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Digital art by Beeple sells for $69.4 million amid NFT boom

This undated photo released by Christie's on Thursday, March 11, 2021 shows a digital collage...
This undated photo released by Christie's on Thursday, March 11, 2021 shows a digital collage titled “Everydays: The First 5,000 Days," by an artist named Beeple.(Christie's via AP)
Published: Mar. 11, 2021 at 3:50 PM CST
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LONDON (AP) — Christie’s says it has auctioned off a digital collage by an artist named Beeple for nearly $70 million.

It was an unprecedented sale of a digital artwork that fetched more money than physical works by many better known artists. The artwork, titled “Everydays: The First 5,000 Days,” sold for $69.4 million.

The auction house said Thursday’s sale puts Beeple among the top three most valuable living artists.

This undated photo released by Christie's on Thursday, March 11, 2021 shows a digital collage...
This undated photo released by Christie's on Thursday, March 11, 2021 shows a digital collage titled “Everydays: The First 5,000 Days," by an artist named Beeple.(Christie's via AP)

Christie’s said it also marks the first time a major auction house has offered a digital-only artwork with a non-fungible token as a guarantee of its authenticity.

Known as NFTs, they have swept the online collecting world recently.

Copyright 2021 The Associated Press. All rights reserved.