The American government turned against its own word and offered to auction to the public stolen bitcoins it retrieved and held in custody. Although the US is among the fast developing countries in the world and a leader of technology, the US has been slow in legalizing bitcoin usage in the economy. For this reason many innovators fell on the wrong side of the law and got their assets frozen by the government.
The official announcement of the world’s first cryptocurrency art auction held by blockchain company Maecenas was released yesterday, June 7. The event will take place at fintech-welcoming UK gallery Dadiani Syndicate on June 20, where an Andy Warhol painting will be sold using blockchain technology.
The mysterious skeleton of an unknown kind of dinosaur is alleged to be up for auction in Paris this June. Auctioneers have an opportunity to bid in both euros and bitcoins. The financial market experts say the fossil seems to gain a large amount of money.
DomRaider Group is pleased to present the initial version of their blockchain powered auctions solution under the new brand name of Auctionity. A French tech startup, DomRaider has been working relentlessly to develop an open-source solution that will allow real-time management of auctions, leveraging the extraordinary capabilities of the blockchain technology.
As of today, art collectors and aficionados still go to auction houses, art galleries or museums to enjoy beautiful pieces of art. Although they constitute high value educational and cultural experiences, the ZendDao team based in Shanghai (China), believes that the industry is ready for disruption and wants to introduce a state-of the-art (no pun intended) experience to enjoy, consume and invest in Art and collectibles.