Christie’s Dives Deep Into Emerging Collecting Categories—Sneakers and NFTs
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Christie’s Dives Deep Into Emerging Collecting Categories—Sneakers and NFTs

By FANG BLOCK
Wed, Sep 28, 2022 8:34amGrey Clock 2 min

Christie’s launched two major initiatives this week in an attempt to cater to younger collectors: Department X, which will focus on streetwear and pop culture, and Christie’s 3.0, a platform to handle NFT sales fully on blockchain.

Department X, launched Monday, will be led by Caitlin Donovan, a founding member and current head of the department of handbags and accessories at Christie’s Americas. She has been working on specialized sales of sneakers, streetwear, and other luxury collectibles over the past three years.

“With exciting sales that will cross several genres of popular culture and collecting–music, fashion, and sports history—I am excited for new and existing clients of Christie’s to embark on this journey with us,” she said in a news release Tuesday.

The department will hold online auctions, with previews in New York, as well as private selling exhibitions throughout the year. The debuting private selling exhibition will showcase two pairs of Nike Air Yeezy sneakers designed by rapper and fashion designer Kanye West.

One pair, the Nike Air Yeezy 1 prototype was the first sneaker West designed with Nike creative director Mark Smith and designer Tiffany Beers. The other pair, the Nike Donda West Air Jordan VI, was designed for West’s mother and never released for public sale.

Christie’s is a latecomer to the emerging category of sneakers and streetwear. Its largest competitor Sotheby’s established a department dedicated to this collecting space–with online sales only–in the first half of 2020. Bonhams has had a department handling auctions, both live and online, of pop culture collectibles, including film, entertainment, music, and sporting memorabilia, since the early 1980s.

On Tuesday, Christie’s launched Christie’s 3.0, a platform to enable NFT sales fully on the Ethereum blockchain network. The marketplace was developed in collaboration with three leading companies in the Web3 community: Manifold, Chainalysis, and Spatial.

The new platform has incorporated compliance and taxation tools and will feature high-quality digital artworks and curated collections, according to Nicole Sales Giles, Christie’s director of digital art sales.

The inaugural sale, running from Sept. 18 through Oct. 11, will feature nine NFTs specifically created by visual artist Diana Sinclair to launch Christie’s 3.0. Estimates range from ETH 4 to 8 (US$5,245 to US$10,489).

Sinclair, 18, was recognized by Fortune as one of the top 50 most influential people in the NFT space. She is the curator behind Digital Diaspora, a Juneteenth exhibition that highlights the work of Black artists and creatives in the NFT community.

Last year, she also collaborated with the estate of Whitney Houston to create a digital video featuring rare archival photos of the late singer that sold for approximately US$1 million.



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The Power Move of Working the 5-to-9 Before the 9-to-5

Working a regular day, even into the evening, is for mere mortals. Those out to impress start well before dawn.

By CALLUM BORCHERS
Fri, May 17, 2024 4 min

As a competitive rower in my long-ago prime I sometimes used a racing strategy called fly and die. Sprinting to an early lead often yielded a fast overall time, even if I couldn’t hold my torrid pace through the finish line.

Some professionals take a similar approach to their desk jobs, starting their workdays with a 5 a.m. to 9 a.m. shift. They are up before the sun—and, more important, before their co-workers—to get a jump on the workday and impress the boss.

Nothing screams go-getter like a predawn email! Getting stuff done early allows them to clock out midafternoon and still look like stars, even if their routines require Ben Franklin-esque sleep schedules and vats of caffeine.

Melissa O’Blenis rises by 4:30 a.m. for prayer and Peloton time before starting her job at the digital consulting firm Argano.

“I just love checking things off my list,” she says. “I need that focus time away from Teams messages, email notifications and text alerts.”

A mother with two sets of twins, O’Blenis, 48, often breaks for her kids’ afternoon sports without feeling guilty or judged. Colleagues jokingly call her Granny because her 9 p.m. bedtime makes the early starts possible. But Granny got the last laugh when she was promoted to a director-level role in March.

