Sotheby's launches blockchain-based NFT marketplace as digital collectible trading volumes decline
Sotheby's Metaverse will now provide a peer-to-peer NFT marketplace deployed on the Ethereum and Polygon blockchains. Art auction house Sotheby's is broadening its non-fungible token (NFT) art selection by launching a marketplace that allows digital art collectors to purchase secondary NFTs. The on-chain integrated sales system will operate on the Ethereum and Polygon networks, allowing users to pay for NFTs in ether (ETH-USD) or Polygon's native cryptocurrency, matic (MATIC-USD).
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@Metaverse_Defi_Nfts_Trading
