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Beeple NFT At Christie’s Could Fetch As Much As $20 Million In Record Sale
A digital collage by the artist Beeple will fetch a record amount at a Christie’s auction concluding Thursday morning, further heightening attention around an emerging type of virtual art called non-fungible tokens or NFTs. “5,000 Days” has vaulted from a starting minimum bid of $100 on Feb. 25 in the online sale to $13.25 million on Wednesday afternoon—with 18 hours still to go. Even if sold at its present price, the picture would be the most-expensive NFT ever sold, beating out the $6.6 million paid last week for another Beeple work, a 10-second video. Where will bidding end? Christie’s didn’t offer an ... (full story)