Sotheby’s revealed plans to sell the Neil Stephenson artwork “Snow Crash” novel where the term metaverse was first used. On February 23, Sotheby’s released a key update on the company website reveals the sale plan to be associated with the auctioning of the Infocalypse to be closed on February 27.
Sotheby’s Proposed Sale Plan
The leading art jewelry and digital collectible brokerage firm Sotheby’s is set to auction Neil Stephenson’s original artwork “Snow Crash,” which was the first to mention the term metaverse 30 years from now.
Sotheby’s tweeted on February 23 that the proposed auction to be linked to the sale of Infocalypse which consists of six physical arts and an additional six digital items related to Neil’s manuscript. The tweet revealed that Infocalypse was developed during the original Snow Crash commemoration ceremony. As per the tweet, the Infocalypse auction will be released on February 27.
In addition, Sotheby’s expects to generate $10000 to $200000 from the action of Snow Crash artwork. The Sotheby’s team has agreed to auction the non-fungible token (NFT)collection of Dioxin Posse images. Initially, the Dioxin Posse was a graphical artwork manuscript developed before Neil’s Snow Crash project.
Unexpected Shift to NFT space
Nonetheless, Sotheby’s plans to auction the 1933 cover artistic work of the mass-market series of Snow Crash. Sotheby’s intends to auction the sword coined by a protagonist in the Snow Crash film.
In the meantime, Neil’s artwork has gained global recognition selling millions of copies in North America. Blockchain and NFT technology are becoming a haven for innovation, attracting key players in all sectors. A recent study revealed that the growth of NFT would push the crypto markets to reach the $1 trillion mark in 2032.
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