• Christie’s Executive’s NFT Platform TR Lab Plans to Place Cai Guo-Qiang’s Artwork

  • TR Lab, Christie’s vice chairperson Simli Cohen’s non-fungible token (NFT) platform, will host its second NFT sale in September.

    The sale, or drop, will feature Cai Guo-Qiang’s “Explosion of Ego” and begins on September 3 at 9:00 a.m. EDT (13:00 UTC).

    Li-Cohen, a former model turned art expert, co-founded the Hong Kong-based platform for discovering and collecting fine art in April.

    NFT will be offered to 99 buyers on a first-come, first-served basis.

    Collectors must register with TR Lab and payment will be made via the cryptocurrency wallet MetaMask in USD-pegged stablecoin USDC.

    In July, Guo-Qiang’s “Ephemeral Eternity” NFT was sold for $2.5 million through the TR Lab platform.

    NFT is a blockchain-based token that contains various attributes representing artwork or assets in the digital realm and can be used to verify proof of ownership.

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