When was APENFT issued? Learn about the origin of APENFT in one article

Launched in 2021 by TRON founder Justin Sun, APENFT has become a prominent NFT marketplace and ecosystem, partnering with Sotheby's, acquiring Nifty Gateway, and establishing the APENFT Foundation to foster digital art and culture.

Oct 29, 2024 at 10:17 am

APENFT: Tracing its Origins

Conception and Foundation (2021):
- APENFT, an NFT marketplace and ecosystem, was conceived in 2021 by Justin Sun, the founder of the TRON blockchain.
- The idea behind APENFT was to create a platform for the issuance, trading, and storage of NFTs.
Partnership with Sotheby's (2021):
- In June 2021, APENFT established a partnership with renowned auction house Sotheby's.
- This partnership enabled APENFT to auction off valuable artworks as NFTs, including works by Pablo Picasso, Banksy, and Andy Warhol.
Acquisition of Nifty Gateway (2021):
- December 2021 marked the acquisition of the popular NFT marketplace Nifty Gateway by APENFT.
- This move significantly expanded APENFT's reach and influence in the NFT market.
Launch of APENFT Foundation (2022):
- In March 2022, the APENFT Foundation was launched as a non-profit organization dedicated to supporting digital art and culture.
- The foundation's mission is to promote collaborations between artists and collectors and support emerging NFT artists.
Current Status (2023):
- APENFT has become one of the leading NFT marketplaces and ecosystems, facilitating the trading and discovery of a wide range of digital art and collectibles.
- It is actively involved in initiatives to promote the adoption and appreciation of NFTs within the art and technology communities.

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