29 million dollars for a NFT. Beeple does it again

Although the phrase “in all of history” is still very brief in the case of NFTs, the data is extremely surprising. In March of this year, Beeple sold for $69.3 million “Everyday’s: The First 5,000 Days for a whopping”, the most expensive NFT piece in history. A fact that went around the world and was widely known. A few days ago the same artist, Beeple, did it again.

Beeple creó una escultura 3D llamada Human One. La pieza mide 2 metros de altura en una caja de aluminio pulido y una pantalla de video cubriendo cada lado. Se puede acceder a las imágenes que la componen desde la BlockChain Ethereum.

The piece is actually ambitious in that it is not only about a NFT linked to a tangible piece of artwork. The “First Human of the Metaverse” is a piece that the artist himself plans to update throughout his life. The intention of Beeple’s besides creating a link with the owner of the work, is to represent in this piece of NFT art the constant evolution of the world.

This Tuesday, November 9, beeple managed to sell HUMAN ONE for US$28.9 millionThe buyer was a Swiss collector. This sale adds to the surprising streak of Beeple, whose real name is Mike Winkelmann, who last March sold for $69.3 million “The First 5,000 Days for a whopping” which is ultimately the most expensive NFT piece ever sold.

That is to say that Human ONE is the second most expensive NFT work in history, y pertenece al mismo creador. Esta pieza además es la primera obra de arte física de Beeple, y  aunque es difícil saber si vale lo que costó, la realidad es que se trata de una pieza bastante bien lograda en términos estéticos y conceptuales. El cajón de aluminio con pantallas en cada cara es inquietante.

Human ONE on the other hand, it is a piece that also opens the conversation in two ways. First, with respect to the value of NFTs, ya que como menciona el propio Beeple, existe el temor de que los NFT están convirtiéndose en una burbuja, tal como pasó en los noventa con el auge y la caída de los “.com”.

NFT expert Gary Vaynerchuk thinks something similar, “The conversation is about to get very interesting as we get into an NFT winter, because there is too much short-term greed, and supply and demand issues.”

Secondly, The Human ONE puts into context something that a few days ago was only a projection. The Updatable NFTs as a new stage in the evolution of this sector. As the auction house where the sale took place, Christie ‘s mentioned about this piece “It is an eternally contemporary work of art”. Since it will gradually be updated by the artist himself.

Perhaps beyond the sheer number, The Human ONE is more relevant than the precedent of Beeple itself, because regardless of its financial implications, it sets the stage for the course of NFTs in the future.