFT. In 2019, two years before the first NFT hype cycle, 4,000 auction houses partnered with Artory, a blockchain-based art registry to record historic artworks and sales. Serious collectors immediately saw the appeal: for the first time, a secure digital trail of art provenance became publicly available (well, only to vetted “experts” and institutions like Christie’s). This documentation process makes valuation more efficient and adds authe...