Breaking: Beeple’s “First 5,000 Days” NFT Collection Sells For $69 Million

Sunil Sharma
March 11, 2021
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

In an exciting crypto news today, “Everyday: The First 5,000 Days” a Non-fungible token (NFT) art collection by Beeple has sold for whooping $69 Million making it the most expensive NFT ever sold. Beeple is a 41 year old illustrator based out of Minnesota and his collection was a collage of 5,000 images that artist made in 5,000 days.

Advertisement
Advertisement

“The First 5,000 Days” becomes Most Expensive NFT Ever Sold

Non-fungible tokens (NFTs) are blockchain based marketplaces for artists to sell their artwork. Today’s sell marked at $69 Million has listed Beeple among the top 3 most valuable artists alive. This is not the first time, last week another Beeple art work, a 10 second video made headlines when it was sold for $6.6 Million.

NFT - the first 500 days
Source: Twitter

Non-fungible token aka NFT craze has taken crypto market by storm with major influencers like Mark Cuban and prominent artists already supporting the new trend. NFT oriented crypto projects like Chiliz ($CHZ) are already witnessing a boom in their price and market cap.

The overall NFT market has crossed $8 Billion in no time and is growing at a rapid pace with top NFTs selling in Millions.

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Sunil is a serial entrepreneur and has been working in blockchain and cryptocurrency space for 2 years now. Previously he co-founded Govt. of India supported startup InThinks and is currently Chief Editor at Coingape and CEO at SquadX, a fintech startup. He has published more than 100 articles on cryptocurrency and blockchain and has assisted a number of ICO's in their success. He has co-designed blockchain development industrial training and has hosted many interviews in past. Follow him on X at @sharmasunil8114 and reach out to him at sunil (at) coingape.com
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.