**Sotheby’s to Auction CryptoPunk and Beeple NFT in Digital Art Sale**

Sotheby’s is set to host a digital art auction featuring a CryptoPunk and a Beeple NFT, among other pieces, starting August 15 at 2:00 pm ET (7 pm UTC) and ending August 22. The event aims to highlight the fusion of artistic expression and technological innovation.

Key Highlights:

- The auction targets both emerging buyers and seasoned collectors.

- Themes include generative art, celebrating women pioneers, and emerging artists pushing technological boundaries.

- Featured collections include "GRAILS: Property from An Iconic Collection" and "GRAILS: Starry Night."

Notable pieces include CryptoPunk #491 and a work by Beeple, known for his record-breaking NFT sales. Despite past successes, NFT sales have seen a significant decline, with a 45% drop in sales volumes by June 2024 and the lowest monthly sales in July since November 2023.