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Critically acclaimed NFT artist’s blockchain-backed digital art auction raises $3.5 million

Digital art supported by blockchain continues to flourish, and this week, an artist who calls himself “Beeple” raised $3.5 million in the latest non-fungible token (NFT) art collection auction. The “Everydays” series auction will auction 21 original Beeple single works, 100 works series and 3 open version variants in 21 minutes.

In the first week of November, reported an election artwork supported by blockchain, priced at $66,666. After the formal decision of the American Electoral College, the animation work has also changed. That artwork was created by Mike Winkelmann, also known as “Beeple”, and his collection of non-fungible tokens (NFT) is very popular.

This week, Beeple raised $3.5 million in an NFT auction, which sold his artwork known as the “Everydays” collection.

One of Beeple’s works was successfully auctioned $ 777,777 According to NFT online auction house Nifty Gateway, there is only one second left to bid. After that sale and all the artworks were sold, Nifty Gateway’s official Twitter account posted a tweet about the landmark auction that had collected more than 3.5 million US dollars in Ether.

“That’s all she wrote,” Nifty Gateway Tweet. “The auction ended at the last minute with an absurd final offer of $777,777. This allowed the total sales of the main market of the Beeple Collection to exceed $3,500,000+,” the Twitter account added.

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

Winkelmann or Beeple worked at Louis Vuitton, Nike and Katy Perry and Justin Bieber before entering NFT field. According to his website, the “Everydays” series is a work he has been doing since 2002.

“These pictures are done from beginning to end every day,” Beeple’s web portal details. “The purpose of this project is to help me do better in different areas. By posting the results online, even though I still suck my ass most of the time, I am “unlikely” to lose a lot of ass.” The artist added. .

Some of the most valuable works sold on Nifty Gateway last weekend, themes include “Star Wars”, Tom Hanks and the Coronavirus, and a work called “Mario 2020”. Beeple has now joined the ranks of NFT artists who have created a large amount of Ethereum (ETH) for their art.

For example, a collector bought an NFT work called “Forever Rose” for a million dollars. In addition, a piece of NFT artwork from Robert Alice’s art project is called “21st Block (42.36433°N, -71.26189°E)” (from “Portrait”), which was launched in October Auction house Christie’s auction house auction.

Many other artists have flocked from the traditional art field to the art world supported by blockchain. The famous manga illustrator Jose Delbo has been selling NFTs, and the popular 4K digital video artist Terry Flaxton has also joined the movement. Scottish NFT artist Trevor Jones paid $55,000 (“Picasso’s Bull”) and $111,000 (“Genesis“)., a portal that measures the history and statistics of the NFT market, shows that to date, there have been 5,094,912 NFT sales, valued at more than $146 million. As of December 15, 2020, the average price of NFT sales totaling $146 million was $28.84 per NFT. The 2020 “Everydays” series hosted by Beeple at Nifty Gateway can be viewed here.

What do you think of the $3.5 million raised by Beeple through the sale of the “Everydays” NFT series? Let us know your thoughts on this topic in the comments section below.

Tags in this story

Auction House, Beeple, Blockchain Art, Blockchain Supported Art, Christie’s, Crypto, Cryptocurrency, Digital Assets, ETH, Ethereum, Ethereum, Jose Delbo, Mike Winkelman, nft, NFT auction, Nifty Gateway, Terry Flaxton, Trevor Jones

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

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