Grimes is the latest artist to get in on the NFT gold rush, selling around $6 million worth of digital artworks after putting them up for auction yesterday. One of the largest sales of the day on Makerplace on Sunday was $346, and the NFT sold at 11:34 a.m. It’s the second NFT auction he’s run this year, following another release in late October. Non-fungible token (NFT) art sales are soaring, and one renowned digital artist has reaped the rewards by shifting $3.5 million worth of art in 72 hours. The data suggest that NFTs are simply on a growth trend, with a ‘killer app’ perhaps required to bring even further adoption. In the last few months the non-fungible token (NFT) art space has exploded and data shows that there’s been over 4.9 million sales worth well over $128 million to-date. All artworks on Display in NFT ART galleries in the Metaverse are as well minted on the blockchain as a uniq Asset. NFT Art brings large windfall at sale. The first digital-only art auction by Christie's auction house has netted $69m (£50m) for the artist Beeple. The curated platform has facilitated nearly 4,000 ETH in NFT art sales so far, with the average sales price of an SR piece currently at around 0.79 ETH. Sales rose … The piece is themed on the 2020 U.S. presidential election—the listing featured two different pieces called “Biden win,” and “Trump win.” Grimes' digital art just sold ... the Las Vegas-based artist brought in over $11 million in sales. “Absolutely fucking speechless,” tweeted Beeple in reaction to the news. Online platforms and marketplaces growing in number. A recent unusual art auction showcases the new power of the market in non-fungible tokens (NFTs) to facilitate the buying and selling of digital assets, potentially, for lots of money. We're sorry but Hashmasks doesn't work properly without JavaScript enabled. NFT tokens are very useful because for the first time people can genuinely own digital items they’ve earned or bought. NFT art can be programmed to show different images triggered by real world events, like the weather, or Christmas morning, or who wins an election – all of that is now in play. The sale was highly-anticipated — Winkelmann is one of the most celebrated artists in the digital art world. Right, sorry. NFT crypto art and collectibles are making record sales. That doesn’t make it any clearer. A unique NFT by Beeple fetched $6.6 million on the secondary market yesterday. It allows users to sell art, game items, collectibles, virtual stuff, domain names etc. Some pieces are fetching six figure prices. Combine that with Winkelmann already being at the forefront of NFT sales, and today’s auction was destined to set records. A digital artist known as Beeple has sold around $3.5 million worth of digital art on the Nifty Gateway marketplace. On March 3, a group of anonymous art enthusiasts decided to burn an original Banksy screenprint worth roughly £70,000 or around $95,000 USD, and then turned it into a non-fungible token (NFT… Winkelmann auctioned off his “Everydays” 2020 collection via Nifty Gateway this weekend. New sales records are continuously being made and broken. You are in full control of your NFT tokens! Notably, the first piece minted on the platform, Robbie Barrat’s “AI Generated Nude #1,” sold for 75 ETH in a secondary sale earlier this Focusing purely on NFT sales, virtual worlds that house numerous virtual assets, as well as land, form the biggest sector of the market, with 25% of total sales. “Non-fungible” more or less means that it’s unique and can’t be replaced with something else. Bitcoin, … The artist auctioned off his entire NFT collection for $3.2 million, including a single piece that went for $777,777 in December 2020. But it's boomed in popularity lately, generating $45.2 million in sales volume in the last seven days alone according to the website NonFungible, and inspiring a broader "crypto art" movement. OpenSea variety and transaction volumes eclipses that of any other similar platform. "I do really think that this is going to be seen as the next chapter of art history," Beeple said. Today, crypto art can sell for hundreds of thousands of dollars and works from artists such as ‘Beeple’ are in high demand. The first and largest marketplace, OpenSea focuses on every type of Non Fungible Token (NFT). Earlier this week, Christie’s announced its first-ever sale of a purely digital artwork, by Mike Winkelmann aka Beeple, that will carry an NFT, or non-fungible token. In December 2020, he sold $582,000 worth of crypto art in just five minutes, part of a $2.2 million haul in just three days. NFT ART's Community is focused on showing work by both established and emerging artists in the fields modern pop, illustration art and crypto-art. Within five minutes of opening, the auction at Nifty Gateway broke records for digital art sales. Please enable it to continue. Beeple receives 10 per cent each time the NFT changes hands after the initial sale. Non-fungible tokens (NFTs) are growing in popularity and the trend is not looking like it will be slowing down in 2021. The creator of the NFT that sold for almost $70 million is "a rich man today," Christie's art specialist Noah Davis told CNBC on Thursday. Five hours before that sale, a piece of digital artwork sold for … Artists often find it hard to prove the authenticity of their work (especially with digital art); NFT tokens could fix this. The NFT market is largely speculative and probably will have the wild price swings their cryptocousins have experienced over the past few years. NFT market overview: NonFungible. By Justin S - March 1, 2021. In October last year, Christie’s included a work by Robert Alice in its post-war and contemporary art sale. NFT Art Sales Reached All-Time High of $8.2M in December January 2, 2021 January 11, 2021 NFT_admin Breaking News The total trading volume of non-fungible token (NFT) artwork hit an all-time high of $8.2 million in December 2020, according to cryptocurrency art analytics platform CryptoArt.io. Many new artists and collectors are coming to the NFT market, and in late 2020, more than $8 million worth of NFT art changed hands.The reasons for this rise in NFT art activity are varied, and it comes at a time when more and more action is happening in the NFT space. SIGN Art is a web gallery of Blockchain-Certified Digital Art.. ARTISTS have the option to tokenize their CREATIONS by permanently linking each to a unique Non-Fungible Token or NFT, and sell as a single or in limited editions.. COLLECTORS can use the platform to display their COLLECTIONS of NFTs, transfer or gift to any Waves account, and *sell in the secondary market. Now his art continues to be resold, with Crossroads becoming the most expensive NFT sale in history. Their potential is limitless and we are only beginning to realize all the possibilities they can offer, be it in gaming, art or any industry involving collectibles. But virtual art was the strongest performing segment in terms of growth and made up 24% of the market. Non-fungible-tokens.com is a site which aims at making NFTs known to the world. 199. The Crossroads NFT if Trump won the election. The NFT market has attracted a lot more buzz and investment than other uses of the blockchain to authenticate art. “CROSSROAD” was first sold in a Nifty Gateway sale in November 2020. The most popular NFT platform, in terms of sales, is still CryptoKitties.According to data platform NonFungible, the game has recorded over $38 million in sales, which dwarfs SuperRares’ $4.57 million in sales.. ET. The achievement has made a new record for NFT sales over such a short period. Crypto artist Beeple made history yesterday with the sale of an NFT collection of digital art for $69.3 million.The sale of EVERYDAYS: THE FIRST 5000 DAYS at Christie’s auction house is the third most expensive piece of artwork sold by a living artist—and Justin Sun, founder of cryptocurrency platform TRON, narrowly missed out on winning the bidding war. Blockchain-backed digital art is continuing to make waves and this week an artist who calls himself ‘Beeple’ raised $3.5 million during his latest non-fungible token (NFT) art collection auction. NFT artists tweet their sales and prices the way MFA artists announce solo shows. “I do view this as the next chapter of art history,” Winkelmann said. The platform has auction feature and integrations with crypto infrastructure.
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