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Why the buyer of Beeple's $69 million NFT wants everyone to make free copies of the digital art

Beeple's NFT collection.Business Insider In March, Vignesh Sundaresan spent $69 million for the NFT of Beeple's "Everydays." Now, he says he would be happy if everyone had a free copy of the artwork. That's because he said information on the internet wants to be free, and paywalls don't work.  In March, Beeple sold a digital collection of his art as an NFT for a record $69 million. Now, the buyer wants everyone to have a free copy. The buyer, Vignesh Sundaresan, who's also...
Tags: Trends, Markets, Bloomberg, Crypto, NFT, Digital Art, Beeple, NFTS, BitAccess, Sundaresan, Natasha Dailey, MI Exclusive, Metakovan, Vignesh Sundaresan, Beeple NFT record $69 million, Bloomberg NFTs


Britain’s Collins Dictionary Declares “NFT” Word Of The Year 2021

It’s hard to believe now, but it was only this March that Beeple sold his original non-fungible token artwork for $69 million, setting off the NFT madness. Collins reported that it’s one of the few words that’s “broken through the COVID noise,” with usage up 11,000%. – The Guardian
Tags: Art, Britain, Words, Collins, NFT, Beeple, Collins Dictionary Declares


4 reasons why museums aren’t getting into the NFT game

The eye-popping sale price of US$69 million on March 11, 2021, for a non-fungible token created by the digital artist Beeple sent shock waves through the art world. More multimillion-dollar sales of these digital assets that exist on a blockchain and are maintained on networked computers soon followed. At the same time, art museums have faced substantial financial shortfalls accelerated by a decline in visitors and donations induced by the COVID-19 pandemic. Many have considered taking drastic m...
Tags: Startups, US, NFT, Beeple, Hard Fork, Next Featured


Indian music industry’s first-ever NFT series launched by Sonu Nigam

The NFT collection was launched in London to appeal to the thriving diaspora looking to stay connected to their roots, featuring the popular music icon’s journey and work. The NFT series will include Nigam’s single ‘Hall of fame’. Some of the highest NFT collections sold are: Jack Dorsey selling an autographed tweet for $3 Million, singer Grimes selling a 50-second video for $390,000 and digital artist, Beeple, also selling a unique video, for $6.6 Million. [Via]
Tags: Business, London, News, Grimes, Jack Dorsey, NFT, Nigam, Sonu Nigam, Beeple


How Beeple Is Changing The Relationship Between Artist And Collector

The dynamic nature of Beeple’s art speaks to an emerging paradigm in both art and crypto, where the artist and the buyer are in prolonged conversation—and the transaction is just the start of the deal. – Quartz
Tags: Art, Featured, Ideas, Beeple


What is an NFT? Non-fungible tokens explained

Non-fungible tokens, or NFTs, are the latest cryptocurrency phenomenon to go mainstream. And after Christie's auction house sold the first-ever NFT artwork — a collage of images by digital artist Beeple for a whopping $69.3 million — NFTs have suddenly captured the world's attention.
Tags: News, Stories, Christie, NFT, Beeple


Metaverse Marketing Podcast: NFTs

When the American digital artist known as Beeple sold a digital artwork at Christie's Auction House for over $60 million, it became the most expensive NFT ever sold at an auction. It was a metaverse moment that crystallized the hype surrounding this new form of digital media. But what exactly is an NFT and why...
Tags: Advertising, NFT, Beeple, Christie s Auction House, Metaverse, Adweek Podcasts, Metaverse Marketing Podcast


NFT artist Beeple unveils new real-life sculpture following record-breaking $69M sale

Last year, Mike Winkelmann -- better known as Beeple -- joined the world's most valuable living artists when he sold an NFT for a record-breaking $69.3 million.
Tags: Cnn, NFT, Beeple, Mike Winkelmann


NFT artist Beeple unveils new sculpture following record-breaking $69M sale

Last year, Mike Winkelmann -- better known as Beeple -- joined the world's most valuable living artists when he sold an NFT for a record-breaking $69.3 million.
Tags: News, Stories, NFT, Beeple, Mike Winkelmann


The artist who sold an NFT for a staggering $69 million will auction a $15 million sculpture and NFT at Christie's, report says

Beeple's "Human One" sculpture and NFT will be sold at Christie's. Christie's Beeple, who sold an NFT for $69.3 million this year, will return to the market with a new piece. A 7-foot-tall physical sculpture will be auctioned at Christie's, according to WSJ. "Human One" depicts an astronaut, and it will come with an NFT as well. Beeple, who this year sold the most expensive work of digital art, is returning to the $769 billion NFT marketplace with a life-size sculpture a...
Tags: Trends, Markets, WSJ, Christie, NFT, Coinmarketcap, Carla Mozee, Beeple, Mike Winkelmann, MI Exclusive, Beeple NFT artist, Beeple NFT record $69 million, Artist Beeple NFT Christie's auction, Beeple sculpture Christie's auction, Beeple sculpture Human One


