The artist’s painting Beeple was sold in the form of an NFT token for $69.3 million

The artist's painting Beeple was sold in the form of an NFT token for $69.3 million

British auction house Christie’s held the first auction with a lot in the form of an NFT-a digital painting by the artist Beeple was sold for a record $69.3 million.

The work titled “Everyday Life: the first 5,000 days” is a collage of 5,000 paintings created daily by an illustrator from the US state of Wisconsin under the pseudonym Beeple. The initial price of the lot was $100, but over the next half hour, the price rose to $15 million, and at the last minute, $69.3 million was offered for the picture.

This amount was a record not only for the NFT industry, but also for the entire field of art. Beeple’s work was the third most expensive painting by a living artist sold at auction. Only a painting by David Hockney (David Hockney) in 2018 and a sculpture by Jeff Koons (Jeff Koons) in 2019 were sold more expensive. Collector from Miami, Pablo Rodriguez – Fraile (Pablo Rodriguez-Fraile) noted:

“What an amazing moment! I think this is a clear confirmation that digital art is no less important than traditional art, and Beeple is its clear leader and symbol.”

Interestingly, the founder of Tron, Justin Sun, also participated in the auction and, as Tron’s head of business and development, Roy Liu, later reported, Sun’s bid was interrupted just at the last moment. While the name of the participant who won the auction is unknown.

“NFT is the real revolution of our generation. Both Justin and the Tron Foundation are fascinated by this technology and will support the development of the NFT ecosystem, ” Liu said.

In the first months of 2021, more than $400 million worth of transactions were made in the NFT sector. This is already significantly more than in the whole of 2020, when the volume of transactions with collectible tokens amounted to $250 million.