NFT HYPE: Some Cryptomedia Highlights

$69 Million for Beeple´s Opus

The artist Mike Winkelmann, aka Beeble has created and posted digital art every single day for the past 13 and a half years – over 5000 individual pieces of digital artwork. The famous British auction house Christie’s, who also auctioned the Salvator Mundi for $400 million (one of my favorite videos of all time), has brought together this unique work as one Opus. It was the first purely digital work with a unique NFT that Christie’s has ever sold. This is the third-highest auction bid for the work of a living artist and only around a hundred works have been sold for more.

The buyer of this groundbreaking auction was Metakovan, the pseudonymous founder of MetaPurse. Metapurse is a crypto-exclusive fund that specializes in early-stage blockchain projects. This is the work Beeple has created on Day 5000:

CryptoPunk 7804

The two founders of Larva Labs Matt & John have created several works as crypto art. One of the most exciting ones is called CryptoPunks, which are 10,000 unique collectible characters, with proof of ownership stored on the Ethereum Blockchain. One particular Punk, number 7804 and seen below, has been sold from one owner to the next for 4,200 ETH ($7,566,173.88 USD).

The Banksy of Crypto

One of the most notorious people in the NFT-Space right now is the self-proclaimed NFT performance artist @SHL0MS.
First, he sold a single, 1x1, transparent pixel for 0.2 ETH (around $365). Right after that, he sold his piece called "0x0", which was a completely empty png file for 4 ETH ($7,300). As a response to the critique of that previous work, as it did not contain enough pixels, he created a png file that consisted of 1 million pixels in a series of nested zip files. Ultimately this zip file contained 99 million copies of itself for a total of 100 trillion (transparent) pixels and sold it for 11.11 ETH ($20,300).

After that, the internet went crazy. Critics said that his work did not actually constitute art. So Shl0ms took a 2385x4289 high-resolution scan of the Mona Lisa (which everyone agrees is art), overlaid it with a 2385x4289 white rectangle, called it "art" and it is still up for auction.

Until next week,

Sam

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