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. Beeple is one of the world’s most-renowned digital artists. Share. Auctions for limited-edition NFTs continue today and tomorrow, with pieces like “. 0. It sold for $66,000. 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. TONIGHT 7PM EST ✨ @niftygateway https://t.co/QeeDdBSNCv pic.twitter.com/JyGEEUahok. Collecting digital art has boomed in the last couple of years, however, thanks to NFTs. Beeple’s Everydays — The First 5000 Days will be auctioned at Christie’s from 25 February to 11 March. However, adding an NFT enables a digital artwork to become unique and authenticated. Rebecca Ann Hughes is a freelance journalist based in Venice. Cumulative sales as of 12:30pm: $999,833.44Cumulative sales as of 12:31pm: $1,002,532.44. 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 Beeple Breaks His Own Record A unique NFT by Beeple fetched $6.6 million… Banksy Original … 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. NPR - A JPG file made by a digital artist known as Beeple sold Thursday for almost $70 million by Christie's auction house. That is a record amount of money paid for non-fungible tokens (NFTs) - the new booming category of art. Squawk Alley. Follow her on Twitter. Some sales, notably with credit card payments, may be missing. BEEPLE is Mike Winkelmann. USA. Beeple on the blockchain. 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. Published 8 hours ago: March 12, 2021 at 3:39 am-Filed to: articles. Beeple Sends Crypto-Art Prices ???? *CONGRATULATIONS* pic.twitter.com/WkMT7F2lbe, — RD (@RogerDickerman) December 12, 2020. A one-of-a-kind Beeple piece has sold for $6.6 million. 1981), EVERYDAYS: THE FIRST 5000 DAYS, 2021; non-fungible token (jpg). ”—a drawing of Hillary Clinton in a giant Spongebob-themed mech suit—already set to go for significant sums. 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.”. Beeple has vowed to mail to the hundreds of owners digital frames, encased in plastic, that display a loop of the NFT art. Kang was in. 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. VJ LOOPS. Friday March 12, 2021, 11:55 AM . The Winklevoss twins acquired Nifty Gateway last year. Trade Cryptos with Zero Fees Register Now One of those works, “Crossroad,” was an animation that would change depending on who won the election. She contributes regularly to Forbes and has written for the Independent, Prospect Magazine, and The Local Italy. Hillary Clinton's power trip. 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. Total artwork value is the artist's market cap, not the artist's total sales volume. Digital images are reproduced and duplicated with complete ease. HOSTED BY NIFTY GATEWAY IN PARTNERSHIP WITH IV.GALLERY 7PM EST 10.30.20 AUCTIONS WILL LAST 24 HOURS . Kang was in. March 11, 2021 10:35 PM 1 mins reading. Now, the Charleston, North Carolinian artist wants to tie crypto art back to reality. He boasts 1.9 million followers on Instagram and has collaborated with notable brands like Louis Vuitton, Apple and Nike. 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.”. 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 … When Beeple started working in 3D, however, they took on abstract themes, colour, form and repetition. 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. Any one who was signed in on to the site at the time has been entered for a raffle to sell the remaining works. ,” was an animation that would change depending on who won the election. For the best experience, top crypto news at your fingertips and exclusive features download now. Winkelmann has been working on his “Everydays” project for over 13 years. 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. Source: A screenshot, onlineonly.christies.com. 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. The artist is keen to stress the importance of this auction in the rise of crypto art. Nifty Gateway retweeted Dickerman's calculation. Beeple’s crypto art frequently dialogues with the contemporary world around him. As such, digital art has thus far remained relatively off the radar for the mainstream art audience. Auction. Marina Galperina. Once your account is created, you'll be logged-in to this account. It’s now the most expensive NFT ever created. — Nifty Gateway (@niftygateway) December 12, 2020. NFT's digital crypto-art by Beeple sells for record-breaking $69 million. If you want to snag that one, don’t hesitate—bidding closes soon, and the price is already up to $7,777. Beeple JPG File Sells For $69 Million, Setting Crypto Art Record By Chloee Weiner. Some sales, notably with credit card payments, may be missing. Read on the Decrypt App for the best experience. RESOURCES. 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. Bull Run #237/271 bulls the @beeple drop and @niftygateway over $1MM. “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. The artist auctioned off his entire NFT collection for $3.2 million, including a single piece that went for $777,777 in December 2020. “At the project’s inception, ‘everydays’ were basic drawings. USD prices are based on the current ETH price, not the historical price at the time of sale. The implied scarcity of the work (and the fact that he is insanely talented and these pieces rip) meant that demand grew exponentially. With $89 Million NFT Sale. Beeple has vowed to mail to the hundreds of owners digital frames, encased in plastic, that display a loop of the NFT art. Today, crypto art can sell for hundreds of thousands of dollars and works from artists such as ‘Beeple’ are in high demand. Technology. Crypto Art Ends 2020 on a High: What’s Next for 2021? Recently, they became the first major auction house to sell a completely digital NFT work. Image: Beeple … ARCHIVE. NFT digital art by crypto artist Beeple sets record at auction for $69.3 million. Digital artist Beeple yesterday kicked off a massive multi-day digital art sale to unite physical art with blockchain-based magic money. this crypto space seems super interesting … It sold for $66,000. An Industry First For Crypto Art Christie’s … While Nifty Gateway propped the window ajar, people could rush in and buy as many NFTs as they pleased. He is taking great pleasure at this crypto-fueled reversal. NFT-artwork creator Beeple explains why digital art could be crypto's next frontier . He has also created visuals for singers Ariana Grande and Katy Perry. 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. Until last year, Beeple was selling art for as little as $100. Art. Courtesy Christie’s. Minted on 16 February 2021. Total Artwork Value: $25,962,630.01 (14,357.479 ETH) Total Artworks Sold: 837. 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’s Everydays – The First 5000 Days will be auctioned at Christie’s from 25 February to 11 March. It is possible to zoom in on the artwork and see the individual pictures. FILMS. 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. For a long time, Beeple felt dismissed by the art world. 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. It marks an important moment in merging art collecting and the digital world. Talking to Christie’s, Beeple said of his artwork, “I almost look at it now as though I’m a political cartoonist. BEEPLE. ” at a rate of $969 apiece.