Digital artist Mike Winkelmann, known by the pseudonym Beeple, told The New Yorker that he converted the record revenue from selling a non-fungible token (NFT) from Ethereum into US dollars.
“I’m not even close to a crypto evangelist. I was into digital art long before all this nonsense. If NFTs disappear tomorrow, I’ll continue doing this,” the artist said.
The artwork ‘Everydays: The First 5000 Days’ was sold for $69.3 million. After deducting auction-house fees and taxes Winkelmann received $53 million.
The painting is a collage of thousands of the artist’s works published on the internet since 2007. The buyer was Vignesh Sundaresan, who operated under the pseudonym Metakovan.
At the end of February, Beeple’s NFT featuring Trump was resold for $6.6 million. In December 2020 the artist earned $582,000 from ‘Crossroad’.
In March Winkelmann sold the painting “OCEAN FRONT” for $6 million. The proceeds will be donated to efforts to combat climate change.
In March, Beeple called a bubble the NFT market situation.
Earlier, Twitter founder Jack Dorsey sold his first tweet as an NFT for $2.91 million. The buyer was Bridge Oracle founder Sina Estavi.
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