Unique NFT, Beeple's work sets records at Christie's

In February EST, Christie's will become the first major auction house to offer purely digital art. Bipple's "Every Day: The First 5000 Days" A unique NFT (Irreplaceable Token) consisting of 5000 individual images created daily between 2007 and 2021 and posted on the artist's NFT, prior to that Beeple’s creations are only available through so-called “drops,” marketplaces powered by blockchains. There they made $3.5 million in one weekend.

In addition, the museum will also accept payment for works of art in digital currency — a coin called ether. (The buyer's premium, a series of fees attached to the principal, must be paid in U.S. dollars.) NFTs aren't new, they've been around for years, but Christie's upcoming auction has certainly pushed them into the mainstream, digital Creators are reaping huge benefits from the crypto collectible boom.

Mika Johnson, a former baseball player-turned-artist, sold his NFT artwork for $1 million in one minute. A unique NFT animation for "Nyan Cat", created by artist Chris Torres 10 years ago, the sale foundation provides the artist with a 10% secondary transaction. For those who love the smell of turpentine and a nice stretched canvas, NFTs are incredible, what exactly is NFT art? Here's our #1 question to Noah Davis One question, he is an expert on postwar and contemporary art at Christie's in New York, who is in charge of the sale. NFTs are "an exercise in abstraction," Davis admits. "The actual NFT-based artwork is just a code. It doesn't exist at all. It has no objectivity."

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