Mike Winkelmann, the digital artist known as Beeple, sold an NFT of his work for $69M, through a first-of-its-kind auction at Christie's
what?! This story just keeps getting better and better 😂 https://www.coindesk.com/... Christopher Inks / @txwestcapital : I understand the market but still can't help but feel like the spending of such an exorbitant amount of money on something that doesn't “exist” physically may be the ultimate example of excess. https://twitter.com/... Sven Henrich / @northmantrader : The Fed buys anything these days. https://twitter.com/... Geoffrey Miller / @primalpoly : You may or may not like this particular art work. But Non-Fungible Tokens (NFTs) secured on blockchains could do more to help millions of artists make a decent living than the ‘contemporary art gallery’ system ever did. https://twitter.com/... Jauz / @jauzofficial : If NFT's are a fad or don't have real intrinsic value, then please explain how the worlds #1 fine art auction house just curated the sale of almost $70 million worth of digital art as an NFT from our generations Picasso. I'll be waiting https://twitter.com/... Ben Carlson / @awealthofcs : My biggest takeaway from the NFT boom: Rich ppl have a sh*tload of money and they are going to invest it in anything they can get their hands on Wealth inequality might be the most important investment factor of this century https://twitter.com/... Monica / @notwaldorf : This to me is NOT a victory for artists. When you get picked up by Christie's, you're already the 1%. You've won the art market game. The fact this is an NFT is just another way the art industrial complex is marketing scarcity. These aren't the artists NFTs are “supposed” to help https://twitter.com/... Duncan Jones / @manmademoon : The digi-vultures are gonna feast well on that corpse. https://twitter.com/... Tom / @tomschuiz : 13 years of hard work $69,000,000 for an NFT People will now call him an overnight success. Congrats @beeple 🎉 https://twitter.com/... Tony Dokoupil / @tonydokoupil : Virtual artist reacts to people paying $70,000,000 real dollars for his digital work. https://twitter.com/... Alex Adelman / @alexadelman : TFW you work for 13+ years on something and make $69M https://twitter.com/... Katy Tur / @katyturnbc : I'd say so. https://twitter.com/... Parker / @pt : I would like to know who actually owns the IP here. Was this art actually sold? Does the buyer get the uncompressed originals? Can they license this IP to others? Was it an exclusive license, or is this just a $69M (nice) license to copy 1 of N? https://twitter.com/... Laura Shin / @laurashin : What I suspected — the bidders on Everydays: The First 5,000 Days were people with magic internet money, not typical art collectors. (See screenshot below) https://www.bloomberg.com/... Mike Butcher / @mikebutcher : BRB, just off to Google “NFTs and money laundering” https://www.cnbc.com/... Meg Graham / @megancgraham : I was gonna make a joke about how brands are gonna get in on NFTs then saw Taco Bell is already selling taco GIFs on Rarible so https://www.cnbc.com/... Mark Johnson / @philosophygeek : Trying to decide whether it's crazier that this is considered great art or that you could own a few Dalis for $69m. https://twitter.com/... Joe Greer / @ioegreer : i've got some jpg files yo https://www.nytimes.com/... @icebergy_ : Ha I just right clicked and saved that $69M Beeple https://twitter.com/... Kanyi Maqubela / @km : Watershed moment. https://twitter.com/... Sriram Krishnan / @sriramk : A little sample of how amazing his story is via @3LAU https://twitter.com/... Tom Warren / @tomwarren : $69 million on a JPEG nice https://twitter.com/... @doorhinge9 : NFT stands for Never Fucking Tell me what an NFT is I don't care @chillmage : every day I wake up and find a new way to realize I'm in the wrong business https://twitter.com/... Hayato Huseman / @hayatohuseman : nice fungible token https://twitter.com/... Dom / @dban_ : NFT's really escalated quickly, bloody hell https://twitter.com/... Neeraj K. Agrawal / @neerajka : the new owner of the $69,346,250 beeple nft, admiring his prize https://twitter.com/... @apompliano : A few weeks ago I told @beeple that his NFT was going to go for over $50 million at the Christie's auction. He laughed at me. Beeple's NFT just sold for $60.25 million. Now I'm laughing because I'm so happy for my friend. Congrats @beeple! Artem Russakovskii / @artemr : I love that artists are getting paid, but this is damn nonsense. https://twitter.com/... Joe Pompliano / @joepompliano : This piece of digital art just sold for $60.25 million. It was at $25M with 1 minute left in the auction. I'm starting to think 2021 might somehow be crazier than 2020. Congrats @beeple 👏 https://twitter.com/... @pierskicks : Beeple Christie's auction already in the Top 10 auction sales for a living artist ever. PAMP IT. https://twitter.com/...