Major auction house Christie’s is selling a piece of digital art by Beeple. The move comes as part of a partnership with NFT marketplace MakersPlace.
Christie’s is running an auction for Beeple’s digital art piece “Everydays — The First 5000 Days”.
Christie’s Readying Beeple NFT
Christie’s, one of the world’s most famous auction houses, is preparing to sell an NFT by Beeple.
The 250-year-old institution has teamed up with NFT marketplace MakersPlace to sell the artwork. Bidding will run from Feb. 25 through March 11. The piece is called “Everydays — The First 5000 Days”, and it features images from the first 5,000 days of Beeple’s “Everydays” project.
Beeple, real name Mike Winkelmann, is a popular digital artist who has recently made huge waves in the NFT world. In December, he raised a record-breaking $3.5 million from his “Everydays” 2020 drop.
Winkelmann has been working on “Everydays” for 5,040 consecutive days. The project sees him producing a new piece from start to finish each day.
NFTs enable artists to tokenized their work on Ethereum. Despite being a relatively nascent technology, the space has boomed over recent months.
Though Christie’s is typically associated with traditional art, selling iconic pieces like Leonardo da Vinci’s $450 million masterpiece Salvator Mundi in 2017, recently it’s embraced blockchain. In October of last year, the auction house sold the Satoshi Nakamoto-themed “Portraits of a Mind” collection by Benjamin Gentilli, also known as Robert Alice. One piece and its accompanying NFT called “Block 21” fetched $131,250, a record at the time.
Disclosure: At the time of writing, the author of this feature owned ETH, among a number of other cryptocurrencies.