Salman Khan jumps on to NFT bandwagon, to launch digital collectibles soon

After Bollywood superstar Amitabh Bachchan joined the metaverse, another Bollywood actor Salman Khan on Wednesday announced that he will soon launch non-fungible tokens or NFTs in partnership with BollyCoin. The NFT space exploded earlier this year after digital artist Mike Winkelmann aka Beeple sold an NFT for $69 million in March 2021. [Via]
Tags: Business, News, NFT, Salman Khan, Amitabh Bachchan, Beeple, Mike Winkelmann


Disneyland meme of viral ‘Side Eyeing Chloe’ sells for $75,000

A popular internet meme of a 2-year-old girl giving a disapproving and unimpressed side-eye look after her mother announces plans to skip school for a surprise Disneyland trip has been sold for approximately $75,000. The non-fungible token (NFT) of Side Eyeing Chloe was purchased by the Dubai-based 3F music production company — which has also bought other high-priced memes like Charlie Bit My Finger, Overly Attached Girlfriend and Disaster Girl. Sign up for our Park Life newsletter and find out...
Tags: Google, Utah, Florida, Instagram, Washington Post, Youtube, Sport, Bbc, Things To Do, Soccer, Dubai, Brazil, Amusement Parks, Disneyland, Jack Dorsey, Walt Disney World


A Bunch of Ape NFTs Just Sold For $24.4 Million

If you thought NFT mania was about to die off, think again: a bundle of 101 NFTs from Bored Ape Yacht Club just sold at Sotheby's for $24.4 million. A second bundle of 101 Bored Ape Kennel Club NFTs sold for $1.8 million. From a report: That puts the ape sale among the biggest in the NFT space. A bundle of nine CryptoPunks -- one of the earliest NFT projects -- sold for $16.9 million in May. And Beeple sold a collage of his works as an NFT for $69 million in March. While it's hard to directly co...
Tags: Tech, NFT, Sotheby, Beeple, Bored Ape Yacht Club, Bored Ape Kennel Club NFTs


OKEx launches NFT marketplace and DeFi dashboard in India

The platform will feature two core products: NFT marketplace and DeFi dashboard. According to the company, which has more than 20 million users globally, the NFT marketplace will be an end-to-end NFT platform on which users can buy, sell and trade NFTs directly, with zero fees paid out to OKEx. The NFT space exploded earlier this year after digital artist Mike Winkelmann aka Beeple sold an NFT for $69 million in March 2021. [Via]
Tags: Business, News, India, Digital Marketing, NFT, Beeple, Mike Winkelmann, Défi


What to know about non-fungible tokens (NFTs) - unique digital assets built on blockchain technology

NFTs have become increasingly popular and have sold for millions. They can come in the form of everything from memes to pet rocks. NFT; Alyssa Powell/Insider A non-fungible token (NFT) is a unique digital asset that represents ownership of real-world items like art, video clips, music, and more. NFTs use the same blockchain technology that powers cryptocurrencies, but they're not a currency. While NFTs have sold for millions, they're highly speculative assets that are not appropria...
Tags: Trends, Nba, Jack Dorsey, Christie, NFT, Sotheby, Beeple, Ceesay, Tezos, Alyssa Powell, Louis DeNicola, Solo Ceesay, LeBron James Cosmic Dunk, CryptoPunk NFT, NFT Foundation


CryptoPunks blasts past $1 billion in lifetime sales as NFT speculation surges

Hello friends, and welcome back to Week in Review! Last week we dove into Bezos’s Blue Origin suing NASA. This week, I’m writing about the unlikely and triumphant resurgence of the NFT market. If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter page , and follow my tweets @lucasmtny . The big thing If I could, I would probably write about NFTs in this newsletter every week. I generally stop myself from actually doing so because I try my best to ...
Tags: Apple, Uber, Twitter, California, Tech, Ceo, Nasa, Cryptography, Kanye West, United States, App-store, Judge, Kano, Cryptocurrencies, Blockchains, Ethereum


So you bought an NFT? Doesn’t mean you also own it

NFT’s or non-fungible tokens first captured the public imagination when a digital collage by an artist named Beeple sold for US$69 million (£51 million) at Christie’s in March 2021. Since then, there has been an explosion in the use of these units for storing digital content, which are bought and sold using online ledgers known a blockchains. Since that initial connection with art, we are seeing NFT’s being used in numerous other ways. Notably, many are being traded as collectibles on exchanges ...
Tags: Startups, US, Christie, NFT, Beeple, Hard Fork, Next Featured