More than 90% of knowledge workers want to flex their hours, according to surveys by Slack’s Future Forum . In the pandemic many of us got in the habit of handling personal commitments during standard business hours, then catching up on work tasks later .

Now that the office battle is largely over, fighting a return to rigid, 9 a.m. to 5 p.m. schedules might be workers’ last stand. But managers complain about afternoon dead zones when employees are out of pocket.

The solution for more workers is starting sooner instead of finishing later. Workflow software maker Asana reports that 21.4% of users are logging on between 5 a.m. and 9 a.m. this year, up from 19.8% in 2021. About 12% of work tasks are completed before 9 a.m., the company says, compared with 10% before the pandemic.

Early-bird bosses

Gibran Washington and his basketball teammates at Hofstra University used to run at 6 a.m. He maintained his early wakeups while climbing the ranks in food-and-beverage management.

By 9 a.m. meetings, he had already exercised, meditated and put in a couple of hours of work.

“I always found myself more prepared than my colleagues who hadn’t had their first cup of coffee yet,” says Washington, 40, who doesn’t drink coffee. Now he is chief executive of Ethos Cannabis, a chain of 12 dispensaries in three states, and rises as early as ever.

Waking and working ahead of the pack is a common CEO habit, from Apple ’s Tim Cook to General Motors ’ Mary Barra . Even if your ambitions are less grand than the corner office, starting early could help you stand out for one simple reason: The boss is probably up, too, and taking notice.

Matt Kiger says being the first one into the office helped him catch his manager’s eye and advance after changing careers from education to media sales. He would set his alarm for 5 a.m., hop a train from Connecticut to New York and be at his workstation before 7.

“I thought, ‘What is it going to take to break through?’” he recalls. “‘It’s going to take being there when my boss comes in, already at my desk making phone calls.’”

Now a senior vice president for digital sales at Townsquare Media , Kiger, 47, says much of the daily communication among company leaders happens by text and phone from 6 a.m. to 8 a.m. It’s possible to succeed as a night owl, he says, but people who sleep in risk missing a window when many executives are awake and accessible. While some working parents can’t swing early-morning meetings, others like Kiger say they are the key to being present at kids’ after-school activities.

Getting the worm

Matt Sunshine—whose surname surely predestined him to be a morning person—wakes at 5:30 a.m. to read the news. Then he cycles or takes a Pilates class and is on his computer by 7.

Sunshine is CEO of the Center for Sales Strategy in Tampa, Fla., which helps healthcare, media and professional-services companies generate leads. He doesn’t expect his 55 employees to follow his schedule but says it becomes progressively harder to get his attention as the day goes on and his calendar fills up with meetings. He also tries to log off by 5:30 p.m. for family time, so working after hours won’t necessarily make an impression.

“If you want to get my attention, a good time to get me is first thing in the morning,” Sunshine, 55, says. “Because people know I’m an early riser, I think that does influence other people to do the same.”

Elvi Caperonis’s morning routine is next-level organised. Her alarm rings at 6 a.m. She goes for a run at 6:30. At 7 she showers and eats breakfast. At 7:30 she opens her laptop and sets a timer for 25 minutes. That’s her first block to focus on the most important task of the day before a five-minute break. She repeats the on-off work pattern throughout the day.

Caperonis, a technical program manager at Amazon , makes a daily to-do list with nine items. She rates one critical, three medium-level and five lower-priority. This helps her work efficiently and in the right order.

The 41-year-old works from home in Florida and often picks her daughter up from school at 2:30 p.m., freedoms she has preserved partly by being highly productive early in the day, she says. Much of her job involves identifying potential risks to a project’s success, and when she sends an early-morning alert it arrives really early for company leaders in the Pacific time zone.

“They appreciate having that information first thing when they open their email,” she says. “In my experience, leaders are also early birds.”

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