NFT Artist Beeple’s First Physical Piece Could Fetch $15 Million At Auction

NFT Artist Beeple’s First Physical Piece Could Fetch $15 Million At Auction

Nft Artist Beeple, Nfts

10/28/2021 6:10:00 PM

NFT Artist Beeple’s First Physical Piece Could Fetch $15 Million At Auction

I am a Texas native covering breaking news out of New York City. Previously, I was an editorial assistant at the Forbes London bureau.

of a person in an astronaut-like suit walking through extraterrestrial, science fiction-esque backdrops as the column rotates to show viewers different angles.Beeple, whose real name is Mike Winkelmann, said in a statement he will tweak details in the video’s background multiple times a day using blockchain, and plans to continue updating the footage throughout his lifetime “in response to current events,” auction house Christie’s said.

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While the sculpture is Winklemann’s first physical work of art, the sale will include a corresponding NFT.“HUMAN ONE” will be auctioned off at Christie’s landmarkon Nov. 9, alongside pieces by art world stars like Jean-Michel Basquiat, Banksy and Damien Hirst.

The package is estimated to sell for about $15 million, a drop from the $69.3 million “Everydays: The First 5,000 Days” fetched in March.Christie’s said it will accept cryptocurrencies bitcoin and ethereum for the sale, along with the traditional U.S. dollar.

Key BackgroundWhen “Everydays: The First 5,000 Days” sold earlier this year, it made Winklemann the third most valuable artist alive, following David Hockney and Jeff Koons. Hockney has criticized NFTs and the rush to buy them, calling the digital art pieces “

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