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Beeple NFT to Be Auctioned by Christie's
Christie's is partnering with digital marketplace MakersPlace to auction the work of a renowned crypto artist.
Christie's is getting in on nonfungible tokens (NFTs).
STORY CONTINUES BELOW
- The 255-year-old auction house is partnering with digital marketplace MakersPlace to sell works from Mike "Beeple" Winkelmann, a digital artist who made $3.5 million in NFT auctions late last year.
- NFTs enable collectors and artists to guarantee the provenance of artwork, verifying its authenticity and ownership securely on the blockchain.
- The Beeple work being auctioned by Christie's is a collage of the thousands of pieces of art he has posted online since 2007.
- "EVERYDAYS: THE FIRST 5000 DAYS" will be delivered directly to the buyer with a unique NFT encrypted with Beeple's signature.
- The work will be auctioned in a standalone lot online for two weeks from Feb. 25 and is the first entirely digital artwork to be offered by a traditional auction house.
Read more: NFT Art Sales Reached All-Time High of $8.2M in December
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
