Artworks in the blockchain (III). Auctions.

Art Assets Auction on Ignis Blockchain

A simple way to auction artworks without intermediaries, explained after a real experience with five paintings of Ana Santiso.

During the days 10 to 17 of December, Tarasca DAO auctioned five of the original physical paintings of the card game. The auction was made entirely in the blockchain of Ardor, without any intermediaries. It was not necessary to pay 25% of the sale price to an auction house (Sotheby’s, Christie’s, etc.), nor to use payment companies (Paypal, VISA, etc.) that also charge fees. The auctions were made p2p, with the direct participation of buyers and artist, in a safe, simple and anonymous way.