CryptoPunk and Beeple NFTs Featured at Sotheby’s Digital Art Day Sale

Today is a unique occasion being held by Sotheby’s, a famous 280 year old British auction house. The Digital Art Day Sale event features the auctioning of unique NFTs, including works by Beeple and CryptoPunk. The event started at 14:00 EST and until August 22. 

The sale explores generative art, a creative process that combines art and technology through algorithms. This event also honors pioneering women who have significantly impacted the digital art world with their innovative work.

Highlighted CryptoPunk NFT for Sale

A CryptoPunk NFT called Punk491.png is one of the important items up for bid. It is a digital collector product of Larva Labs, made up of 10,000 distinct figures produced by algorithms. Located on the Ethereum blockchain as an NFT, each CryptoPunk is a 24×24 pixel image that depicts various characters such as people, zombies, apes, or aliens.

CryptoPunks, launched in 2017, is one of the first NFTs to show ownership of original digital content on the blockchain. In 2021, Sotheby’s sold CryptoPunk #7523 for $11.8 million. This CryptoPunk was an Alien type, noted for its blue-green skin tone.

Another important item from the sale is a work by Beeple, whose real name is Mike Winkelmann. Beeple is well-known for his significant work in the NFT space. He is a digital artist and graphic designer. Beeple’s NFT titled “Everydays: The First 5000 Days” sold for $69.3 million at Christie’s in March 2021. This sale set a record for digital art.

Beeple’s Ongoing Influence in Digital Art

Beeple’s work keeps expanding the limits of digital art and NFTs. His pieces frequently explore how technology and creativity come together, making him an important figure in the digital art scene. The auction of his work at Sotheby’s highlights his impact in this area.

Sotheby’s is marking the Digital Art Day Sale as a key moment in the art market’s development. The auction connects traditional art collecting with the future of digital art. This event is about more than just selling art; it’s also about celebrating innovation and the new opportunities provided by digital formats.