{"id":22607,"date":"2024-07-03T17:21:01","date_gmt":"2024-07-03T15:21:01","guid":{"rendered":"https:\/\/www.fauveparis.com\/le-monde-success-for-the-first-nft-public-sale-of-crypto-art-in-paris\/"},"modified":"2024-07-03T17:21:02","modified_gmt":"2024-07-03T15:21:02","slug":"le-monde-success-for-the-first-nft-public-sale-of-crypto-art-in-paris","status":"publish","type":"post","link":"https:\/\/www.fauveparis.com\/en\/articles\/le-monde-success-for-the-first-nft-public-sale-of-crypto-art-in-paris\/","title":{"rendered":"Le Monde: &#8220;Success for the first NFT public sale of crypto-art in Paris&#8221;."},"content":{"rendered":"\n<p>By Emmanuelle Jardonnet, March 11, 2022<\/p>\n\n<p class=\"has-drop-cap\">Not everyone was able to get in, and some bid from the street. Lucie-El\u00e9onore Riveron, co-founder and director of the young auction house FauveParis, lived up to her nickname of &#8220;Madonna of the NFT&#8221;<em>,<\/em> when she successfully organized the first public crypto-art auction, on the evening of Thursday March 10, in an effervescent atmosphere, before a rather young crowd of crypto-addicts and curious onlookers.<\/p>\n\n<p>[&#8230;] The flamboyant young woman immersed herself in the whirlwind of the NFT ecosystem a year ago. [&#8230;]<\/p>\n\n<p><em>&#8220;I saw in it the possibility of the rise of digital art. This market has enabled these artists to be recognized and validated. And I wanted to organize a sale in Paris&#8221;<\/em>, sums up the professional, who was called to order by the Conseil des ventes, the sector&#8217;s regulatory authority, on her first attempt. This is due to a legal vacuum concerning the sale of intangible goods by auction houses in France. Scheduled for February 24, &#8220;The Prohibited Auction&#8221; was cancelled. However, at the same time, the National Assembly and then the Senate passed a law, promulgated on March<sup>1<\/sup>, extending public auction sales to certain &#8220;intangible&#8221; goods.<\/p>\n\n<p>However, there is still some vagueness, particularly as regards the implementing decree. Lucie-El\u00e9onore Riveron was therefore cautious in organizing this <a href=\"https:\/\/www.fauveparis.com\/vente\/\" target=\"_blank\" rel=\"noreferrer noopener\">sale, entitled &#8220;The Burnt Auction<\/a> &#8220;: officially on sale this Thursday evening were only A4 prints of the <em>&#8220;smart contracts&#8221;<\/em> (details of the works&#8217; online contracts), ironically tangible pieces that the NFTs <em>&#8220;accompanied<\/em> &#8220;. The practice of <em>&#8220;burning&#8221;<\/em> NFTs exists (in order to destroy them), but in this case it was diverted, as buyers were invited to burn the paper contracts with matches distributed to the public.<\/p>\n\n<p>[&#8230;] <em>&#8220;Works from the first market, i.e. two-thirds of the lots, sold very well. Those from the more expensive second market sold more poorly&#8221;<\/em>, analyzes Lucie-El\u00e9onore Riveron.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Emmanuelle Jardonnet, March 11, 2022 Not everyone was able to get in, and some bid from the street. Lucie-El\u00e9onore Riveron, co-founder [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":16956,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[65],"tags":[],"class_list":["post-22607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Le Monde: &quot;Success for the first NFT public sale of crypto-art in Paris&quot;. - FauveParis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fauveparis.com\/en\/wp-json\/wp\/v2\/posts\/22607\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Le Monde: &quot;Success for the first NFT public sale of crypto-art in Paris&quot;. - FauveParis\" \/>\n<meta property=\"og:description\" content=\"By Emmanuelle Jardonnet, March 11, 2022 Not everyone was able to get in, and some bid from the street. 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