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Christie's Exec’s NFT Platform TR Lab Plans Artwork Drop by Cai Guo-Qiang
TR Lab’s second NFT sale will take place in September.
Yazan Tanzeel Akhtar
TR Lab, the non-fungible token (NFT) platform from Christie’s Deputy Chairwoman Xin Li-Cohen, will host its second sale of NFTs in September.
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- The sale, or drop, will feature “Exploding the Self” by Cai Guo-Qiang and starts Sept. 3 at 9 a.m. ET (13:00 UTC).
- Li-Cohen, a former model turned art specialist, co-founded in April the Hong Kong-based platform for discovering and collecting fine art.
- The NFT will be available to 99 buyers on a first-come, first-served basis.
- Collectors will have to register with TR Lab and payments will be made in U.S. dollar-pegged stablecoin USDC through cryptocurrency wallet MetaMask.
- In July, Guo-Qiang’s “Transient Eternity” NFT sold for $2.5 million through the TR Lab platform.
- NFTs are blockchain-based tokens incorporating various attributes representing artwork or assets in the digital domain and can be used to verify proof of ownership.
Read more: Rare CryptoPunk NFTs Fetch Almost $17M at Christie’s Auction
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