Mike Winkelmann, a digital artist named Beeple, is not an illusion.
But when asked about non-fungible tokens (NFTs) on Coin Desk TV the day after his Everydays: The First 5,000 Days ticket collage sold for $69, Winklemann said, “I think it’s a bubble. If it’s not a bubble right now, it’s going to happen because a lot of people flock to this space someday.”
Furthermore, Beeple believes NFT will retain its power beyond the present “irrational abundance” moments.
Beeple pointed to the case beyond digital art and said that the potential for NFTs to be a very innovative technology is very great. “I have been an insider since October,” he says.
NFT has depreciated in recent months and Everydays is now enjoying some of the most expensive art pieces in the world. The most expensive painting ever sold was Leonardo da Vinci, which sold for $450.3 million in 2017.
Beeple revealed to Coin Desk that buyers of their products will be announced soon and that they are working with buyers to find a way to demonstrate NFTs in the real world. He mentioned options such as posting it on a big screen in a public place, making a large print on the buyer’s house, or projecting it onto an Art Basel building.
Beeple said on Friday that the sale was made through Ethereum’s blockchain national currency, Ether.
“I’ll probably keep some of this in the air,” he said. “I’ve never thought about it honestly.”
Beeple said he plans to invest the best sales ever to create more significant, cooler art projects that require more time and resources. Everydays is a mosaic of jobs published every day since 2007.
Christie’s revealed buyers of sold-out NFT records on Thursday.
MetaKowan, the founder of Metapurse (NFT) fund, is the proud owner of the NFT Beeple, auctioned Friday at Christie’s for $69.3 million.
Christie’s confirmed that MetaKovan paid Ether to Beeples Everydays and beat Tron founder Justin Sun at the last minute. The final selling price is 42,329,453 ETH. Beeple appeared on CoinDesk TV earlier Friday and said, “I’ll keep some of my income in the air.”
Auktionshuset said its website has garnered around 22 million visitors in the last seconds of the most expensive NFT bid ever sold.
Little is known about the MetaKovan nickname except for a relationship with the world’s largest fund, the Metapurse NFT. Metapurse already owns part of Beeple and has accumulated these during the B20 token sales to the general public.