NFT Artist Beeple Auctions Latest Work for $28.9M at Christie’s

“Human One” is a real-life sculpture that comes with a non-fungible token.

article-image

Beeple’s Human_ONE

share

key takeaways

  • Ryan Zurrer, a former venture partner at Polychain Capital, claimed the artwork
  • The NFT runs on Ethereum blockchain, allowing Beeple to continuously update and change the artwork for the rest of his life, according to the artist

The second most expensive non-fungible token (NFT) just sold for $28.9 million via Christie’s auction house on Tuesday.

Artist Beeple’s “Human One” depicts an astronaut-like figure walking in an almost seven-foot-high translucent box, describing it as “the first portrait of a human born in the metaverse.” 

Elsewhere, Beeple compared “Human One” to a “subscription service,” adding that the owner is also “buying continual access to me updating this piece.” (The artwork runs on Ethereum blockchain, allowing Beeple to update and change the work.)

Loading Tweet..

“While the piece was sold last night, [it] is not complete,” he said in a webinar on Wednesday. “I’m going to keep changing the piece and keep updating the artwork over the course of the rest of my life. That is something that is very exciting to me, and I think is much more analogous to how people will appreciate art in the future.”

Ryan Zurrer, a former venture partner at Polychain Capital, claimed the artwork.

“This is how people will view art in the future as a dynamic thing. You come down in the morning, and the piece looks one way. You come home from work, and the piece looks a different way,” Beeple said. “It just continues to evolve, surprise and just adds to its beauty.” 

Mike Winkelmann, who goes by Beeple, made headlines in March of last year for selling his NFT, “The First 5000 Days” for over $69 million at the same auction house. It remains the highest-selling piece of crypto art for Christie’s. 


Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


Tags

Upcoming Events

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Screen Shot 2024-05-16 at 14.53.45.png

Research

Loss-versus-rebalancing (LVR) is arguably Ethereum DeFi’s biggest problem, and thus reducing LVR is fundamental to the success of Ethereum. This report dives into the world of LVR. We uncover its importance for AMM designers, discuss the two major mechanism design categories and various projects developing solutions, and offer a higher level perspective on the importance of AMMs in general.

article-image

Humanity Protocol also announced a $30 million round, giving the Worldcoin competitor a $1 billion valuation

article-image

Bitcoin miner Bitfarms cuts ties with its chief executive; Vanguard’s incoming leader could spur the firm to re-evaluate its crypto stance, some say

article-image

A private security firm tracked down @STACCoverflow, who was taken into custody early Saturday

article-image

Plus, Pump.fun suffers an exploit and Bitcoin Runes creation slows down

article-image

When L3s started trending, they were met with initial skepticism — but as more use cases emerge, the clearer their need becomes

article-image

The memecoin platform is already back online, and Solana hit a monthly high following the exploit