First NFT artwork at auction sells for staggering $69 million
The first virtual Non-Fungible Token (NFT) artwork to be sold at a major auction house closed at $69,346,250 during an online auction by Christie's on Thursday.
The record-breaking sale of "Everydays: The First 5000 Days" catapults the creator, Mike Winkelmann, who goes by Beeple, near the summit of the most expensive living artists to date, placing him just below David Hockney and Jeff Koons. Hockney's painting "Portrait of an Artist (Pool with Two Figures)" sold for $90.3 million in 2018, while Koons' stainless steel sculpture "Rabbit" topped the list at $91.1 million in 2019.
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