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Pursuits

An NFT Sold for $69 Million, Blasting Crypto Art Records

The artist Beeple created the digital artwork, Everydays: the First 5,000 Days, just last month—and Christie’s is now accepting total payment in Ether. 

Everydays: The First 5000 Days by Beeple, which was minted on Feb. 16, 2021.

Everydays: The First 5000 Days by Beeple, which was minted on Feb. 16, 2021.

Source: Christie’s

Updated on

On Thursday, a digital artwork less than a month old hammered for $60.25 million at Christie’s in New York, shattering every previous record set for the medium and pushing the NFT market into the price range of blue-chip masterworks. With buyer’s premium the total comes to $69.3 million.

A spokesperson for Christie’s declined to name the buyer. Initially it had appeared Justin Sun, founder of cryptocurrency platform Tron, gave the winning bid of $60.25 million according to information provided by a Tron representative. Later, the statement was clarified to say he was outbid at the last minute.