Friday March 12, 2021, 11:55 AM . The auction house wrote, “Marking two industry firsts, Christie’s will be the first major auction house to offer a purely digital work with a unique NFT (Non-fungible token) — effectively a guarantee of its authenticity — and to accept cryptocurrency, in this case, Ether, in addition to standard forms of payment for the singular lot.”. A piece of digital art called “Everydays: The First 5,000 Days” was auctioned for $69.34 million at Christie’s this morning. Beeple began to sell his digital art via NFT, or non-fungible tokens. Digital artist Beeple fell headfirst down the crypto rabbit hole last month when he sold a mutating NFT of Donald Trump for $66,666.6. Rare Beeple Donald Trump NFT Sells for Record-Breaking $6.6 Million. Courtesy Christie’s. Cumulative sales as of 12:30pm: $999,833.44Cumulative sales as of 12:31pm: $1,002,532.44. […] for art collectors has come from prestigious auction house Christie’s. HOSTED BY NIFTY GATEWAY IN PARTNERSHIP WITH IV.GALLERY 7PM EST 10.30.20 AUCTIONS WILL LAST 24 HOURS . BEEPLE. Hillary Clinton's power trip. An Industry First For Crypto Art However, adding an NFT enables a digital artwork to become unique and authenticated. It sold for $66,000. A fragment of “EVERYDAYS: THE FIRST 5000 DAYS” by Beeple. Except instead of doing sketches, I’m using the most advanced 3D tools to make comments on current events, almost in real-time.”. Beeple has vowed to mail to the hundreds of owners digital frames, encased in plastic, that display a loop of the NFT art. 0. Today, crypto art can sell for hundreds of thousands of dollars and works from artists such as ‘Beeple’ are in high demand. NFT's digital crypto-art by Beeple sells for record-breaking $69 million. USD prices are based on the current ETH price, not the historical price at the time of sale. Prolific 3D artist Beeple sold $3.5M worth of crypto art on fiat-to-crypto marketplace Nifty Gateway, a record for NFT sales over a 72-day period. Just last year, Beeple sold a collection of 20 artworks that managed to make him $3.5 million in one weekend. Most of the 105 editions remain unsold. Total artwork value is the artist's market cap, not the artist's total sales volume. “At the project’s inception, ‘everydays’ were basic drawings. Recently, they became the first major auction house to sell a completely digital NFT work. The artist is keen to stress the importance of this auction in the rise of crypto art. Beeple’s Everydays — The First 5000 Days will be auctioned at Christie’s from 25 February to 11 March. Total artwork value is the artist's market cap, not the artist's total sales volume. Titled the “2020 Collection,” Beeple’s latest set of NFTs is his second for Nifty Gateway, following “The First Drop,” a group of pieces released ahead of the US presidential election. Bull Run #237/271 bulls the @beeple drop and @niftygateway over $1MM. Collecting digital art has boomed in the last couple of years, however, thanks to NFTs. Many are now on sale on the secondary market, with resellers asking for, much, much more than the original asking price, Beeple's auction schedule. Rebecca Ann Hughes is a freelance journalist based in Venice. Some sales, notably with credit card payments, may be missing. He boasts 1.9 million followers on Instagram and has collaborated with notable brands like Louis Vuitton, Apple and Nike. Beeple’s crypto art has sold for millions—and that is no mistake. A digital artwork by Mike Winklemann, who goes by the name of Beeple, is set to become the first NFT (non-fungible token) work to go on sale in a major auction house. Auctions for limited-edition NFTs continue today and tomorrow, with pieces like “Spongebob Hillarypants”—a drawing of Hillary Clinton in a giant Spongebob-themed mech suit—already set to go for significant sums. Would love your thoughts, please comment. Digital artist Beeple yesterday kicked off a massive multi-day digital art sale to unite physical art with blockchain-based magic money. Crypto Art Ends 2020 on a High: What’s Next for 2021? Image: Mike Winkelmann, ,” Beeple’s latest set of NFTs is his second for Nifty Gateway, following “The First Drop,” a group of pieces released ahead of the US presidential election. Christie’s acceptance of cryptocurrency for payment is also noteworthy. March 11, 2021 10:35 PM 1 mins reading. Beeple's $69 million NFT sale marks a potentially transformative moment for the art world.The piece of digital art, “Everydays: The First 5,000 Days” by digital artist Mike Winkelmann, known as Beeple, was sold for $69.3 million at Christie’s. He’s working on making it suck less every day In addition to yesterday's sale, Beeple will auction off a further 21 editions over the course of the weekend, each of which comes with corresponding physical versions. Cropped detail of Beeple (b. Beeple JPG File Sells For $69 Million, Setting Crypto Art Record ... That price set a new record for the increasingly popular market for digital-only art — and makes Beeple's piece the third most-expensive work sold by a living artist at auction, according to a statement by Christie's. The sale of the crypto artwork at such a prestigious auction house is a sign of the growing acceptance of this art form into the mainstream of collecting. “The notable differences between the early and later pictures reveal Beeple’s enormous evolution as an artist,” explained Noah Davis, a specialist in post-war and contemporary art at Christie’s. Minted