"I do really think that this is going to be seen as the next chapter of art history," Beeple said. “Beeple Spring Summer 21” includes limited sets of 100 NFTs being raffled off for $1 each. The event marks the auction house's first-ever NFT sale. The buyer of the $69 million NFT by the artist Beeple said he was prepared to bid even higher, since it will be seen by history as the starting point of a new age of digital art. 0.32, + In another historic moment for the NFT space, a Christie's auction for a Beeple piece commences today. A work by crypto artist Beeple has been sold for $6.6 million, according to Gemini-owned Nifty Gateway. Less than two weeks after Beeple sold "5,000 Days," Twitter CEO Jack Dorsey's first tweet, offered for sale as a nonfungible token, was sold for 1,630.58 ether. expressed here are solely the author’s and have not been reviewed, approved or otherwise endorsed by With NFTs, works of art cannot be counterfeited, creative contents will no longer be pirated as all ownership and authentication processes take place on a, With the pace NFT has set since the beginning of the year, this year may eventually, Dogecoin Accepted as Payment by NBA's Dallas Mavericks as Owner Mark Cuban Invests in NFT Platform, $3.6 Billion Worth of Bitcoin Options Will Expire Today, Ripple Is Planning to Go Public, Says SBI CEO, Polkadot Regains Bullish Momentum as Osprey Launches Polkadot Trust. We use cookies to improve your user experience and our services. This shows the potential of NFT and opens a new way for artists to make a living out of their work, now it only needs to embrace a more eco-friendly blockchain implementation to become actually viable and accepted by the community. TD Ameritrade, Inc. and Accretive Capital LLC are separate, unaffiliated companies and Subscribe today and get the latest news, exclusive interviews and analyses. Editorial Disclosure: Reviews are as determined by Benzinga Money. According to Christie’s auction house, Beeple’s sale of “The First 5000 Days”, a collage from digital artwork he produced every day for 14 years, placed the artist among the three most valuable living artists. After his record-breaking $69 million auction with Christie’s Auction House, Beeple is now releasing some of his NFT artwork on Nifty Gateway via drawing. Crypto artist Beeple received the $53 million proceeds of his record-breaking NFT sale in Ethereum—and quickly exchanged it for US dollars. The artwork consists of … Benzinga does not provide investment advice. The artwork, called “The First 5,000 Days” takes its origin back to 2007 when Beeple discovered digital art and he set out to create a piece per day, an exercise he has never missed a day on since then. The $69.3 million sale shook both the art world and the crypto world, the purchase marking the largest amount ever paid for a nonfungible token, or NFT, and making Beeple … Opinions Since each of the 100 prints are sold for $1, the secondary market chooses the going price for his art. With NFTs, works of art cannot be counterfeited, creative contents will no longer be pirated as all ownership and authentication processes take place on a public blockchain that can be verified by anyone, anywhere. Storied auction house Christie’s has wrapped its sale of “EVERYDAYS: THE FIRST 5000 DAYS” by crypto artist Beeple. Given the years that went into making Beeple’s “The First 5000 Days," it’s unlikely his other pieces will sell for similar prices. There’s more to it than eking out extra cash from his old catalog, he told Decrypt. All Rights Reserved. reserved. The collection of the first 5000 pieces of creations was collated and turned into the NFT that now ranks as the biggest sale to date. If anything is constant about the times we now live in, it's uncertainty. (Read More). In addition to these raffles, Nifty Gateway is hosting silent auctions for certain pieces in Beeple’s newest collection. ' Appearance of selling prices today 14,000 on Tuesday Woman with Stick Cat ” was for. Million each interviews and stories monetary and financial freedom. off for $ 6.6 million has. ’ ll get: a deep dive into relevant crypto projects, exclusive and... D have over $ 1, the secondary market chooses the going price his. 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