RCS - artnet AG - Artnet's NFT Platform to launch Report on Dec. 15

Artnet AGAnnouncement

07/12/2021 11:50

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RNS Number : 8355U  artnet AG  07 December 2021

 artnet AG / Key word(s): Product Launch/Cryptocurrency / Blockchain

artnet AG: Artnet's NFT Platform, ArtNFT, to launch along with Comprehensive '
 Artnet NFT 30' Report on December 15

07.12.2021 / 11:17

The issuer is solely responsible for the content of this announcement.

 Artnet's NFT Platform, ArtNFT, to launch along with Comprehensive ' Artnet NFT
 30' Report on December 15

 - On-chain, crypto-native NFT sale to launch on December 15, 2021

 - Artnet's exceptional crypto-native NFT advisory committee to be announced

 - 'Artnet NFT 30' report, sponsored by Justin Sun's ApeNFT, to be published

 - Artnet News' industry leading editorial builds out its NFT coverage,
 including interviews with key players in the NFT space

 Berlin / New York, December 7, 2021 - Artnet AG, the leading online art
 marketplace, art market data and analytics provider, and global newswire, is
 excited to announce ArtNFT: the company's launch of its on-chain NFT
 platform, its NFT Advisory Board, and 'Artnet NFT 30' report. "As a pioneer
 of the online art industry, artnet is perfectly positioned to embrace the NFT
 space. Our goal is to bridge the gap between the crypto community and the
 traditional world of fine arts," said Colleen Cash, Vice President of Artnet
 Auctions.

 ArtNFT, Artnet's first, on-chain NFT platform will launch on December 15,
 2021, with a curated selection of works from the community's top NFT artists.
 As an on-chain platform, Artnet's goal is to provide collectors with a
 transparent, efficient, trustworthy, and integrated experience in their
 discovery and purchase of NFTs.

In order to provide the best possible works and user experience, Artnet also
 established an NFT advisory committee, bringing together industry experts and
 market and opinion leaders in the field.

Alongside the ArtNFT platform, Artnet will also publish its 'Artnet NFT 30'
 report, sponsored by ApeNFT. Harnessing the expertise of the Artnet News team
 and market data, the report will provide a deep analysis of the NFT space and
 the people shaping its future.

 With the simultaneous release of the ArtNFT auction platform, the 'Artnet
 NFT 30' report, and supporting interviews with key players, Artnet is poised
 to become a destination for NFT artists, collectors, and professionals -
 continuing the company ethos of spearheading transparency, innovation, and
 positive change for the art industry. "The NFT world has built a
 multi-facetted community, and we are excited to introduce ArtNFT as a space
 to discover and engage with these cutting-edge works. With this launch, we are
 combining artnet's global reach, knowledge and expert curation to deliver an
 integrated experience for the digital art world," explained Artnet CEO Jacob
 Pabst.

 Artnet is one of the pioneers of the digital art market and was the first
 company to offer online sales of fine art. Today, Artnet Auctions hosts more
 than 70 curated auctions annually, featuring a range of coveted post-war and
 contemporary paintings, sculptures, prints and photographs. It offers
 collectors strategic buying and selling opportunities throughout the year. As
 of the end of August, the value of transactions sold on artnet Auctions had
 increased by 20% to 18.5 million USD YoY, compared to the previous year, and
 revenues have increased by 15% to 3.6 million USD.

 Further Investor-relations related news and publications can be found here:

http://www.artnet.com/investor-relations/

 About artnet

 Artnet has an unparalleled 60 million unique users annually, making it the
 largest global platform for fine art. Founded in 1989, Artnet has
 revolutionized the way people discover, research and collect art today.
 Artnet's data is a mission critical resource for the industry, with a database
 of more than 15 million auction results and AI and ML driven analytics
 providing an unparalleled level of transparency and insight into the art
 market. Artnet's marketplace connects leading galleries and auction houses
 with artnet's global audience, offering a curated selection of over 250,000
 artworks for sale worldwide. Artnet Auctions, the pioneering online-only
 auction platform, offers unprecedented reach, liquidity, and efficiency.
 Artnet News covers the events, trends, and people shaping the global art
 market with up-to-the-minute analysis and expert commentary. It is the
 dominating content provider in the fine art industry, with an unparalleled,
 rapidly growing, and dedicated audience. Together, artnet's broad product
 offering provides a comprehensive ecosystem that drives and informs the modern
 art market.

 Artnet AG is listed in the Prime Standard of the Frankfurt Stock Exchange, the
 segment with the highest transparency standards. The majority of operations
 are run through its wholly-owned subsidiary, Artnet Worldwide Corporation, a
 New York based entity founded in 1989. Artnet Worldwide Corp. owns a London
 based subsidiary, Artnet UK Ltd.

 ISIN: DE000A1K0375

LEI: 391200SHGPEDTRIC0X31

 Contact:

Sophie Neuendorf

sneuendorf@artnet.com

 Contact:

Sophie Neuendorf

Vice President

 07.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service
 of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
 Financial/Corporate News and Press Releases.
 Archive at www.dgap.de

 Language:     English
 Company:      artnet AG
               Oranienstraße 164
               10969 Berlin
               Germany
 Phone:        +49 (0)30 20 91 78 -0
 Fax:          +49 (0)30 20 91 78 -29
 E-mail:       info@artnet.de
 Internet:     www.artnet.de
 ISIN:         DE000A1K0375
 WKN:          A1K037
 Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in
               Berlin, Dusseldorf, Stuttgart, Tradegate Exchange
 EQS News ID:  1254773

 

 End of News  DGAP News Service

1254773  07.12.2021

 

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