Digital image sells for $69.3MILLION

Everydays: The First 5,000 Days’ by Beeple (aka 39-year-old Mike Winkelmann) sold for a record $69.3 million at Christies the day before yesterday. It is a collage of 5,000 individual images created daily over more than 13 years and exists only as a JPG file. Its NFT blockchain verification* certifies its ownership and authenticity. This artwork was listed at $100 but a flurry of bids pushed the price up to almost $70 million. The anonymous buyer paid in cryptocurrency.

The final artwork is a collage of all these images. I wonder how you would display it? On a screen? Would you be allowed to make backup copies? Would it be easy to insure? How would it be delivered? On a usb? How big is the file?

Winkelmann created an artwork a day for over 13 years and posted each one online. Here are some of the component images

*A non-fungible token (NFT) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs can be used to represent items such as photos, videos, audio and other types of digital files. 

Author: Janet Carr

Fashion, beauty and animal loving language consultant from South Africa living in Stockholm, Sweden.

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