10/11/2021 NFT Artist Beeple Sells Latest Work for $29 Million at Auction

HUMAN ONE is a physical sculpture that comes with an NFT.

It's not quite $69 million. But, hey, $29 million isn't too shabby.

Beeple, the digital artist whose tokenized artwork "EVERYDAYS: THE FIRST 500 DAYs" sold for a record $69.3 million at a Christie's auction this March, has followed it up with a $28.9 million sale today of a hybrid physical and digital work. It's the second-largest sum paid for an NFT—or, at least, a piece of art accompanied by a "dynamic" NFT.

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HUMAN ONE is a 3D moving sculpture depicting a person in a spacesuit moving through a variety of climates. Christie's, which expected the piece to fetch about $15 million (or its equivalent inBitcoinorEthereum), brought the hammer down at $25 million. The auction house netted $3.9 million on top of that for the buyer's premium. Ryan Zurrer, former venture partner at Olaf Carlson-Wee's Polychain Capital, claimed thewinning bid.

HUMAN ONE is the first physical piece of art from Michael Winkelmann, otherwise known as Beeple. The accompanying digital piece is connected to a deed of ownership issued on the Ethereumblockchain.

Beeple's "EVERYDAYS" holds the record for the most-expensive NFT ever sold and helped propel non-fungible tokens out of the dusty corners of crypto and into mainstream conversation. Athletes and artists are keeping busy cashing in on the trend. For example,CryptoPunks, a collection of 10,000 pixelated characters, regularly sell for millions online, whileBored Ape Yacht ClubNFTs—which look just how they sound—have claimed large sums at Christie's competitor Sotheby's.

NFTs originated on the Ethereum blockchain and were first popularized byCryptoKitties, collectibles that allowed people to spend ETH on breeding unique animated cats. The tokens have since become a key component in rival blockchains' expansions strategies, showing up onSolana,Tezos, and the Flow Blockchain.

Trading volume for the digital tokens extended past $10 billion in the third quarter, a year-over-year increase of 38,000%.

Arts

https://decrypt.co/85704/nft-artist-beeple-sells-latest-work-29-million-auction

Interesting NFTs
G2 Selk Gold (Grim Offspring)
Hi-ya! I'm G2 Selk Gold (Grim Offspring). I'm a professional Aerobics Athlete and I love apple pie. In my free time, I can usually be found stinky or swiping right. In time you'll learn how purrfect I am.
taNNa
conceptual art. drawing and digitally processed.
CryptoPunk #5217
The CryptoPunks are 10,000 uniquely generated characters. No two are exactly alike, and each one of them can be officially owned by a single person on the Ethereum blockchain. Originally, they could be claimed for free by anybody with an Ethereum wallet, but all 10,000 were quickly claimed. Now they must be purchased from someone via the marketplace that's also embedded in the blockchain.
Lake Suwa in Shinano Province, from the series Thirty-six Views of Mt. Fuji
Katsushika Hokusai (1760-1849) Lake Suwa in Shinano Province, from the series Thirty-six Views of Mt. Fuji 1831 - Japan
Genesis
José Delbo sent me his striking pencil sketch and powerful inked work, which I then interpreted in oil on canvas. I wanted to create a very painterly piece with obvious brush marks etc, but I was also aiming for a nostalgic feel, a kind of 1980’s superhero comic book look, the kind I grew up with. My goal with this animation was to try to recreate, in part, the creative process that both artists went through with the visual information I had. I was able to showcase my painting process more accurately as I could take photographs of my progress throughout. Consecutive images could then be layered like brush strokes over José’s drawing to create the impression that this was one continuous artwork from pencil, to ink, to completed painting. The representation of the line sketch at the beginning, then pencil/ink and lastly the paint layers being applied demonstrate both artists’ struggle for the right lines, tone, form, and colour until the work is finally completed. As the oil was still wet with each photograph the glare of my studio lights can be seen in the brush strokes. Eventually, the figure emerges and as it does, our hero comes to life, looking directly at the viewer -- but is he grimacing in approval or disgust? We will never know for sure as just before he can say anything, white paint is brushed across the canvas entirely and the process begins again. Only the bat is quick enough to escape.