What Is the Highest Price Paid for Digital Art?

Art|Digital Art

Digital art has been gaining popularity over the past few years, and with it, comes a new market for art collectors. Digital art, which is created digitally through the use of software programs, has become increasingly accepted and appreciated as an art form.

As digital art continues to grow in popularity, so too does its value. In fact, some of the highest prices paid for digital art have been astronomical.

One of the most expensive digital artworks ever sold was Beeple’s “Everydays: The First 5000 Days” for $69 million in 2021. This piece consists of 5,000 individual images created by Beeple over the course of 13 years, making it one of the longest and most ambitious projects ever undertaken in digital media. The artwork was purchased by Vignesh Sundaresan, an Indian entrepreneur who is also an avid collector of digital art.

Another notable sale was Mike Winkelmann’s “CryptoPunk #7804” which sold for $7.6 million in 2021. This work is part of a series created by Winkelmann that features 10,000 unique pixelated characters with distinct personalities and backstories. This one-of-a-kind artwork was purchased in a public auction by Metapurse, a fund dedicated to NFTs (non-fungible tokens).

The third highest price paid for digital artwork was Sotheby’s 2016 sale of “The First 5,000 Days” by anonymous artist “Pak” for $4.5 million dollars. This highly sought after work consists of 5,000 individual drawings that were posted online over five years and combined into one cohesive piece. It was purchased by entrepreneur Robert Alice who then donated it to an unnamed museum in Europe where it remains on display today as part of their permanent collection.

In addition to these three works there have been several other high-priced sales of digital artwork ranging from hundreds of thousands to millions of dollars each year since 2014 when Beeple’s “Everydays: The First 5000 Days” set the record at $3 million dollars.

Digital art is gaining more recognition and appreciation with every passing day as more people become aware of its potential as an investment asset class or simply appreciate its beauty and creativity. With this increasing acceptance comes higher prices that are being paid for these pieces from all over the world – making them more accessible than ever before to both novice and experienced collectors alike .

To conclude What Is the Highest Price Paid for Digital Art? The highest price paid for digital art thus far is Beeple’s “Everydays: The First 5000 Days” which sold for $69 million in 2021 followed closely behind by Mike Winkelmann’s “CryptoPunk #7804” which sold for $7.6 million in 2021 and then Sotheby’s 2016 sale of “The First 5,000 Days” by anonymous artist “Pak” at $4.5 million dollars respectively .