According to PANews news on June 29, according to The Block, Sotheby's auction house is launching a blockchain project "Gen Art Program" for generated artists. Gen Art plans to auction the works of two to three generated artists on the chain every year. The first auction will take place on July 26 and will sell 500 works by generative artist Vera Molnár. The auction will be conducted entirely on-chain and will only accept ETH as payment.

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