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.

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
Cuddles
Shalom! I'm Cuddles. I've never told anyone this, but I once clawed a dog. I once got in a fight with a platypus, and won. Maybe you and I can be partners in crime.
#93251
By OthersideDeployer
CryptoPunk #3011
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.
ˈSÄ-V(Ə-)RƏN-TĒ
"I'm not smart enough to be an astronaut." That is what 7 year old Rayden told Micah the first time they met. How can a 7-year-old already feel limitations on his dreams? For centuries, the black community has been the target of a system designed to limit their power, their earning potential, their dreams. Now is your opportunity to help destroy the system. For the next 11 years, on each brother's birthday, (Rayden, Aug. 10/ Jacque Nov. 6), you the viewer, will be able to directly contribute Bitcoin to a wallet that will be given to each child upon turning 18. In what is one of the most powerful use cases for Bitcoin, 100% of your contributions and earnings will open all new doors for these special young men.
Fuku-Shiva
The term “Fuku” refers to fortune or good luck. “Shiva” refers to the Hindu deity who represents strongly polar qualities, both severe and delicate. On a beach inspired by adventures on Phi Phi island in Thailand, three youths cavort. Two are representational figures and the third is psychologically rendered. A dynamic relationship ensues between the triad; a reciprocity of active and passive states. The boy on the right engages in maneuvers of evasion, defense, and is dressed in a speedo which reiterates the colors and symbolism of the caution tape on the left and upper right frame of the composition. In concurrent reaction the psychedelic figure shoots out a rocket powered paper airplane. The nude boy seated in the froth and sand approaches in passive repose, and is met with active attention but equal physical reserve by the psychedelic being. Perhaps the most naked figure is also the least representational. Looming large, dynamic, and active, it engages its companions playfully. Various symbols interject into the otherwise naturalistic scene, most notably a beach ball and two contaminated barrels nested in the sand. The upright barrel reads “FukuShima” in Kanji. The barrel laying down reads “Dharma”. To the left the scene is bounded by caution tape, reiterating the danger of the nuclear waste while also hosting alien archetypes, whose presence, as is the nature of these entities, runs up and just behind the consciousness of the psychedelic figure’s eggshell-like skull.