On March 11th, 2021, a major milestone was achieved in the world of digital arts and culture. A digital artwork titled “Everydays: The First 5000 Days” created by American artist Mike Winkelmann, known professionally as Beeple, sold at Christie’s auction house for an unprecedented $69 million. This is the first time a purely digital artwork has sold for such an astronomical sum.
The NFT (non-fungible token) artwork consists of a series of 5000 images that have been made over 13 years. The composition of this work is both unique and captivating and speaks to the ever-evolving nature of digital art. It showcases Beeple’s ability to push the boundaries and innovate within this genre.
The buyer of the artwork was Vignesh Sundaresan, also known as Metakovan, who bid under his company Metapurse. Sundaresan is a venture capitalist from Singapore and has been involved with cryptocurrency for many years. He is well-known for his interest in the NFT market and has established Metapurse as one of its leading investors.
This latest purchase has cemented Beeple’s place as one of the leading figures in digital art and signals a new era for this type of art form. Digital art is becoming increasingly popular as it allows for more flexibility, expression, creativity and innovation than traditional art forms can offer. This sale proves that there is an ever-growing appreciation for works like these that can be enjoyed by all kinds of audiences across the globe.
The sale of Everydays: The First 5000 Days marks an important moment in history not only for Beeple but also for digital culture as a whole. It has opened up new possibilities not just in terms of financial returns but also in terms of creative expression and appreciation from all corners of culture. Vignesh Sundaresan’s purchase serves as a testament to his confidence in this type of art form and will undoubtedly have a lasting impact on the industry going forward.
In conclusion, the digital artwork ‘Everydays: The First 5000 Days’ created by artist Mike Winkelmann (Beeple), sold at Christie’s auction house on 11th March 2021 to venture capitalist Vignesh Sundaresan (Metakovan) under his company Metapurse for $69 million – making it one of the most expensive pieces or artwork ever sold in history!