Beeple sells artwork for $ 69 million through NFT
Beeple sells artwork for $ 69 million through NFT

According to Christy, digital artist (Mike Winckelmann, better known as Beppel) sold his work "Everyday: The First 5000 Days" for $ 69 million, making him one of the top three artists.

The record-breaking NFT deal came after months of value-added auctions, and Beeple sold its first NFT store in October for $ 66,666 apiece.

He sold a number of works for $ 3.5 million last December, and last month one of his works, which he originally sold for $ 66,666, was resold for $ 6.6 million.

There are a few factors that explain the importance of Beeple's work as it has built a huge fan base and attracted around 2.5 million followers on social media.

As part of a project called Everyday, Winckelmann creates and publishes new digital art every day and enters its 14th year of existence. Winckelmann creates and publishes new digital works every day.

Meanwhile, the NFT bubble burst last month, and it is now seen as a vehicle for acquiring and trading digital art in the future.

For collectors, the price increase is much less than the NFT when the rest of the world realizes its value.

Christie's auction house is also a legitimate force in Winkelman's NFT art and technology. This 255-year-old auction house has sold some of the most famous paintings in history, from Shakespeare's only portrait to Shakespeare's most recent discoveries. Leonardo da Vinci.

The sold work is a collage of 5,000 images that Winckelmann produced as part of the project.

Additionally, the auction winner only has digital files and some unclear rights to view the photos.

However, Winckelmann hopes to work with buyers to find different ways to actually display this work, be it on home television or on screen.

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