A JPG file has just been sold for $ 69 million after NFT is attached

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2021-04-02 13:02:57

Everydays – The First 5000 Days, is the most expensive JPG file ever when sold for $ 60.25 million (including a buyer fee of $ 69.3 million) in an auction. This amount is paid out in cryptocurrency.

Everydays – The First 5000 Days is a digital artwork by graphic designer Mike Winkelmann, nicknamed Beeple.

Everydays – The First 5000 Days.

Everydays – The First 5000 Days is not an ordinary JPG file, it includes a set of Beeple images created every day since 2007.

This past February, this Beeple photo collection was attached to an NFT (non-fungible token) that uses blockchain technology to certify the work’s authenticity and current owner – like a signature. indelible in its origin. Technically, anyone can view or download these works to their device because they are all in digital file format.

This is similar to the million dollar works of art purchased by exhibitors and then exposing them to the public. Anyone can view it, but the owner only has one.

Some details in Beeple’s Everydays – The First 5000 Days artwork.

What the buyer gets after paying nearly $ 70 million is just a digital file with some vaguely worded rights to the presentation. However, Beeple is expected to work with buyers to find a way to physically display the work, such as projecting it on an indoor TV or on a building’s wall.

To see details about the most expensive JPG file in the world today, please visit the link below.

https://www.christies.com/img/LotImages/2021/NYR/2021_NYR_20447_0001_001(beeple_everydays_the_first_5000_days034733).jpg

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