on 16 February 2021. The historic $70 million sale of Beeple's artwork became the catalyst for quick rise in B20 token, representing part of the auctioned piece. Over the past five years, they have become increasingly timely, reacting to current events.” The topics of the images include wealth, technology crazes and political unrest. Friday, Mar. Non-fungible token (jpg). FILMS. Read on the Decrypt App for the best experience. Image: Beeple. The artist auctioned off his entire NFT collection for $3.2 million, including a single piece that went for $777,777 in December 2020. We also get your email address to automatically create an account for you in our website. He knows how to market his releases and extract maximum value from his works. Kang was in. The Post Millennial The Post Millennial. Christie’s … Beeple JPG File Sells For $69 Million, Setting Crypto Art Record By Chloee Weiner. Everydays – The First 5000 Days, by renowned crypto artist Beeple, is on sale from 25 February […]. While Nifty Gateway propped the window ajar, people could rush in and buy as many NFTs as they pleased. While Nifty Gateway propped the window ajar, people could rush in and buy as many NFTs as they pleased. For a long time, Beeple felt dismissed by the art world. Beeple showed him his “MF Collection” and told him about his vision for his Nifty Gateway drop as a potentially historic moment for both cryptocurrency and crypto-art. Image: Beeple … Beeple’s digital artwork is a monumental collage of 5000 different images. TONIGHT 7PM EST ✨ @niftygateway https://t.co/QeeDdBSNCv pic.twitter.com/JyGEEUahok. 1981), EVERYDAYS: THE FIRST 5000 DAYS, 2021; non-fungible token (jpg). Australia Celebrates First Immersive Crypto Art Festival, Nyan Cat and the Explosive Growth of Crypto Art, Olive Allen: Artist Trailblazer on the New Frontier of Crypto, CryptoKitties and the Past, Present, and Future of Crypto Collectibles, Rebecca Ann Hughes is a freelance journalist based in Venice. Beeple has vowed to mail to the hundreds of owners digital frames, encased in plastic, that display a loop of the NFT art. His art has been featured in campaigns by Louis Vuitton, Apple, and Nike, and he’s also worked with superstars like Justin Bieber and Katy Perry. With $89 Million NFT Sale. Follow her on Twitter. *CONGRATULATIONS* pic.twitter.com/WkMT7F2lbe, — RD (@RogerDickerman) December 12, 2020. The implied scarcity of the work (and the fact that he is insanely talented and these pieces rip) meant that demand grew exponentially. ARTISTS STATEMENT ABOUT THE COLLECTION bruh, i just learned wtf an NFT is like two weeks ago, not gonna act like i have a ton of intelligent shit to say here. Share. The Winklevoss twins acquired Nifty Gateway last year. Source: A screenshot, onlineonly.christies.com. It is possible to zoom in on the artwork and see the individual pictures. He has also created visuals for singers Ariana Grande and Katy Perry. It sold for $66,000. Auction. Galleries include Nifty Gateway, SuperRare, MakersPlace, Foundation, KnownOrigin, and Async Art. Kang was in. — Nifty Gateway (@niftygateway) December 12, 2020. NFT digital art by crypto artist Beeple sets record at auction for $69.3 million. The first auction, which commenced last night at 7pm ET on Gemini-backed crypto art marketplace Nifty Gateway, generated $582,000 in 5 minutes; cumulative sales from the auction have since surpassed $1.1 million. It marks an important moment in merging art collecting and the digital world. A one-of-a-kind Beeple piece has sold for $6.6 million. A graphic designer from Charleston, SC, USA who does a variety of digital artwork including short films, Creative Commons VJ loops, everydays and VR / AR work. Beeple Sends Crypto-Art Prices ???? EVERYDAYS. So far, the cumulative revenue from the drop, including sales on secondary marketplaces, has surpassed $1 million, according to Roger Dickerman, the author of an NFT substack. Digital images are reproduced and duplicated with complete ease. Beeple’s crypto art frequently dialogues with the contemporary world around him. Any one who was signed in on to the site at the time has been entered for a raffle to sell the remaining works. More coming soon. Join the ranks of independent, free thinkers by supporting us today for as little as $1. NFT-artwork creator Beeple explains why digital art could be crypto's next frontier . For a five-minute window yesterday, Beeple, real name Mike Winkelmann, sold three "open editions," titled “Bull Run,” “Into The Ether,” and “Infected,” at a rate of $969 apiece. ABOUT. Some sales, notably with credit card payments, may be missing. Less than six months ago, Beeple, whose real name is Mike Winkelmann, was unknown to the art world. NFT superstar Beeple crashed the crypto art boutique MakersPlace’s yesterday after traffic for his limited edition $1 drop led to system issues. Total Artwork Value: $25,962,630.01 (14,357.479 ETH) Total Artworks Sold: 837. Speaking to Bloomberg, he said, “The rabbit hole of possibilities that this is going to bring to the art world—I don’t think people are fully recognizing that this is going to be a massive, massive shift.”. 