How does it work? Within a weekend, his art grossed more than $3.5 million. Last week, he sold it for $6.6 million. This means that digital art for the first time can be subject to the forces that drive the art market: context and scarcity. Mike Winkelmann aka Beeple, a 39-year-old Wisconsin dad and illustrator, did not try to hide his shock and astonishment as his crypto-art titled 'Everyday: The First 5,000 Days' sold for a whopping $69.3 million at a Christie's auction. The results show that just 30 of the biggest artists’ drops in February released more … Although they were given out for free at first, one CryptoPunk sold last month for over $1 million. A digital collage by artist Beeple has been sold by the famous auction house Christie's for a staggering $69 million. That data is usually stored somewhere else, off-chain. Beeple is Mike Winkelmann, 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's art is released under a Creative Commons license, which allows others to download, use, and rework his original digital files. Artist Beeple’s work Crossroad, which features a former US president lying face down in a field, went for $6.6 million, making it the most expensive digital art ever sold. That methodology uses a mix of data about the crypto art site contracts and the energy use of Ethereum as a whole to make its estimates of the carbon footprint of individual crypto art pieces. The success of the recent $3.5M Beeple drop signifies the inevitable evolution of Crypto Art … Async Art: https://async.art/ Before there was Beeple, there was William Shatner. In December, Beeple’s collection “Everydays,” which included 21 single-edition pieces in the form of NFTs, sold for over $3.5 million on the Nifty Gateway marketplace, helping to propel crypto art into the mainstream since so many paid attention to its newly realized potential for the first time. Their auctions also generate a lot of social media attention which is also a contributing factor to their large sales numbers. Before there was Beeple, there was William Shatner.Last July, the “Star Trek” actor, singer and “TekWar” author created a series of trading cards featuring images from his career — a telegram from a producer, a photo from his first modeling shoot, an X-ray of his teeth — and listed them as unique di 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. Months later, in February 2021, that collector sold the piece for US$6.6 million . In theory, anyone can mint an NFT, but you’d need to write your own code. Less than six months ago, Beeple, whose real name is Mike Winkelmann, was unknown to the art world. He calls them […] Last July, the "Celebrity Expedition" star, vocalist and also "TekWar" Oh what's wrong. Last week, he sold it for $6.6 million. Beeple is an artist. Grimes, Beeple, Logan Paul, the creator of Nyan Cat, and many other artists and celebrities are making huge amounts of money selling the ownership of digital images. Beeple had embraced NFT artwork for months, making several million dollars off the artwork late last year before a slightly more mainstream embrace of the tech by the art … “I think it’s just going to be seen as the digital art revolution. His experience, like Beeple's, suggests that the tokens are empowering a new breed of artists and collectors rather than taking a slice of the existing art market. Hey free speech How you doing buddy Well not good. While the winning final bid for ‘EVERYDAYS: THE FIRST 5000 DAYS’ was $60.3 million, the “realized price,” which includes fees, totals $69.3 million, according to Christie’s. Crypto artist Beeple, real name Mike Winkelmann, has sold an NFT collection of digital artwork for $69.3 million at Christie’s auction house, breaking records in the digital art world. Everyone seems to hate me all of a sudden. Beeple is a graphic illustrator, animator and multimedia artist who has been creating a new piece of artwork every day ( “everydays,” as he calls them) for 11 years.. After the free, public-use VJ loops that he created went viral, he was asked to create concert visuals for top musicians such as Justin Bieber, Katy Perry and Eminem. A digital artwork by graphic designer Beeple has sold for nearly $70 million US at Christie's, in the first sale by a major auction house of a piece of art that does not exist in physical form. This is where Beeple did his $3.5M Art Drop and over the last 1-3 months Nifty Gateway has really been picking up wider interest. Prior To there was Beeple, there was William Shatner. The digital art was sold as an NFT - the latest tech craze which has boomed in popularity in recent weeks. The newly minted NFT usually doesn’t contain the graphic file or other data that make up an artwork. A piece of crypto art by graphic designer Beeple currently being auctioned by Christie’s had a high bid of US$8.3 million on March 9 Topic | Bitcoin E3B1C256-BFCB-4CEF-88A6-1DCCD7666635 But then, something unprecedented happened. Short answer, crypto art is digital art that is treated like physical art due to the ability to have verified ownership of the piece. Follow Beeple in this installment of The Creative Spark, as he creates his 2,090th Everyday and shares what he has learned over the years with this project. In October 2020, art collector Pablo Rodriguez-Fraile spent $67,000 on a 10-second video artwork that he could have watched for free online. And yet in December the first extensive auction of his art grossed $3.5 million in … Christie’s announced it was selling a … Another NFT by the artist Beeple (who is the leading contender to be the Warhol of the NFT era) sold for $6.6 million. Beeple has 1.8 million Instagram followers. Lifestyle NFT meaning: what is a non-fungible token, digital art crypto technology explained – and who is Beeple? Black Essential Workers Tell Biden What Surviving Coronavirus Pandemic Has Been Like Winkelmann, a digital artist known widely as “Beeple,” has amassed a million-plus followers with a 12-year-running commitment to producing and publishing a piece of art every single day. In July, the “Star Trek” actor, singer and “TekWar” author created a series of trading cards featuring images from his career — a telegram from a producer, a photo from his first modeling shoot, an X-ray of his teeth — and listed them as unique digital tokens for sale online — so-called NFTs. 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. If ever there was a doubt about the future of NFTs & Crypto Art, it is no more. In October 2020, Beeple reportedly sold a 10-second video clip to an art collector for US$67,000. Beeple’s first art “drop”—21 JPGs—happened in December. In October 2020, Miami-based art collector Pablo Rodriguez-Fraile spent almost $67,000 on a 10-second video artwork that he could have watched for free online. Generally, an artist uses a platform to “mint,” or create, an NFT. Oh don't be silly like I mean they kinda do a little bit. His work has been shown at two Super Bowl halftime shows and at least one Justin Bieber concert, but he has no gallery representation or foothold in the traditional art world. The first digital-only art auction by Christie's auction house has netted $69m (£50m) for the artist Beeple. Earlier than there was Beeple, there was William Shatner.Final July, the “Star Trek” actor, singer and “TekWar” creator created a sequence of buying and