Until about a year ago, artist Mike Winkleman hadn’t sold a print for more than 100 bucks. In March of this year he sold a piece containing the works from his first 5,000 days as an NFT through Christie’s, making it the first pure NFT the auction house had ever sold, and, thanks to that $69 million price tag, the …
This July, the Prinseps auction house in Mumbai is set to open their new season with an offering of non-fungible tokens artworks by the Bengali modernist Gobardhan Ash and Oscar-winning costume designer Bhanu Athaiya’s fashion sketches. The move piggybacks on an international boom in the NFT art market, which broke into the mainstream when a digital art piece by Beeple …
Exactly what just sold for $69,346,250 at Christie’s? “People kept hitting me up, saying, ‘Oh, you should check out this NFT thing,’ ” he told the Art Newspaper. Here’s the case Beeple makes: “The NFTs were designed in a way that makes them immediately distinguishable from Instagram and immediately distinguishable as a collectible,” he told Decrypt. At any rate, Christie’s …