NFT & Metaverse

Sotheby's NFT Sales Reach $35 Million in 2023

Author : Renuka K

In a notable development within the Bitcoin community, a contributor to Taproot Wizards, inspired by Bitcoin Ordinals, introduced a script allowing users to reject Ordinals inscriptions. Shared by the pseudonymous developer "Rijndael" on December 26, the script enables nodes to block any blocks containing Ordinals inscriptions. This move has sparked debate, with some accusing Rijndael of having a "superiority complex." Meanwhile, in the world of digital art, Sotheby's reached a milestone by selling around $35 million worth of digital art in 2023, including the record-breaking sale of Dmitri Cherniak's NFT "Ringers #879" for $6.2 million.

Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.