On March 11, Christie’s sale of Beeple’s (Mike Winkelmann) Everydays: The First 5,000 Days (2021) NFT ended at a record-shattering and mind-boggling price of $69,346,250! According to the ARTnews article, Christie’s reported that among the bidders, 55 percent were based in the U.S., 27 percent in Europe and 18 percent in Asia, with 64 percent of those participants in the Millennial and Gen Z age group (under 40 years old). Someone needs to explain to me how that is possible? It seems there is way too much money out there.
Is Beeple the equivalent of van Gogh, Rembrandt, Picasso, Cezanne, and da Vinci? Guess time will tell if this is real or just a flash in the pan!