#metapurse

[youknows-design]

The Most Expensive NFT Artworks

The world of NFT and Blockchain is just getter bigger and more dense, now they have many forms and even clothes are getting in this world, artwork takes the biggest cut of the cake since it forms most of the world of Non Fungible Tokens. Today I will be showing you the Most Expensive NFT artworks even been sold!!. If you thought that Jimmy Fallon’s $216.000 purchase of the bored ape yachtclub is hyped then you need to check this list of the Top 5 Most Expensive NFT Ever Sold and see how the prices of these digital art pieces have skyrocketed!!.

5.CryptoPunk #3100 – $7.58M

 CryptoPunk #3100 is created by Larva Labs of and it’s one of the 9 Alien Punks series which is one the most expensive NFT art collections. The collection contains 10,000 unique collectible NFT characters with proof of ownership stored on the Ethereum blockchain. It was originally released in 2017, In March 2021 it reached a price tag of $2 Million in bidding but was sold a few days after this bid for a higher price of $7.58 millions. If you want this piece of art and already have $7.58 millions still you won’t afford it since it’s currently for sale for a whopping $100 millions!!, IMPRESSIVE..!!

4.CryptoPunk #7523 – $11.75M

CryptoPunk  #7523 is also a part of the 9 Alien Punks NFT series created by Larva Labs which exists on the Ethereum blockchain.

This collectible which is famous as “Covid Punk” was sold at the Sotheby’s auction house in London for an epic price of $7.58 millions

On June 2021.

3.Human One NFT- $29.98M

The new NFT sculpture is a generative work of art, it features a dynamically changing

hybrid physical and digital piece, which the artist intends to seamlessly add and

evolve creatively over the course of his lifetime It was created by the world’s most

famous digital artist Michael Winkelmann who is widely known with the pseudonym

Beeple, it’s the artists first attempt on physical NFT art.

On December 9, 2021, this beauty was sold at Christie’s for $29.98 millions to the crypto billionaire Ryan Zurrer.

2.Everydays: The First 5000 Days – $69.3M

Everydays: The First 5000 Days is another masterpiece by Beeple and actually

his most successful and also the most expensive work till now. In 2007 the artist

committed himself to create and post an artwork every single day and so he did,

13 and a half years later he combined the 5000 artworks together forming the

above one of a kind piece of digital art ever created. It was the first ever digital art

NFT to be offered at Christie’s. This Artwork was sold for a hefty price of $69.3 millions to

the crypto billionaire Vignesh Sundaresan who is better known by the pseudonym

MetaKovan, founder of the NFT investment fund Metapurse.

1.Merge NFT- $91.8M

This NFT is created by the digital artist who goes by the pseudonym PAK, his

latest creation is this art piece which is sold for a whopping price of $91.8 millions

on the Nifty Gateway, which is a leading NFT marketplace. It’s considered as the

most expensive digital art sold publicly by a living artist to date as well as the most

expensive NFT ever sold.

For more similar posts feel free to check my Blog.

#nft collectibles #nft collection #metaverse #eth #blockchain

[newsinofficial]

But, who spends $69 million on digital art?

#anandvenkateswaran #auctionspaces #beeple #Christies #luxuryart #metakovan #metapurse #metaverse #MikeWinkelmann #nftartindia #nonfungibletoken #vigneshsundaresan

[kamikazepizza]

Holy shit im old. 500 dolláros digitális jegyet venni egy digitális kép első legális élő kiállítására.

[kinetoons]

NTF is just money laundering done fancy

If you cut through all the singularitard technobabble about some digital artist making a ludicrous amount of digital money in an auction, you find that the real story should really be  about the buyer - a shady, faceless entity calling himself Metakovan, who conveniently also runs the mayor NTF handler, Metapurse.  Turns out Metakovan has been cornering the market of NTF art creations for some time, thereby successively increasing the nominal value of mr beeple_crap´s digital NTF creations long before he made it into Christies. 

I think it’s fair to say that Metakovan and beeple_crap have been very beneficial for one another, and yet they’ve never been spotted in the same place for some reason. And of course, until beeple_crap actually cashes some of his checks, all that money he’s been given by Metacovian and Metapurse remains hypothetical, since NTF operates on the same fiat currency market as bitcoin. Funny how that all works out.

For all of you art nerds who are as bored of Bitcoin as I am: this is essentially Damien Hirst’s diamond encrusted skull all over again, but without even having to first put the down payment on the actual raw materials to create the “art”. 

Essentially Metakovan & beeple_crap has found a way to increase the monetary value of a digital file just by declaring themselves experts and then declaring a random object to be valuable. And as a synergy effect, it also serves a publicity stunt to draw in more suckers to Metapurse.  

