
Will Emily Ratajkowski’s NFT go for more than $2 million at Christie’s?
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From PolymarketAbout this market
ContextThis is a market on the final hammer price for Emily Ratajkowski’s NFT “Buying Myself Back: A Model for Redistribution”, which is scheduled to be auctioned at Christie’s on May 14, 2021 (https://www.christies.com/lot/lot--6317722/). This market will resolve to “Yes” if the hammer price at auction exceeds $2 million, and “No” otherwise. Note this is a market on the final hammer price at the live auction, which does not include buyer’s premium, fees, or taxes, and is not equivalent to “price realised” as listed on Christie’s website. As per Christie’s, on the day of the auction, May 14, 2021, a video link to the live auction will be available on the website to the auction, where the auction can be followed live (https://webclient-chr1.auctionsolutions.com/ams-wc-ui/chrLiveM.jsp). This market will resolve according to the final hammer price, as indicated or broadcast from an official Christie’s source. In the event of ambiguity in terms of the market outcome, the market will be resolved at the sole discretion of the Markets Integrity Committee (MIC).
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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.