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Christie’s Pioneers First Major Digital Art Auction With Beeple NFT | Crypto Briefing

source-logo  cryptobriefing.com 16 February 2021 12:55, UTC
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Christie’s is running an auction for Beeple’s digital art piece “Everydays — The First 5000 Days”.

Christie’s Readying Beeple $NFT 

Christie’s, one of the world’s most famous auction houses, is preparing to sell an $NFT by Beeple. 

Christie's is proud to offer "Everydays – The First 5000 Days" by @beeple as the first purely digital work of art ever offered by a major auction house. Bidding will be open from Feb 25-Mar 11.

Learn more here https://t.co/srx95HCE0o | $NFT issued in partnership w/ @makersplaceco pic.twitter.com/zymq2DSjy7

— Christie's (@ChristiesInc) February 16, 2021

The 250-year-old institution has teamed up with $NFT marketplace MakersPlace to sell a piece of digital art by Beeple. Bidding on the artwork will run from Feb. 25 through March 11. The piece is called “Everydays — The First 5000 Days”, and it features images from the first 5,000 days of Beeple’s “Everydays” project. 

Beeple, real name Mike Winkelmann, is a popular digital artist who has recently made huge waves in the $NFT world. In December, he raised a record-breaking $3.5 million from his “Everydays” 2020 drop. 

Winkelmann has been working on “Everydays” for 5,040 consecutive days. The project sees him producing a new piece from start to finish each day. 

NFTs enable artists to tokenized their work on Ethereum. Despite being a relatively nascent technology, the space has boomed over recent months.

Though Christie’s is typically associated with traditional art, selling iconic pieces like Leonardo da Vinci’s $450 million masterpiece Salvator Mundi in 2017, recently it’s embraced blockchain. In October of last year, the auction house sold the Satoshi Nakamoto-themed “Portraits of a Mind” collection by Benjamin Gentilli, also known as Robert Alice. One piece and its accompanying $NFT called “Block 21” fetched $131,250, a record at the time. 

Disclosure: At the time of writing, the author of this feature owned ETH, among a number of other cryptocurrencies. 

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