Beeple Sells NFT and Physical Sculpture for $29M
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Beeple Sells NFT and Physical Sculpture for $29M

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7 months ago

Back in March, he sold Everydays: The First 5,000 Days for a whopping $69.3 million. That was, and remains, the most expensive non-fungible token ever sold.

Beeple Sells NFT and Physical Sculpture for $29M

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Beeple's done it again.

The digital artist has created a dramatic 3D sculpture called HUMAN ONE.

Standing 7ft high, the polished aluminum box features four video screens — and the images it shows are accessed through the Ethereum blockchain.

Dubbed "the first human to be born in the metaverse," a person wearing a space helmet explores a series of dystopian landscapes.

The art shown on the screens is selected from a pool of one-minute video clips.

But here's a particularly cool feature: Beeple plans to continually add new imagery throughout his lifetime — reflecting the changing world we live in, and creating a special bond with the artwork's owner.

HUMAN ONE went under the hammer in New York on Tuesday night and sold for $28.9 million — way more than the $15 million that Christie's had been expecting. The lucky winner was an online bidder who is based in Switzerland.

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Big Money

Beeple — whose real name is Mike Winkelmann — is making a killing from NFTs.

Back in March, he sold Everydays: The First 5,000 Days for a whopping $69.3 million. That was, and remains, the most expensive non-fungible token ever sold.

This latest purchase means that Beeple also holds the record for the second most-expensive NFT ever sold.

Speaking to CNN earlier this year, Beeple himself said he fears that the world of NFTs is in a bubble — drawing parallels to the dotcom boom and bust of the 1990s.

Speaking at Decrypt and Yahoo! Finance's Crypto Goes Mainstream event, NFT entrepreneur Gary Vaynerchuk expressed similar concerns, warning:

"The conversation is about to get very interesting when we hit an NFT winter, because there's way too much short-term greed, and supply and demand issues."

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