10-second artwork, sold for 6.6 million

Pablo Rodriguez-Freili, a Miami-based art collector. In October last year, he bought a digital artwork for about 67k USD. This 10-second work of art has opened the forehead of Pablo. Last week, Pablo sold the artwork for 66k USD.

Everyday: The First 5,000 Days is a work of art created by digital artist Bipli. His real name is Mike Winkelman. He has a digital signature in the artwork. It is basically a collage of five thousand different photos. Mike has confirmed that the artwork sold at Christie's auction house last week has that signature. This is not a fake.

That video artwork shows the giant Donald Trump (the former US president) collapsing to the ground. At this time his body was covered with slogans.

This is a completely new kind of artwork. This type of digital asset, built using blockchain technology that goes beyond conventional methods, is called a non-fungible token or NFT. The value of such works of art has increased among online art collectors during the Corona epidemic.

Pablo Rodriguez said, ‘I bought the work because I already knew about the work of digital artist Bipoli. I knew it was worth it. NFT artefacts are no less valuable than gold bars, shares or dollars. And each of these works of art is unique and unique. NFT is a popular marketplace for selling artwork. In January of this year, NFT digital artwork worth 8 million was sold at Opency. In February, the amount rose to 83 million. Even a year ago, NFT works worth a total of 1.5 million were sold on this platform. This shows how much digital art has been sold online during the Corona epidemic.

Noah Davis, a contemporary art analyst at auction house Christie's, said the attraction of NFT artwork to art collectors is growing rapidly. Earlier, it was not possible to earn more than 1 million dollars by selling such works of art in online auction.

And now an artwork has been sold for 6 lakh dollars. Even NFT artifacts are being bought at auction using cryptocurrency instead of conventional currency.