Who Is Beeple? Story Behind World’s Most Expensive Digital Art & Non-Fungible Token(NFT)

Non-Fungible Tokens (NFTs) are currently the rage of the crypto town with the latest digital artwork called “Everyday’s — The First 5000 Days” made by Mike Winkelmann popularly known as Beeple, was sold for a whopping $69 million. The artwork is a collage of all the images that Beeple has been posting online each day since 2007.
Christie’s is a 255-year old auction house popular for artwork auctions and this NFT artwork sale was their first pure digital sale and the auction house has also offered to accept payment in Ethereum. The bidding round started with a base price of $100 and rose to $30 million before an extension of 2 minutes that led to the final bid of $69 million.
The collaged JPG was converted to a “nonfungible token,” or NFT in February this year and was later auctioned by Christie’s.
The auction house deemed the artwork as “a unique work in the history of digital art,” The artist, who has collaborated with Louis Vuitton and pop stars like Justin Bieber and Katy Perry, uses software to create an irreverent visual commentary on 21st-century life.
Who is Beeple?
Mike Winkelmann aka Beeple is a graphic designer from Charleston, South Carolina, who does a variety of digital artwork including short films, Creative Commons VJ loops, everydays, and VR/AR work.
NFTs have been there in the crypto world for a couple of years now, however, the recent mainstream attention and use of the NFTs by sports clubs as a form of fan token has prompted …
Story continues on CoinGape

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