Digital artwork sold for $ 69.3 million at Christie’s

The virtual work of the American Beeple, still unknown to the general public, has soared for a sum never reached. “We are witnessing the beginning of a new chapter in the history of art,” commented the artist who becomes the third most expensive living artist in the world.

“Considered sold !” for … $ 69.3 million! The original of the digital artwork The First 5000 Days by the American crypto artist Beeple flew off at the first auction of its kind organized by the famous Christie’s house. This original only exists in the form of a “NFT” (for “non fungible token”In English), a digital collector’s item whose authenticity and rarity – as well as related ownership and exchange of value – are made possible by blockchain technology.

«We are in uncharted territory“, Explained Noah Davis, contemporary art expert at Christie’s, at the start of the online sale which lasted two weeks. The work was then at 2.4 million dollars, a few hours after its starting price at 100 dollars. The end result exceeded all expectations, starting with those of the artist himself who tweeted “holy fuck“. At 39 years old, Beeple (Mike Winkelmann of his real name) is among the three most expensive artists in the world during their lifetime, all media combined. At the end of February, another of his works had sold for $ 6.6 million on a platform specializing in virtual works.

The bar is therefore set very high in this new segment of the art market, which has hitherto been confidential. More broadly, digital collectors’ items have been enjoying tremendous success for several months with a new generation of investors and enthusiasts.

SEE ALSO – Record sale of $ 69.3 million for digital artwork by artist Beeple