But it’s all actually an old racket, only the digital framing is new here:

#NTF #Christies #art auctions #Beeple #Metakovan #market speculation #the internet isn't real #non-fungible token #non-fungible tokens #digital art #art appraising #NTF is bullshit #Christie’s #the ship of theseus

[eucanthos]

business unusual

Nyan Cat (Fungible)

A Non-Fungible Token artwork is made up of two things. First, a piece of art, usually digital, but sometimes physical. Second there is a digital token representing the art, also created by the artist.

Christie’s to auction its first blockchain-backed digital-only artwork: Beeple’s Non-Fungible Token (jpg). 21,069 x 21,069 pixels (319,168,313 bytes). Minted on 16 February 2021. Sold for $69,346,250 in a single lot sale

Burnt Banksy: NFT was created upon the burning of the original “Morons” print #325 of 500, owned by GALAXY, (MetaKovan, the pseudonymous founder of NFT fund Metapurse, is the owner of Beeple NFT)

NFT art: the bizarre world where burning a Banksy can make it more valuable. March 5, 2021 – The Conversation

Like Bitcoin, NFTs (non-fungible tokens) are cryptocurrencies. But whereas individual bitcoins all have the same value, NFTs are more like baseball cards. Each token has a different value and they can’t be used to buy things. They exist on your computer as digital representations of artworks, songs, films and games, among other things.

NFTs have been around since 2017, when the first mainstream experiment in crypto-collectibles emerged: CryptoKitties. The average price for one of these cat cards was about US$60 back then. But that’s chicken feed compared to current takings. Rights to a single digital image recently sold at auction for US$69.3 million (£50.2 million). CryptoPunk 7804 (a crudely drawn alien with a pipe) sold for US$7.5 million. A house on Mars was purchased for US$500,000. A digital house that is...

When you buy an NFT, you’re buying a unique certificate of ownership, which is locked away on an immutable distributed database known as a blockchain. The creator of the artwork generally retains the copyright and in most cases, you own little more than bragging rights. Creators are also likely to pass the costs for creating your NFT files (or “minting” them) on to you (around US$100 as I write this).

Most of the time, what you’ll also be responsible for is an enormous carbon footprint.

NFTs: why digital art has such a massive carbon footprint

April 1, 2021 

Because they depend on a blockchain, NFTs use a lot of energy. Most creators still use Ethereum, a blockchain secured using a similar proof-of-work system to Bitcoin. This involves an energy-intensive computer function called mining. Specialist mining computers take turns guessing the combination to a digital lock (a long string of random digits). The computer that correctly guesses the combination wins a reward paid in a cryptocurrency called Ether. The digital lock resets roughly every 15 seconds, and the competition continues. Ethereum uses about 31 terawatt-hours (TWh) of electricity a year, about as much as the whole of Nigeria. – The Conversation

#NFT #Beeple #Banksy #bitcoin #digital #internet #odd #destruction #burn #digital collage #money #commercial #capitalism #news #meme #research

[shahabofficial]

Spectral, an Ethereum-based programmable reputation protocol, has completed a $6.75 million funding round led by Polychain Capital.

Spectral, an Ethereum-based programmable reputation protocol, has completed a $6.75 million funding round led by Polychain Capital.

According to a Globenewswire report, Spectral, an Ethereum-based programmable reputation protocol, has announced completion of a $6.75 million funding round, with Polychain Capital leading the investment. Investors include Galaxy Digital by Mike Novogratz, Social Capital, ParaFi Capital, Edge & Node Ventures (The Graph) by Chamath Palihapitiya and MetaPurse Ventures. Spectral develops the…

View On WordPress

[bitinfonews]

Wilder World's #Wiami to Host Beeple Everydays in Metaverse-First Expertise

Wilder World’s #Wiami to Host Beeple Everydays in Metaverse-First Expertise

Wilder World, an immersive 5D Metaverse and in style group, has teamed up with Metapurse to convey a brand new interactive Souk landmark to #Wiami. The Souk inside #Wiami can be an entire Metaverse expertise and convey collectively a few of the most iconic NFT artwork, corresponding to Beeple’s Everydays: The First 5,000 Days. Everydays: The First 5,000 Days is most notably recognized for being…

View On WordPress

[ondequandos-blog]

NFT Art Fans Can See Beeple's $ 69 Million Coin In Person

NFT Art Fans Can See Beeple’s $ 69 Million Coin In Person

Despite their horrible effect on the planet, NFTs are unfortunately still in fashion. Now you can spend the cash to watch a whole bunch of NFT artwork, including the most expensive piece ever sold—Beeple’s EVERY DAY: THE FIRST 5,000 DAYS, at a festival in New York. Organized by the Metapurse crypto fund, during the day the Dreamverse Festival will feature a gallery of artwork from over 150…

View On WordPress