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In Britain, a 10-second video clip was sold at an auction for $ 70 million: what is its specialty (video)

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Jiya Saini
Jiya Saini is a Journalist and Writer at Revyuh.com. She has been working with us since January 2018. After studying at Jamia Millia University, she is fascinated by smart lifestyle and smart living. She covers technology, games, sports and smart living, as well as good experience in press relations. She is also a freelance trainer for macOS and iOS, and In the past, she has worked with various online news magazines in India and Singapore. Email: jiya (at) revyuh (dot) com

On March 11, a 10-second video for “Everydays: The first 5000 days” was auctioned for nearly $ 70 million.

This was reported on the Facebook of the Christie’s auction house.

Bidding started at just $ 100 per lot for Beeple’s and ended on March 11 at a whopping $ 69,346,250.

“This was the first purely digital artwork based on NFT technology – first purely digital Non-Fungible Token (NFT) to be sold by a major auction house and set additional world records, including the highest price for any digital artwork, the highest price for any lot in an online auction, and the highest price for any online auction to date, ” wrote the auction house on Facebook.

“Not unlike the advent of Street Art as a blue chip collecting category, NFT-based art is on the threshold of becoming the next ingeniously disruptive force in the art market,” says Noah Davis, a specialist in post-war and contemporary. “Christie’s is proud to be in the vanguard of this exhilarating movement.”

Davis briefed Beeple as “a brash pioneer among digital artists” and called “Everydays — The First 5000 Days” a “monumental work.”

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