PRESS RELEASE. HONG KONG – 10th October 2021 – Refinable, a leading decentralized NFT marketplace, is taking a step forward in realizing advanced use cases for NFT applications. In a keystone partnership with high-end jewelry maker NALAS, and the support of Sotheby’s, Refinable will be the first marketplace to provide item authentication with NFTs for the high-value jewelry piece known as “Shining Stars”.
Valued at upwards of $300,000 HKD, “Shining Stars” is studded with over 200 diamonds to reconstruct the star-filled nights seen throughout Vincent Van Gogh’s artwork. Online review and bidding of the auction of “Shining Star” will start in Sotheby’s “Magnificent Jewels: Part II” from 5 October until 28 October. The successful bidder will receive a proof of purchase and proof of authenticity in the form of a digital NFT from Dias Group Limited. Leveraging the Ethereum blockchain, all associated information about the sale will be stored publicly and be available for anyone to view on the Refinable marketplace.
This marks a landmark moment for the NFT industry as more progressive brands are looking to apply NFT identification technology to complement existing business models. Auction houses including Sotheby’s and Christie’s are also actively exploring the space to further their portfolio of items to bring to market. As well as, participating in digital art festivals to promote NFT awareness amongst contemporary collectors.
As the official NFT partner of Hong Kong’s first digital art festival – Digital Art Fair Asia 2021, Refinable, alongside event partners such as Sotheby’s, Samsung, TIME, Genesis Block, BlockFi, and more, showcased over 30 global artists across digital and NFT art. For inquiries, get in touch with Refinable here.
Refinable is the definitive solution to create, discover, trade, and leverage NFTs. The marketplace provides an accessible environment, for any user, brand, or community, by offering multi-chain flexibility, low-cost alternatives, and high-performance options to engage with NFT content.
Beyond the marketplace, Refinable also offers custom solutions for brands and projects looking for new engagement opportunities. Contact Refinable for more information.
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