Art prices in a ‘bubble’, says Beeple after his record sale


NFT art is in a bubble, says Beeple, the digital artist who this month sold a non-fungible token (NFT) of his artwork “Everydays: The First 5000 Days” for an eye-watering US$69.3mil (RM283mil).

“I absolutely think it’s a bubble, to be quite honest. I go back to the analogy of the beginning of the internet. There was a bubble. And the bubble burst. But it didn’t wipe out the internet. And so the technology itself is strong enough where I think it’s going to outlive that, ” said Beeple, whose real name is Mike Winkelmann.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Related stories:

Techie out to prove himself

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

NFT art , digital artist , bubble

   

Next In Aseanplus News

Heatstroke kills 30 in kingdom
Breaking a sweat over intense heat
Thousands pray for rain amid heatwave
Zoo, forced to close over animal cruelty, reborn as rehab centre
Beating US in sci-tech
Spices Board probes pesticide complaints
Tough job ferrying voting machines
‘Golden rice’ production blocked over safety fears
Boris Becker to be discharged from bankruptcy - lawyer
Soccer-FIFA signs four year worldwide partnership deal with Saudi Aramco

Others Also Read