Seoul Auction Blue to set up 'XXBLUE,' NFT artworks trading platform

▲ This image, provided by Seoul Auction Blue, shows artist Kim Sun-woo's "Orchestra of Forest." (PHOTO NOT FOR SALE) (Yonhap)

SEOUL, Nov. 24 (Yonhap) -- Seoul Auction Blue from Seoul Auction, a company trading art works and paintings, will launch “XXBLUE,” a platform to trade NFT (Non-Fungible Token) artworks, the company announced Wednesday.

The platform will present digital works every Tuesday and Friday starting from the 24th. Users can check what works are on display through the platform’s website or application and can purchase them through “UPbit NFT.”

The structure is based on the cooperation between UPbit which provides the contents and NFT which distribute the works, Seoul Auction Blue explained.

Digital works of JANGKOAL and Kim Sun-woo will be released on the 24th and the 26th respectively. Later they will present artist Ji Yong-ho’s productions as well.

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