Art NFT Online Live Auction (OS038)

33 Auction proudly presents its first Art NFT Online & Live Auction, coinciding with Web 5.0 Conference 2022 presented by Coinllectibles and Mavion. Each artwork in this auction besides being a physical artwork, will also have a Coinllectibles™️ Fusion Digital Ownership Token (DOT) attached to it. 30 works by celebrated and in-demand contemporary artists, like Takashi Murakami, Yoshitomo Nara, Salvador Dali, Yue Minjun, Goh Beng Kwan, etc as well as 3 special edition watches by Quinting will be on offer in this auction.

Buyer’s premium: 20% of the hammer price.

BIDDING INFORMATION
This auction is an online-timed-then-live auction. Bids are accepted online till before the auction goes live.

Bidding is accepted via:
1. Written bid: Submit your maximum bid on any lot before the sale and let the auctioneer execute your bid up to your maximum on the auction day.
2. Telephone bid: Leave us your instruction to call you to bid on any lot you are interested in and we will call you during the auction to assist you to place the bid via telephone.
3. In-person bidding: If you are in Singapore and would like to attend the auction and bid in-person, you may register for a paddle on site and bid using the paddle in the auction room.
4. Internet bidding: Please create a new account or login to auctions.33auction.com or 33 Auction mobile apps with your 33 Auction online account. You can leave the ‘maximum bid’ that you are prepared to pay – our system will bid on your behalf if there is competitive bidding, up to your maximum bid amount. You can also bid live as you watch live stream of the auction using the apps or on our website.

About Coinllectibles™️ Fusion DOT
Coinllectibles™️ prides the Fusion DOT as the industry “Gold Standard”. Being a Gold Standard, a Fusion DOT contains the following on Arweave – (1) a sale and purchase agreement reflecting the purchase, by the person minting the Fusion DOT™️, of the underlying asset at a fair value with all rights and restrictions clearly detailed, (2) bailment terms governing the rights to possession whilst the underlying asset remains with Coinllectibles™️, (3) a transfer deed reflecting the transfer of the ownership of the underlying asset (together with all rights and restrictions) by the transferor to the holder of the Fusion DOT™️, (4) ownership title deed written into the description of the Fusion DOT™️ and (5) the unequivocal identification file of the underlying asset, whose ownership is reflected in the title deed represented by the Fusion DOT™️.