Beeple NFT auction closes at record-setting $69.3M

Beeple NFT auction closes at record-setting $69.3M
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Digital artist Mike Winkelmann, also known as Beeple, has once again made NFT history after his latest piece, “Everydays: The First 5000 Days,” raised over $69 million on Christie’s auction house. 

Beeple's price tags keep him in the elite company of living artists. Only Jeff Koons and David Hockney have created more expensive works.

As previously reported by Cointelegraph, the "Everydays" images for the project include 5,000 original images created each day for almost 14 years. Only two other living artists, Jeff Koons and David Hockney, have created more expensive works.

As Cointelegraph previously reported, “Everydays” is comprised of 5,000 unique images produced each day for almost 14 years. The piece was struck exclusively for the auction house, highlighting once again its increasing popularity.

Interestingly, Beeple’s “Everydays” was the first digital art piece to be featured on Christie’s. According to Noah Davis, an expert in contemporary and post-war art at Christie’s, purchasing Beeple works represent a rare opportunity to own an entry within the blockchain created by the world’s leading digital artists. In October 2020, Christie’s also sold a Bitcoin-themed art piece and NFT for $131,250.

Noah Davis, an expert in post-war and contemporary art at Christie’s, said at the time:

“Acquiring Beeple’s work is a unique opportunity to own an entry in the blockchain itself created by one of the world’s leading digital artists.”

As evidenced by the popularity of NBA Top Shot, the sports industry has been the biggest early adopter of NFTs. This is . The sports industry has been one of the biggest early adopters of NFTs, as evidenced by the surging popularity of NBA Top Shot.