Beeple’s First Physical Art Sale Raises US $ 29 Million at Auction with NFT | Taiwan News

TAIPEI (Taiwan News) – American digital artist Beeple released his very first physical artwork titled “Human One” with his non-fungible token (NFT), earning US $ 29 million (NT $ 807 million) in of Christie’s 21st Century Art Evening Sale in New York on Tuesday (November 9).

Beeple’s NFT video of “Human One” earned him 6,103 ETH ($ 29 million), the second highest sale on the CryptoArt.Ai platform. The highest record remains intact for Beeple’s “Everydays: The First 5000 Days”, which sold for US $ 70 million earlier this year.

Collected by a Swiss-based auctioneer, “Human One” debuted in the Rockefeller Center auction house on October 30. According to the press release, more than 1,600 visitors came to the pre-sale exhibition and interacted with the artist. .

In an interview with Noah Davis, head of digital art at Christie’s, Beeple said the project came to his mind last summer when he was rolling a bunch of TVs around the studio. After he and his friends put them together in a unit, they realized that the screen setup was a powerful canvas.

According to the auction house, “Human One” includes four interconnected video screens that serve as walls and provide over 24 hours of dynamic visual information programmed to fit the viewer’s current experience, day or night. .

“The work offers a different framework to express things that really excite me,” said the artist.

Manifold Studio wrote the smart contract for the NFT, which contains virtual elements and is accessible through the Ethereum blockchain.

Prior to the sale, the bid price was expected to exceed US $ 15 million, but the final price nearly doubled when it reached US $ 29 million.

Beeple said the design of “Human One” allows the video in the physical object and the NFT to be edited remotely and seamlessly from the blockchain – allowing the message and the sense of the coin to continue. to evolve over the course of its life.

(Facebook, Beeple video)

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