---------- Post added 12-03-2021 at 03:00 ----------
Beeple sold an NFT for $69 million
Until October, the most Mike Winkelmann — the digital artist known as Beeple — had ever sold a print for was $100.
Today, an NFT of his work sold for $69 million at Christie’s. The sale positions him “among the top three most valuable living artists,” according to the auction house.
The record-smashing NFT sale comes after months of increasingly valuable auctions. In October, Winkelmann sold his first series of NFTs, with a pair going for $66,666.66 each. In December, he sold a series of works for $3.5 million total. And last month, one of the NFTs that originally sold for $66,666.66 was resold for $6.6 million.
The auction’s winner doesn’t get much: a digital file, mostly, plus some vague rights to present the image. But Winkelmann expects to work with the buyer to find various ways to display the piece physically, whether that’s on a TV in their house or projected onto “the side of a ****ing building” at Art Basel.
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