People who made $69 million from NFTs four years ago are still making money

Written by: Cookies, Rhythm

beeple, the man who sold 1 NFT for a sky-high $69 million, has long been regarded as a symbol of the beginning of the golden age of NFTs.

Although the NFT glory is gone, beeple and his team have remained active in the NFT circle. At this year’s Art Basel, he once again brought a “golden dog” to the currently deserted NFT market - Regular Animals.

Yesterday, several Regular Animas sold on OpenSea for more than 10 ETH (about $35,000), and this work was given away for free at Art Basel, with a total of 256 pieces. At this price, beeple gave away nearly $10 million worth of NFTs at Art Basel.

The project that beeple and his team brought to Art Basel is Regular Animas. This is a bunch of robot dogs, as shown in the picture below, they look a little depressed, because these robot dogs have human faces, and they are all well-known figures, such as Musk, Andy Warhol, Zuckerberg, Picasso and even Beeple himself.

Of course, it’s not just about looking depressed, these robot dogs use the camera on their heads to observe their surroundings and use a logic of visual algorithms that can evolve to create art.

And the celebrities played by these robot dogs are not randomly chosen, and the reason why the above celebrities are chosen is because they have had an impact on the way humans see the world, whether through algorithms, art or politics. We, as humans, see the world through these lenses, and so do these robot dogs. At Art Basel, these robot dogs and humans observed each other, and one moment after another became the works of art created by these robot dogs, and these works of art were also like the autobiographies of these robot dogs.

Interestingly, Regular Animas also has a physical collection, which has a total of 1024 pieces. On eBay, there are already people listing it for a fixed price of $6500. The market is priced at NFTs being far more valuable than physical paintings, reminiscent of Damien Hirst’s “The Currency” series many years ago, allowing holders to choose between physical and NFT.

Before its success in the NFT space, beeple had been creating art every day since 2007 but had never sold for more than $100. He owns a studio/gallery of about 460 square meters, assembles a team of dozens of 3D artists, engineers and researchers (even former Boeing engineers), and invites Carolyn Christov-Bakargiev, former director of the Contemporary Art Museum of Rivoli Castle, as a consultant to continuously exhibit in art exhibitions around the world. and create new works of art.

beeple’s robot dog exhibition has not only attracted attention in the cryptocurrency circle because of its price, but has also been reported by traditional media such as WSJ.