Beeple’s famous NFT.
Beeple’s famous NFT.
On Thursday, June 10, 2021, as its “Natively Digital” curated NFT sale ended, Sotheby’s scored a massive win by selling one of its Larva Labs CryptoPunks for $11,754,000.
Further perpetuating the roster of NFT-affiliated victories recently racked up by Christie’s, UC Berkeley, and even the New York Times! (From Observer).
What looked to be a fad has been gaining strength. Still, for many artists, this is crazy!
Maybe you want to know who is Beeple. He is a famous digital artist, working for more than 15 years in this realm. Keep reading!
What do you think about the NFTs?
Some say that it is the future of art, and others say that it is a bubble, something temporary.
With the 69 million paid for a digital mosaic by artist Beeple, I noticed that many accounts have suddenly sprung up on Twitter, posting NFT. They are bidding and buying. It’s interesting; hopefully, it’s not a passing phenomenon!
NFT is the acronym for non-fungible token.
NFTs are an “inimitable” asset in the digital world that you can buy and sell like any other type of property, but they don’t have a tangible form in themselves. These digital tokens are certificates of ownership of virtual or physical assets.
You can create NFTs from almost anything: artworks like paintings, drawings, or videos. It also could be music, a tweet, and so on. However, tokens are more related to digital art, that is, art created utilizing computers and digital editing programs.
Who is Beeple? Mike Winkelmann is Beeple.
In March 2021, his work Every day: the first 5000 days; a collage of images from his “Every Day” series sold for the cryptocurrency equivalent, Ethereum, at US$ 69,346,250.
It makes it the third most expensive work of art by a living artist. This NFT is the first purely non-expendable token sold by Christie’s auction house. Every day it is the first NFT sold through an auction house. And it is the first sale at Christie’s paid for with Ethereum!
And the truth is that this intelligent investment purchase changed the course of contemporary art and art history in general!
By this date, nobody knows who is the mysterious buyer.