The digital art market has seen an exponential rise in recent years, with unprecedented amounts of money being paid for rare and unique pieces. In 2020, a digital artwork titled ‘Everydays: The First 5000 Days’ by the artist Beeple sold for $69 million, setting a world record for the most expensive digital artwork ever sold.
The piece was created by Beeple over 13 years, and it is composed of 5000 individual images that he created over time and compiled into one single work. It was sold as an NFT (non-fungible token), which is a type of digital asset that has been gaining traction in the art market.
The buyer of this piece was Vignesh Sundaresan, also known as Metakovan, who is a venture capitalist and cryptocurrency investor based out of Singapore. He purchased the piece through the auction house Christie’s using Ethereum cryptocurrency and paid $69 million for it.
As an art collector, Metakovan has always been interested in exploring new ways to acquire artworks and felt that purchasing this piece through an NFT was a perfect fit. He also wanted to support Beeple’s work as he felt that his art touched upon many important themes such as technology and its effects on our lives.
Metakovan is no stranger to spending large sums of money on artwork – he has previously purchased other pieces from Beeple including a print edition of the same artwork for $4 million. However, his purchase of ‘Everydays: The First 5000 Days’ marks the most expensive digital artwork to date and has served to further legitimize digital art in the eyes of collectors around the world.
In conclusion, Vignesh Sundaresan aka Metakovan bought the most expensive digital art in history – ‘Everydays: The First 5000 Days’ by artist Beeple – in 2020 at Christie’s auction house using Ethereum cryptocurrency for $69 million. His purchase serves as a testament to how powerful digital art can be both aesthetically and financially and will likely encourage other investors to explore this emerging market further.
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In the world of digital art, few transactions have been as remarkable as the recent auction of Beeple’s Everydays: The First 5000 Days. The artwork was sold for a staggering $69 million, making it the most expensive digital artwork ever sold. It is also one of the most expensive artworks, digital or otherwise, to be sold in auction history.
In March 2021, the world of digital art was changed forever when a digital artwork sold for a record-breaking $70 million. The artwork was created by the artist Beeple, whose real name is Mike Winkelmann. The piece, entitled Everydays: The First 5000 Days, was sold at auction by the famous Christie’s Auction House in New York City.
What Was the Most Expensive Digital Art? In the ever-evolving world of digital art, one of the most exciting developments has been the emergence of digital artworks that are capable of being sold for a high price. In recent years, we have seen some truly remarkable works being sold for record-breaking prices.
Digital art has been around for decades and is becoming increasingly popular. From abstract images created on computers to intricate 3D models and animation, digital art is being used in a myriad of ways. As technology continues to evolve, the possibilities for creating stunning digital artwork become more vast and varied.
Digital art has become increasingly popular over the past few years as technology has made it easier to create and share pieces. With the rise of platforms like Etsy, eBay, and other digital art stores, it’s now easier than ever for artists and collectors alike to purchase unique artwork from all over the world. But what is the most expensive digital art ever sold?
On March 11, 2021, a digital artwork created by the artist Beeple sold for a record-breaking USD 70 million at Christie’s auction house. This artwork is called “Everydays: The First 5000 Days” and is the first purely digital artwork to be auctioned off at a major auction house. This sale marked the first time that an artwork created completely on a computer was valued at such a high price.