United States: Nota Bene Episode 139: What Are NFT's And Are They Here To Stay? With James Gatto (Summer Repeat) (Podcast) - Sheppard Mullin Richter & Hampton

When the artist Beeple recently sold a digital work of art for $69 million, it caught the world's attention especially because that one-of-a-kind digital art was a non-fungible token (NFT).
Tags: News, United States, Hampton, NFT, Beeple, Mullin Richter, James Gatto


NFTs are skyrocketing and everyone from Katy Perry to the NBA is selling them - but they've got a long way to go before they really go mainstream, Rarible's co-founder says

NICOLAS ASFOURI / Contributor/ Getty Images Despite the buzz, NFTs have a long way to go before becoming mainstream, Rarible cofounder Alex Salnikov said. They have to become more affordable and accessible, and companies figure how they might appeal to consumers, he told Insider. Interest in the digital assets has skyrocketed, prompting celebrities and leading corporates to put out their own NFTs. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Non-fungible to...
Tags: Amazon, Trends, Katy Perry, Nba, Coca Cola, Christie, NFT, Sotheby, Beeple, NICOLAS ASFOURI, US Space Force, Insider Interest, Rarible, Sophie Kiderlin, Alex Salnikov, Salnikov


Luxury fashion houses Louis Vuitton and Burberry dive into the world of NFTs and online gaming

Sharky B Burberry Luxury fashion houses Burberry and Louis Vuitton are turning to NFTs and gaming to promote their brands. Burberry is releasing a NFT game character called "Sharky B", while a Louis Vuitton game offers 30 NFTs, including 10 by Beeple. Fashion brands are looking to tap into the NFT buzz, with Gucci among those reported to be eyeing a launch. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Luxury fashion houses Burberry and Louis Vuitton are turning...
Tags: France, Trends, Burberry, Gucci, Louis Vuitton, NFT, Vivienne, Sharky, Beeple, Vogue Business, The Fabricant, Blankos Block Party, Camomile Shumba, Sharky B Burberry Luxury, Beeple Fashion, Opening Bell Luxury


NFT sales hit record highs in July as the broader crypto market recovered from a slump earlier in the month

NICOLAS ASFOURI / Contributor/ Getty Images Sales volumes for non-fungible tokens hit record highs in July, according to nonfungible.com. The last week of the month noted the largest ever sales volume in dollars, according to the data. The NFT market had cooled down in recent months after surging in popularity and prices earlier this year. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Sales of non-fungible tokens soared to record highs in July, as buyers floc...
Tags: Twitter, London, US, Trends, Katy Perry, Jack Dorsey, Christie, NFT, Sotheby, Beeple, Sophie Kiderlin, Larva Labs


Energy consumption is a constant concern in crypto mining, but more sustainable practices are emerging

Regulators are paying close attention to the crypto world. Cesc Maymo/Getty Images The use of NFTs and cryptocurrencies is taking a toll on sustainability and environmental health. Bitcoin mining machines around the world use about as much power as Bangladesh, Bloomberg reports. The nonprofit Blockchain for Climate is advocating for ways to incentivize emissions reductions. Subscribe to our biweekly newsletter, Insider Sustainability. Over the last several years, non-fungible tokens (NFTs)...
Tags: Sweden, China, Trends, Bloomberg, Iran, Bangladesh, Christie, Inner Mongolia, NFT, Malaysia China, Beeple, Karen K Ho, Bangladesh Bloomberg, Xinjiang Inner Mongolia Sichuan, Yunnan Xinjiang, Blockchain for Climate


101-carat diamond sells for $12 million in cryptocurrency

By Thomas Shum | Bloomberg A 101.38-carat diamond was sold at Sotheby’s for $12.3 million in cryptocurrency, becoming the most expensive piece of jewelry sold through such type of payment, the auction house said. The pear-shaped diamond, named “The Key 10138,” was sold to an unidentified private collector on Friday, Sotheby’s said in a statement. The gem from Diacore was the second-largest pear-shaped diamond ever to be sold publicly, it said. Prior to the sale, the international auction house s...
Tags: Hong Kong, Business, Bloomberg, Sport, Soccer, Banksy, Phillips, Sotheby, Beeple, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze


NFT sales volume soared to $2.5 billion in the first half of 2021, as artists, celebrities and even Twitter and CNN joined the crypto craze

