LESS THAN $20M
100%
PRICE $1.00 · IMPLIED 100%▸ BUY LESS THAN $20M
ALL
What will Pak’s Sotheby’s auction generate in total sales?
Current odds
Live · updates every 20s$20M TO LESS THAN $45M
0%
PRICE $0.00 · IMPLIED 0%▸ BUY $20M TO LESS THAN $45M
$45M TO LESS THAN $70M
0%
PRICE $0.00 · IMPLIED 0%▸ BUY $45M TO LESS THAN $70M
$70M OR MORE
0%
PRICE $0.00 · IMPLIED 0%▸ BUY $70M OR MORE
Price history
OPEN 24H
0.96
Less than $20M
HIGH 24H
0.99
at 11:42 ET
LOW 24H
0.93
at 02:18 ET
CHANGE
+0.04
+7.0% on Less than $20M
Market stats
Polymarket · CLOB24H VOLUME
$0
Past 24 hours
TOTAL VOLUME
$22k
Since creation
LIQUIDITY
$3k
Available to trade
Recent trades
Last 10 fills · live| TIME | SIDE | PRICE | SIZE | VALUE | TRADER |
|---|---|---|---|---|---|
Resolution rules
From Polymarkethttps://niftygateway.com/collections/paksothebysauction & https://www.sothebys.com/en/digital-catalogues/the-fungible-collection-by-pak
ORACLEUMA Optimistic
DISPUTE PERIOD2 hours
About this market
ContextThis is a market on the total sales that the digital artist Pak will generate during “The Fungible” auction. The auction is scheduled to take place from April 12 to April 14, 2021, in collaboration with Sotheby’s and NiftyGateway. This market will resolve to whichever bracket contains the total value of all the items sold during Pak’s “The Fungible” auction. The total value of all items will be the sum of sales (in USD) from both The Fungible Open Edition and The Fungible Collection auctions. Total sales will only include primary sales, and not any sales on secondary markets. This market will resolve as soon as all auctions end and total sales data can be calculated. In the event of ambiguity in terms of the market outcome, this market will be resolved in good faith at the sole discretion of the Markets Integrity Committee (MIC).
How trading works
Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.
Resolution
Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.
FAQ
Resolution & tradingHow is this market resolved?+
https://niftygateway.com/collections/paksothebysauction & https://www.sothebys.com/en/digital-catalogues/the-fungible-collection-by-pak
When does this market close?+
Trading closes at Apr 14, 2021 · 12:00 AM UTC. After close, the UMA oracle proposes a resolution and a 2-hour dispute window opens before final settlement.
What are the possible outcomes?+
The possible outcomes are: Less than $20M (100%), $20M to less than $45M (0%), $45M to less than $70M (0%), $70M or more (0%). Each contract pays out $1 if correct, $0 otherwise.
What happens if the resolution source is unavailable?+
If the primary resolution source is unavailable, the market may be delayed or resolved by UMA oracle vote using credible alternative sources. Polymarket's optimistic oracle has final authority on disputed resolutions.
How do I trade on Polymarket?+
You need a Polymarket account (sign up with email or crypto wallet). Connect a Polygon-compatible wallet, fund it with USDC, and you can buy or sell shares of any outcome at the current market price. All settlements are in USDC.