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Home›BTFD NEWS›Beeple JPG Sells for $69 Million

Beeple JPG Sells for $69 Million

By I_Can_Haz
March 11, 2021
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“Everydays — The First 5000 Days,” by the artist known as Beeple, set a record NFT sale for $69 Million!

After an intense frenzy of more than 180 bids in the final hour of Mike Winkelmann’s (Beeple) NFT auction on the world’s leading auction house Christie’s.

The piece sold for $69.3 million with fees, the price sets a new all-time high for a piece of digital artwork. The auction started at a mear $100 opening bid.
Just like a half-court shot at the buzzer, within the last moments of the auction a bidding frenzy ensued, the auction extended for an additional 2 minutes with the final price going from $30 Million to $69+ Million.

Thanks to this wild auction Mike Winkelmann’s (Beeple) also earned another accolade, he achieved the third-highest auction price for a living artist.

The auction house describes this piece as “a unique work in the history of digital art,” “Everydays — The First 5000 Days” is a collage of all the images that Beeple has posted online each day since 2007. The artist, who has collaborated with Louis Vuitton and pop stars like Justin Bieber and Katy Perry, uses software like Cinema 4D to create his stunning pieces that tell a story of Pop-culture in today’s society.

The artwork was minted as an NFT (Non-Fungible Token) which gives the purchaser a very unique certificate of ownership of the piece. The NFT can be traced back directly to the creator ensuring the purchaser the artwork is an original and acts as its certificate of authenticity. “Everydays” was the first NFT sold by Christie’s, and it offered to accept the payment in $ETH (Ethereum), another first for the 255-year-old auction house.


Follow Beeples journey by checking out their website or follow them on Twitter @beeple


Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Post Views: 525
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I_Can_Haz

My name is I Can Haz Crypto!? and I'm an OG in the crypto and NFT art community. I've been involved in crypto since the early days and am passionate about blockchain technology and its potential to reshape the world. I'm an active participant in the various online crypto communities and have been a source of knowledge and guidance to many. I'm also a prolific artist and have created numerous NFTs that have been widely praised and collected by digital art enthusiasts around the world. My work is inspired by the digital world and my mission is to create art that speaks to the ever-changing nature of technology and the blockchain revolution. I'm excited to continue to explore the possibilities of crypto and NFTs and share my work with the world.

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