The NFT market, which has lost much of its former appeal, recently witnessed a shocking sell-off that left everyone stunned. In this content, we will explore the story of the artist who earned $69 million from a single NFT sale.
Mike Winkelmann, known as Beeple in the online world, ventured into the magical realm of digital art after studying computer science at Purdue University. His project “Everydays,” which he began in 2007, would eventually make him a millionaire.
As part of the “Everday’s” project, he was creating a new piece of digital art every day!
Beeple began this project in 2007, creating a new digital illustration, animation, or short video every day. Over the years, he produced thousands of works, sometimes mocking politics and other times referencing technological dystopias.
These extraordinary creations garnered significant attention, turning Beeple into a phenomenon over time.
For this project, Beeple continued to produce a new digital artwork every day for approximately 5,000 days, culminating in the piece that eventually sold for $69 million.
This work was called “Everydays: The First 5000 Days”!
Titled “Everydays: The First 5000 Days,” this NFT was a collage of 5,000 artworks from the “Everydays” series.
By combining all the works he had created since 2007 into a single piece, Beeple’s years of effort came together in one NFT.
In 2021, this NFT was sold for $69 million by Christie’s, a prestigious auction house that holds hundreds of auctions across 80 different categories each year.
This sale not only made Beeple an icon in the digital art world but also marked the beginning of a new era in art and investment, significantly boosting the popularity of NFTs at the time.
You may also like this content
- What Are NFT Marketplaces and How to Trade Them
- What Are the Risks of NFTs?
- How is NFT Produced? A Guide to Creating Your Own
Follow us on TWITTER (X) and be instantly informed about the latest developments…
