A non-fungible token by digital artist Beeple was sold at Christie’s auction for over $60 million, according to CNBC. The price makes it the most expensive NFT ever sold at auction.
The final sales price of the NFT could rise as final bids are processed, and auction fees added, which could bring the total to more than $69 million.
The sale ushers a new era in collectibles, where prices for blockchain-based digital images now rival those paid for Picassos and Monets.
While the future of NFT prices and their longer-term role in the art world remains uncertain, the sales price of Beeple NFT has caused the art world to take notice.
The record-breaking work, called “The First 5,000 days,” was the first ever to sell at a major auction house.
The Christie’s sale makes Beeple one of the top three living artists in the world by price,
NFTs are digital assets with ownership records on a blockchain and have become a $400 million market, much of it in the past month.