21,069 x 21,069 pixels (319,168,313 bytes). Technology. In a statement on Tuesday, Christie’s said the auction is “an important milestone in the development of the market for digital art.” Crypto art auctions normally take place exclusively on blockchain-based marketplaces like SuperRare and Nifty Gateway. More. Published 8 hours ago: March 12, 2021 at 3:39 am-Filed to: articles. Digital artist Beeple yesterday kicked off a massive multi-day digital art sale to unite physical art with blockchain-based magic money. USA. He is taking great pleasure at this crypto-fueled reversal. Until last year, Beeple was selling art for as little as $100. She contributes regularly to, So You Want to Be a Crypto Artist ~ Culture Pledge, Nyan Cat and the Explosive Growth of Crypto Art ~ Culture Pledge. Mike has his finger on the pulse of this crypto art movement. For the best experience, top crypto news at your fingertips and exclusive features download now. That price set a new record for the increasingly popular market for digital-only art — and makes Beeple's piece the third most-expensive work sold … If you want to snag that one, don’t hesitate—bidding closes soon, and the price is already up to $7,777. USD prices are based on the current ETH price, not the historical price at the time of sale. One of those works, “. Talking to Christie’s, Beeple said of his artwork, “I almost look at it now as though I’m a political cartoonist. Three open edition NFTs generated $582,000 in just five minutes, according to the site. ARCHIVE. When Beeple started working in 3D, however, they took on abstract themes, colour, form and repetition. In early November of 2020, Beeple sold a single NFT piece for $66,666. Everydays — The First 5000 Days, an ongoing digital art project by graphic designer Mike Winkelmann (who goes by the pseudonym Beeple), has recently been on the baffled lips of countless artists, journalists and tech bros. Beeple’s Everydays – The First 5000 Days will be auctioned at Christie’s from 25 February to 11 March. Now, the Charleston, North Carolinian artist wants to tie crypto art back to reality. One of those works, “Crossroad,” was an animation that would change depending on who won the election. ” at a rate of $969 apiece. It’s now the most expensive NFT ever created. this crypto space seems super interesting … DM me to manually add missing pieces. A digital artwork by Mike Winklemann, who goes by the name of Beeple, is set to become the first NFT (non-fungible token) work to go on sale in a major auction house. Winkelmann has been working on his “Everydays” project for over 13 years. RESOURCES. She contributes regularly to Forbes and has written for the Independent, Prospect Magazine, and The Local Italy. beeple beeple-crap.com. A mystery buyer is responsible for a great leap forward to both cryptocurrency and the traditional auction house system. Nifty Gateway retweeted Dickerman's calculation. The images came from photos the artist had posted online every day for 13 and a half years. BEEPLE is Mike Winkelmann. Squawk Alley. Auctions for limited-edition NFTs continue today and tomorrow, with pieces like “. As such, digital art has thus far remained relatively off the radar for the mainstream art audience. Following the iconic $70 million auction of Beeple’s digital artwork today, a crypto token representing partial ownership of the auctioned collection surged by 89% in less than 30 minutes.. Metapurse Acquired 20 Pieces. Beeple on the blockchain. Beeple is already a hugely successful digital artist. Marina Galperina. The first auction, which commenced last night at 7pm ET on Gemini-backed crypto art marketplace Nifty Gateway, generated $582,000 in 5 minutes; cumulative sales from the auction have since surpassed $1.1 million.For a five-minute window yesterday, Beeple, real name Mike Winkelmann, sold three “open editions,” titled “Bull Run,” “Into The Ether,” and “Infected,” at a rate of $969 apiece. Trade Cryptos with Zero Fees Register Now The first auction, which commenced last night at 7pm ET on Gemini-backed crypto art marketplace Nifty Gateway, generated $582,000 in 5 minutes; cumulative sales from the auction have since surpassed $1.1 million. Beeple is one of the world’s most-renowned digital artists. Art. When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. ”—a drawing of Hillary Clinton in a giant Spongebob-themed mech suit—already set to go for significant sums. NPR - A JPG file made by a digital artist known as Beeple sold Thursday for almost $70 million by Christie's auction house. Beeple Breaks His Own Record A unique NFT by Beeple fetched $6.6 million… Banksy Original … These have been fundamental in the process of valuing crypto art. “This was art in and of its own right that I would buy, and I liked the idea that I could have a unique digital edition of it,” he says. Beeple, a visual artist, is selling non-fungible tokens—unique blockchain collectibles—on Nifty Gateway all weekend. Digital piece by Beeple sells for $69 Million, blasting crypto art records Japan remembers 'man-made' Fukushima nuclear disaster, 10 years on Chinese pressure upends Uyghur refuge in Turkey Christie's is currently auctioning their first digital-only work of art, a mosaic of 5,000 pieces called "EVERYDAYS" by Beeple (Mike Winkelmann). Everydays — The First 5000 Days (2021) by Beeple. VJ LOOPS. That is a record amount of money paid for non-fungible tokens (NFTs) - the new booming category of art. Many are now on sale on the secondary market, with resellers asking for much, much more than the original asking price. But then, something unprecedented happened. Once your account is created, you'll be logged-in to this account. ,” was an animation that would change depending on who won the election.