Much of that has flowed to NBA TopShot, a trading-cards site using NFT technology. Led by Beeple, the NFT market has now exceeded more than $400 million in transactions during 2021, several fold more than occured during all of last year. His so-called Everdays are often set on alien worlds-or possibly on an alien-looking Earth, where commercialism and people have run amuck. He was little known until 2020, though he had done collaborations with large brands like Louis Vuitton, Nike and Coca-Cola. The auction house will collect some portion of the $69.3 million, likely more than 10% with the majority of the proceeds going to Beeple.īeeple, whose real name is Mike Winkelmann, has posted an image online every day since 2007, and the work sold at Christie’s is a collection of these software-drawn pictures, many of them cheeky indictments of our modern, tech-obsessed lives.
Unsurprisingly given the rapacious sale, Christie’s quickly said it expects to hold more digital art sales in the future. (Last year, it sold another NFT that come with a physical work too the piece by the British artist Robert Alice sold for what will today seem like a pittance, just $131,250.) The final minutes of the Beeple auction on Thursday drew several million visitors to from 11 countries. “5,000 Days” was the first completely digital NFT sold by Christie’s, and the first-time the centuries-old auction house agreed to accept payment in Ethereum, a popular cryptocurrency.
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