NICOLAS ASFOURI / Contributor/ Getty Images NFT sales volume skyrocketed to $2.5 billion in the first half of 2021, according to DappRadar. Artists, celebrities and organizations like Twitter, CNN and the US Space Force jumped onto the trend. The NFT market has however cooled off since the height of the frenzy in these tokens back in May. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Sales volumes for non-fungible tokens (NFTs) soared to a record $2.5 billion...
Tags: Twitter, Digital, Trends, Cnn, Reddit, Jack Dorsey, Christie, NFT, Beeple, Twitter CNN, US Space Force, DappRadar, Sophie Kiderlin, NICOLAS ASFOURI Contributor Getty Images NFT


Web creator Tim Berners-Lee's NFT of the original source code sold for $5.4 million at auction

Sotheby's auctioneers in the prestigious New Bond Street Dave Rushen/SOPA Images/LightRocket via Getty Images Tim Berners-Lee's NFT of the World Wide Web's source code went for $5.4 million at auction. The NFT contained the code in its entirety, a 30-minute animation and a letter written by Berners-Lee. The market for NFTs has cooled off since a Beeple artwork sold for $69 million in May. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Sir Tim Berner...
Tags: Trends, Katy Perry, Banksy, Christie, Berners Lee, Tim Berners Lee, Tim, NFT, Sotheby, Beeple, Dave Rushen, Sophie Kiderlin, Getty Images Tim Berners Lee


The Beeple Guy Joins Forces With the Pitchfork Guy to Sell Moments in History as NFTs

If the acronym “NFT” didn’t already give you a headache, perhaps this news will: artist Mark “Beeple” Winkelmann and Ryan Schreiber, the founder of Pitchfork, are launching a site where people can buy random moments in time as non-fungible tokens on the blockchain.Read more...
Tags: Science, Technology, Articles, Andy Murray, Nba, Cryptocurrencies, Blockchains, Ethereum, Murray, Mark, Pitchfork, NFT, Wasserman, Winkelmann, National Film and Television School, Beeple


Web Inventor Berners-Lee To Auction Original Code as NFT

Sir Tim Berners-Lee is auctioning his original source code for the web in the form of a "non-fungible token," as digital collectibles continue to fetch millions of dollars despite the recent sell-off in cryptocurrencies. From a report: The auction at Sotheby's will be the first time that Berners-Lee has been able to raise money directly from one of the greatest inventions of the modern era, with the proceeds benefiting initiatives that he and his wife Rosemary support. "The idea is somebody migh...
Tags: Amazon, Tech, Switzerland, Rosemary, Berners Lee, Tim Berners Lee, Google Facebook, NFT, Sotheby, Beeple, Financial Times Berners Lee


Joe Exotic from 'Tiger King' is selling his first NFT collection from his prison cell

MORE Joe Exotic has created a collection of NFTs in collaboration with a cryptocurrency club. The NFTs will come with physical tokens that appeared in the "Tiger King" docuseries. The crypto-art pieces will go on sale June 18 on Mintable. See more stories on Insider's business page. Viral meme sensation Joe Exotic is releasing his first digital-art collection from his prison cell in Fort Worth, Texas.The former zoo operator known for his role in the Netflix docuseries "Tiger King" is ...
Tags: News, Entertainment, US, America, Trends, Netflix, Crypto, Grimes, Cryptocurrencies, Fort Worth Texas, NFT, Beeple, Tech Insider, Joe Exotic, Carole Baskin, Tiger King


NFTs to the moon? US Space Force says it will start selling digital tokens depicting satellites, mission badges and other memorabilia

President Donald Trump stands as Chief of Space Operations at US Space Force Gen. John Raymond, second from left, and Chief Master Sgt. Roger Towberman, second from right, hold the United States Space Force flag as it is presented in the Oval Office of the White House, Friday, May 15, 2020, in Washington. Secretary of the Air Force Barbara Barrett stands far left. Alex Brandon/AP The US Space Force will release augmented reality tokens depicting satellites, mission badges and coins. The...
Tags: Space, Spacex, Elon Musk, Washington, US, Trends, Markets, United States, Crypto, Air Force, Donald Trump, Cryptocurrencies, US Air Force, Christie, Oval Office of the White House, NFT


World wide web creator Tim Berners-Lee is auctioning his source code as an NFT

Sir Tim Berners-Lee. Brad Barket/Getty Sir Tim Berners-Lee is selling the code he used to create the world wide web - as an NFT. The NFT also includes a 30-minute animation and a letter written by Sir Tim. NFTs are products that operate as digital assets, but can't be directly exchanged with each other. See more stories on Insider's business page. Sir Tim Berners-Lee is selling the code he used to create the world wide web in 1989 as a non-fungible token (NFT).Sir Tim, who is Briti...
Tags: Trends, Bbc, Kay, Tim Berners Lee, Tim, NFT, Sotheby, Beeple, Mike Winkelmann, Grace Dean, Grace Kay, Tim Berners Lee Brad Barket Getty, Tim NFTs