Beeple NFT auction closes at record-setting $69.3M
The auction for “Everydays: The First 5000 Days” closed at a realized price of $69,346,250. Digital artist Mike Winkelmann, also known as Beeple, has once again made NFT history after his latest piece, “Everydays: The First 5000 Days,” raised over $69 million on Christie’s auction house. “Everydays” was minted on Feb. 16 and put up for auction on Feb. 25 at a starting price of $100. The auction closed on Thursday.The final price tag puts Beeple in elite company as far as living artists go. Only two other living artists, Jeff Koons and David Hockney, have created more expensive works. As....
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Users thought they were signing up for an affordable NFT drop by the famed artist, timed to coincide with his second Christie's auction. An admin account for Beeple’s official Discord group was compromised overnight resulting in a fake NFT drop that saw users lose an estimated 38 ETH. An admin from Beeple's Discord named "Multi" confirmed to the group on Nov. 10 that their account had been compromised despite having 2FA. The perpetrator went on to impersonate Multi and the Beeple Announcements Bot to promote a fake NFT drop from Beeple on Nifty Gateway.The incident is the latest in a long....
Only weeks ago, it seemed impossible for the digital art market to cool off. Throughout February, the non-fungible token (NFT) craze was in full spotlight, with the mania reaching its peak with the record setting $69 million Beeple auction. At its height, even Tesla’s CEO Elon Musk tweeted about selling his NFT. But as the novelty began to wear off and speculators moved on, the NFT market has been in a continuous downtrend. Sales figures […]
Blockchain-backed digital art is continuing to make waves and this week an artist who calls himself ‘Beeple’ raised $3.5 million during his latest non-fungible token (NFT) art collection auction. The “Everydays” collection auction included 21 original single edition Beeple pieces, a 100 piece series, and three open edition variations sold in five-minutes. During the first week of November, news.Bitcoin.com reported on a piece of blockchain-backed election art that sold for $66,666, and the animated piece changes after the official U.S. Electoral College decision.....
A final-second bid saw a digital artwork NFT sell for $777,777 on Nifty Gateway. Non-fungible token marketplace Nifty Gateway hosted an auction that saw a single NFT artwork sell for $777,777 after a last-second bid doubled the price.On Dec. 14, Nifty tweeted that the “savage” bid of $777,777 had been entered with only a single second left to go in the auction. The artwork was the last to be sold from “The Complete MF Collection” that was auctioned that day, with the token featuring each of the collection’s 20 individual digital artworks in a single NFT.The artworks were inspired by....
“I think it's just going to be seen as the digital art revolution. I truly believe this is the start of the next chapter in art history.” At the age of 26, Wisconsin web designer Michael Winkelmann began creating a new piece of digital art in his personal time every single day. He calls them Everydays.I saw a pretty big step-up in the work that I do, he says. “The Everydays are basically just the pictures that I do every single day, and I’ve been doing those for over 5,000 days now.Thirteen years later Beeple, as hes better known, has been commissioned by huge acts like Justin Bieber and....