Watch: Sotheby's Auction of Pak Digital Art NFT Collection Sold for $16.8M | The Hash - CoinDesk TV (youtube.com)
Sotheby's partnership with the digital artist Pak has proven to be a success. Pak's collection of NFTs, including an image of a single pixel, was auctioned off for a total of $16.8M. "The Hash" panel discusses the current debate in the art world over NFTs and who is buying high-priced NFTs.

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    Francisco Gimeno - BC Analyst Sotheby is stating that NFTs are the present and future of the Art community. The success in auctions, the transparence of royalties, the empowerment of creators, is an exciting new world. Tradicional art collectors are buying it. Of course, in a new situation, there will be some craziness, but here we are, and NFTs will develop well in a digital economy.