Fine Art & Collectibles
Innovative auction platforms designed for auctioning fine arts and collectibles, achieving global reach and boosting sales.
NovaFori empowers the fine art & collectibles industry to embrace digital change
We build highly reliable and scalable marketplaces to conduct multiple and simultaneous online transactions of art, antiquities and collectibles on a global scale.
Explore Auction & Trading Technology
Challenges / Opportunities
Limit access to the market
Traditional auction in person can’t achieve global reach because of their in-person nature.
Online marketplaces for accessibility
Online auction platforms provide wider access to buyers and sellers, reducing market fragmentation and increasing transparency.
Market fragmentation
The market is often fragmented, with multiple platforms and auction houses, making it challenging for buyers and sellers to find the best.
Smart contracts for transparent transactions
Using smart contracts to automate transaction processes and ensure transparency in pricing and terms.
Lack of transparency
Inadequate transparency in project details and the carbon offset process can hinder trust among stakeholders.
Digital marketplaces for efficiency
Online platforms and marketplaces can facilitate more efficient and transparent trading, reducing transaction costs and improving market liquidity.
In 2021, Christie's achieved a 43% increase in online auction sales, totalling $445M
Our digital auction solution has helped clients such as Christie’s achieve the highest total sales in the last five years, a record year for private sales, and has maintained the leading position for the best online art auction platform.
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Online is a very fruitful channel for new bidders and new clients to Christie’s. In general we’ve seen prices achieved online that rival those of live auctions and in many cases can be better than those in live auctions.
Christie's Testimonial
Providing marketplace solutions across diverse industries worldwide
We work with multiple industries. We’ve seen over $12 billion Gross Merchandise Value (GMV) transacted through our platforms since 2011.
