This was Beeple’s second multi-million dollar artwork sale in 2021 alone, his earlier artwork called “Crossroad,” a 10-second video NFT showing animated pedestrians was sold for $6.6 million on Nifty Gateway. While many outside the crypto space is still comprehending the idea behind spending millions of dollars on a JPG file, many crypto proponents point towards the equally absurd art world which draws millions from popular artist.įor those who say the NFT art market is irrational…may I introduce you to the art market? NFTs have been there in the crypto world for a couple of years now, however, the recent mainstream attention and use of the NFTs by sports clubs as a form of fan token has prompted celebrities and artists to follow the same suit. Mike Winkelmann aka Beeple is a graphic designer from Charleston, South Carolina, who does a variety of digital artwork including short films, Creative Commons VJ loops, everydays, and VR/AR work.
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The auction house deemed the artwork as “a unique work in the history of digital art,” The artist, who has collaborated with Louis Vuitton and pop stars like Justin Bieber and Katy Perry, uses software to create an irreverent visual commentary on 21st-century life. Top 10 Web3 Games To Explore In 2023 Here List Must Read
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