Beeple | Artist Behind NFT Auction $69M: Previously, Mike Winkelmann, a digital artist commonly known as Beeple, made headlines for $69 million after Christie’s auction of his artwork as an NFT.
Beeple | Artist Behind NFT Auction $69M
What is NFT?
In partnership with WENEW, Time, Universal Music Group, and Warner Music Group, create those moments via NFT or non-fongible tokens. The NFT is a digital certificate that verifies ownership for a particular time.
The site uses the Ethereum blockchain, which works as the tracking block for transactions, to offer NFTs for auction and direct sale for both single and multiple editions.
A physical artifact will also be presented to bidders and buyers that displays a looping video on a high-quality museum screen.
Beeple Next Website
The next of beeple is WENEW is a website that captures and auctions iconic historical moments. WENEW is called the Metaverse’s Memorial Palace, which gathers moments of politics, music, mode, and sport.
Beeple talked to musicians of potential collaboration, and he conceived the idea of WENEW before the Christie auctions.
He realized that he needed nothing new during these chats because musicians already had moments that resonated with their fans.
These are times that have already demonstrated their worth. Five, ten, fifty years out, we’re still talking about them. He believes that this approach to NFTs is new and that it will have long-term value. As its social and cultural relevance already demonstrate.
Partnership & Auction
WENEW partnered with Wimbledon for its first auction to present when Andy Murray won Grand Slam tennis in 2013 to wrap up the 77-year streak of Great Britain without the winner of a male single. The auction holds from 2 to 5 July.
It’s not only the auction moments. Some of the NFTs contain unique experiences. For example, the winning bidder can also play tennis with Murray on the Wimbledon court, the VIP tour, tickets for the 2022 men’s Wimbledon Finals, and signed souvenirs for the auction Wimbledon.
WENEW also cooperates to identify cultural icons on the platform with Time Magazine.
Investment of Money
NFTs are a new paradigm that is not only the way people invest their money but also in the way that we understand our collective experience and celebrate remarkable achievements. Beeple’s historic auction and the emergence of other projects such as NBA Top Shot, NFT attracted the general public attention. Collectors can buy NBA game highlights as NFTs.