British auction house Christie's will allow bidders to pay in ETH, the native cryptocurrency of the Ethereum network, during its sale beginning February 25, which will feature the work of digital artist Beeple.
Beeple has been producing a new work of art every single day since May 2007, creating 5,000 new pieces since then. The collection of art, titled "Everydays: The First 5000 Days," is being called "one of the most unique bodies of work to emerge in the history of digital art."
The sale will be hosted on a standalone lot, marking the first time Beeple's work will be sold at a major auction house. It will also mark the first time non-fungible token (NFT) art is sold at an auction house. The sale is a result of Christie's partnership with NFT marketplace MakersPlace.
Christie's told Bloomberg that ETH will be accepted specifically for this auction. The sale will start on February 25, with bidding to open at $100.