Blockchain-backed digital art continues to make waves, and this week an artist who calls himself ‘Beeple’ raised $ 3.5 million at his latest non-replaceable token (NFT) art collection auction. The “Everydays” collection auction included 21 original Beeple units with a single edition, a series of 100 units and three variations in open editions that sold in five minutes.

During the first week of November, reported on a blockchain-backed election art that sold for $ 66,666, and the animated piece changes after the official decision of the US Electoral College. That artwork was created by Mike Winkelmann, also known as ‘Beeple’, and his non-replaceable token (NFT) art collections are extremely popular.

This week, Beeple raised a whopping $ 3.5 million in an NFT auction that sold its art collection, the “Everydays” collection.

One of Beeple’s pieces was put up for auction $ 777,777 for the art and the bid was submitted with just a second left to save, according to NFT online auction house Nifty Gateway. After that sale, and all the art was sold, Nifty Gateway’s official Twitter account tweeted about the milestone auctions that amassed more than $ 3.5 million in ether.

“And that’s all she wrote,” Nifty Gateway tweeted. The auction ends on a ridiculous bid of $ 777,777 at the last second. This brings total primary market sales of Beeple’s collection to more than $ 3,500,000 +, ”added the Twitter account.

The acclaimed NFT artist's blockchain-backed digital art auction raises $ 3.5 million

Winkelmann, or Beeple, previously worked for well-known companies like Louis Vuitton, Nike and celebrities like Katy Perry and Justin Bieber before jumping into the NFT space. According to his website, the “Everydays” collection is something he’s been working on since 2002.

“These photos are taken from start to finish every day,” Beeple says web portal details. “The goal of this project is to help me get better at different things. By posting the results online, I have ‘less’ chance of throwing a big pile of ass down, even though I usually still do because I’m doing a blowjob, ”added the artist.

Some of the most valuable pieces sold on Nifty Gateway this past weekend include topics like Star Wars, Tom Hanks versus the coronavirus, and one called “Mario 2020”. Beeple now joins the NFT artists who have collected large sums of ethereum (ETH) for their art.

The NFT piece is mentioned for example Forever Rose was bought by collectors for $ 1 million. Also a piece of NFT art from the Robert Alice art project called “Block 21 (42.36433 ° N, -71.26189 ° E) (from Portraits of a Mind) ”sold at the leading auction house Christie’s in October.

Many other artists have moved en masse from the traditional art space to the world of blockchain-backed art. The acclaimed comic illustrator Jose Delbo has been selling NFTs and popular 4K digital video artist Terry Flaxton has also joined the movement. A Scotland-based NFT artist, Trevor Jones, has sold work for $ 55,000 (“Picasso’s bull“) And $ 111,000 (“Genesis“) also.

The web portal, which measures the history and statistics of the NFT market, shows that there have been 5,094,912 NFT sales valued at more than $ 146 million to date. The average price over a total of $ 146 million in NFT sales is $ 28.84 per NFT on December 15, 2020. Beeple’s “Everydays” collection for 2020 hosted on Nifty Gateway can be viewed here.

How do you feel about Beeple raising $ 3.5 million by selling its “Everydays” NFT collection? Let us know what you think about this topic in the comments below.

Tags in this story

Auction house, Beeple, Blockchain Art, Blockchain-supported art, Christie’s, Crypto, Cryptocurrency, Digital assets, ETH, ether, Ethereum, Jose Delbo, Mike Winkelmann, nft, NFT auctions, Handy gateway, Terry Flaxton, Trevor Jones

Image Credits: Shutterstock, Pixabay, Wiki Commons, Beeple,

Disclaimer: This article is for informational purposes only. It is not a direct offer or invitation to an offer to buy or sell, or a recommendation or endorsement of products, services, or companies. does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Source link