Beeple on How and Why He Raked In $3.5 Million - Ep.156

Mike Winkelmann, the digital artist also known as Beeple who has made an artwork every day for over 13 years, talks about the NFT auctions he held last weekend, after learning about crypto two months ago. In the show, he discusses:

how he got into crypto two months ago, and made $3.5 million in NFT auctions last weekend

how the objects on sale were more than just jpegs and what physical objects came with the NFTs

what types of auctions he had, and why some pieces were available for $1 apiece

how he previously made money as a digital artist

how he believes digital artists will be able to make money in the future

why people would pay to own an NFT if they can just get a digital file of the art

why he incorporated physical objects into his sale

whether or not this model would work for artists with smaller followings than he has, with his 1.7 million Instagram followers

what his relationship was with the collector who paid $777,777 for the final piece sold in the auction

why he chose Nifty Gateway among all the NFT sites

how NFTs could also change business models for other types of creators besides visual artists

Thank you to our sponsors!

Blocknative: Blocknative.com/unconfirmed 

Crypto.com: http://crypto.com

Episode links:

Mike Winkelmann: https://twitter.com/beeple

Video for auction: https://www.instagram.com/p/CIlNe6MAwVX/?utm_source=ig_web_button_share_sheet

Instagram video showing the digital art displays: https://www.instagram.com/tv/CIrMctwgfJ1/?utm_source=ig_web_copy_link

Coverage of auctions: 

https://www.delphidigital.io/reports/beeple-shatters-crypto-art-records-across-the-board/

https://cryptobriefing.com/digital-art-auction-raises-record-million/

https://decrypt.co/51270/beeple-nft-sale

https://twitter.com/niftygateway/status/1338268375156482050?s=20

Rapper Lil Yachty's NFT sale: https://www.coindesk.com/lil-yachty-collectible-fetches-16k-in-latest-string-of-high-profile-nft-auctions

Link to the Crypto News Recap:

https://unchainedpodcast.com/3-btc-price-targets/