The Person Who Made $69 Million from NFTs Four Years Ago Is Still Making Money

marsbitPublicado a 2025-12-09Actualizado a 2025-12-09

Resumen

Four# 1st-Project This is my first project

Author: Cookie

Beeple, the man who sold one NFT for a staggering $69 million, has long been seen as a symbol of the golden age of NFTs that once was.

Although the glory of NFTs has faded, Beeple and his team have remained active in the NFT circle. At this year's Art Basel, he brought another "golden dog" to the currently quiet NFT market—Regular Animals.

Yesterday, multiple Regular Animals sold for over 10 ETH (approximately $35,000) on OpenSea, and these works were given away for free at Art Basel, with a total of 256 pieces. At this price, Beeple essentially gave away nearly ten million dollars worth of NFTs at Art Basel.

The project that Beeple and his team brought to this Art Basel is precisely Regular Animals. These are a bunch of robot dogs, as shown in the image below. They look a bit eerie because these robot dogs have human faces, and they are faces of well-known figures like Musk, Andy Warhol, Zuckerberg, Picasso, and even Beeple himself.

Of course, it's not just the eerie visual effect; these robot dogs use the cameras on their heads to observe their surroundings and employ an evolving visual algorithm to create artworks.

The celebrities these robot dogs portray were not chosen arbitrarily. The reason for selecting the aforementioned figures is that they have influenced how humans view the world, whether through algorithms, art, or politics. As humans, we observe the world through these perspectives, and so do these robot dogs. At Art Basel, these robot dogs and humans observed each other, and the moments of observation became the artworks created by these robot dogs—artworks that also serve as autobiographies for these machines.

Interestingly, Regular Animals also has a physical series, with a total of 1,024 pieces. On eBay, someone has already listed one for sale at a fixed price of $6,500. The market's valuation suggests that NFTs are far more valuable than physical paintings, reminiscent of Damien Hirst's "The Currency" series years ago, which forced owners to choose between the physical and the NFT.

Before achieving great success in the NFT field, Beeple had been creating art every day since 2007 but had never sold anything for more than $100. After achieving fame and fortune, Beeple did not splurge like some artists or crypto project teams. He acquired a studio/gallery of about 460 square meters, assembled a team of dozens of 3D artists, engineers, and researchers (even including a former Boeing engineer), invited Carolyn Christov-Bakargiev, the former director of the Castello di Rivoli Museum of Contemporary Art, as an advisor, continuously exhibited at art shows around the globe, and created new artworks.

This exhibition of Beeple's robot dogs has not only gained attention in the crypto circle due to its price but has also been covered by traditional media like the WSJ.

Preguntas relacionadas

QWho is the artist that sold an NFT for $69 million four years ago?

ABeeple.

QWhat is the name of the new NFT project Beeple launched at the Art Basel exhibition?

ARegular Animals.

QHow many Regular Animals NFTs were given away for free at Art Basel, and what was their estimated total value based on secondary market sales?

A256 NFTs were given away, with an estimated total value of nearly $9 million based on sales of over 10 ETH (approx. $35,000) each.

QWhat unique feature do the Regular Animals robot dogs have that allows them to create art?

AThey use cameras in their heads to observe their surroundings and a continuously evolving visual algorithm to create artworks.

QBesides the NFT collection, how many physical pieces are in the Regular Animals series, and what was one listed price for a physical piece on eBay?

AThere are 1024 physical pieces, and one was listed for sale on eBay at a fixed price of $6,500.

Lecturas Relacionadas

Bitcoin Boom in Full Swing: Saylor's Latest Statement Fuels Buying Speculation

MicroStrategy's Executive Chairman Michael Saylor has fueled speculation about a new Bitcoin purchase by posting "Bitcoin Drive engaged" on August 2, accompanied by the company's customary purchase tracker. This aligns with his pattern of hinting at treasury changes ahead of weekly reports. The accompanying report showed MicroStrategy's Bitcoin holdings at 843,775 BTC, with an average cost of $75,653 per coin and an unrealized loss of -$10.58B. A similar signal preceded the company's July 27 announcement, strengthening expectations for a treasury update on Monday. However, MicroStrategy's real-time ledger reflects two recent Bitcoin sales totaling 3,588 BTC, reducing holdings from 847,363 BTC to the current 843,775 BTC. The company stated these sales funded preferred stock dividends and replenished its U.S. dollar reserve. Recent reports indicate the company made no Bitcoin purchases the week ending July 26 while increasing its dollar reserve to approximately $3.75B. The company faces financial headwinds after reporting an $8.33B operating loss for Q2 2026, including an $8.32B unrealized loss on its digital assets. Management may sell up to $1.25B more in Bitcoin to meet cash obligations. The expected Monday update will reveal if the "Bitcoin Drive" signal marks a return to accumulation as MicroStrategy balances its massive Bitcoin stash against growing cash commitments.

cryptonews.ruHace 2 hora(s)

Bitcoin Boom in Full Swing: Saylor's Latest Statement Fuels Buying Speculation

cryptonews.ruHace 2 hora(s)

Trading

Spot
活动图片