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Sotheby's to sell NFT as part of 3AC bankruptcy The bankrupt | NFT

Sotheby's to sell NFT as part of 3AC bankruptcy

The bankrupt cryptophone Three Arrow Capital had a large and very expensive NFT collection.

After bankruptcy, all this will go under the hammer as part of the GRAILS sales series: auctions and private sales will be held worldwide starting from May 19 and until the end of 2023.

Among the works of the collection: Ringers #879 by Dmitri Cherniak, Chromie Squiggle #1780 by Snowfro, Fidenza #725 by Tyler Hobbs, Zombie CryptoPunk #6649, Autoglyphs, Cube Archetype #397 by Kjetil Golid, and a certain 1/1 by Alpha Centauri Kid.

Sotheby's also promises to pay royalties to creators for secondary sales