How this NFT sold for $69 Million (Beeple)
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- เผยแพร่เมื่อ 20 พ.ค. 2024
- Check out our NFT: colinandsamir.mirror.xyz/
The $69 Million dollar Beeple (Mike Winklemann) NFT digital art sale at Christies Auction House, explained.
00:00 Intro
01:34 How Beeple got started
03:01 How Blockchain changed Digital Art
04:14 Beeple's first NFT drop
06:04 Why people pay millions for NFT's
07:05 When did Christies reach out to Beeple
08:25 The $69 Million Dollar Art Sale
09:35 Beeple's impact on the creator economy
12:29 Would we buy an NFT?
14:38 The Kings of Leon NFT
15:18 Auction vs Set Pricing for Creators
18:41 Why the NFT's Royalty Structure is amazing for creators
20:37 Anything is for sale
21:21 Be Careful buying NFT's
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It took him 13 years of hard work to become an overnight success.
was it 14 years?
@@InnerAnimations yes, but this is first 5000 days so it is about 13 years and 8 months
69 MEMES:)
@@Dude-ew5fd pretty much 14
Bill Gates vibe for sure lol. Love your channel. These NFT's are really fascinating!
people following nfts are just dumb bagholders
Dang, huge kudos to Beeple, I didn't know he was the guy on Corridor Digital's channel. I love the idea of audience based auction pricing for content creation, very fascinating.
found you the Hasselblad guy
@Hezekiah Danny nice try bot
Remember seeing this guy on corriders channel, and I was so impressed. So stoked to see his work pay off
Same, huge fan since then.
Wren is one of those pix :)
I've listened to hours and hours of podcast episodes on NFTs but you guys really put this conversation into a real-life perspective that's kinda of empowering. Props to you both for a great convo
Great video, that Owen Wilson WOW tho, lmaoooo!
Honestly the Beeple sale actually legitimised this whole NFT thing. The Logan Paul and NBA crap was just cashing in on a trend. Beeple is proof that NFTs solve the old-as-the-internet problem of being able to make a living off digital art.
idk, I would say that NBA found a new "trading card alternative". and of the major sports leagues in North America, they were the first to start an official esports league with 2k League
but, yeah beeple sales did help make NFTs a thing for digital artists
Nfts will change the world along with crypto... watch this space.
the struggles of making a living off art aren't exclusive to the digital realm, my bet is this will be a fad that fades in time.
We really live in an incredible time for artists.
So glad you decided to start a podcast.
Your breakdowns are always so good.
Great breakdown as always! Very interested to see how NFT’s end up being used by creators in the Twitch/TH-cam space! I know I’m definitely working on some hero/villain art cards/trading cards.
Great video. I had no clue what was up with these headlines before this video.
Btw it's super cool how this is clearly researched and planned but still comes across as a casual conversation.
I started my channel as a hobby in 2019. Hope to take it full time one day, your tips and insight for content creators is extremely helpful!
You guys keep killing it with the podcast story telling format! Love it!
Excited every time a Colin & Samir video shows up!!!!
This channel is equivalent to getting a digital transformation degree. Absolutely amazing to watch and learn from both of you!
Great video guys! I love the concept of people being able to potentially invest in the creators work and have the potential to share in the growth gain over time... I have always been interested in the TH-cam space as a potential revenue stream but would not necessarily want to be in the videos myself or involved in content structure. This could be a great way to allow creators to benefit from investment in their businesses without being tied to someone who would feel the need to control the content direction.
Would love another deeper dive into this space in the near future!
Such a great quality video. Thanks for the explanation Colin and Samir!
Crypto currency investment is here to stay especially the asset bitcoin if you can’t see that at this point its time you learnt more about it
Accurately spoken, this is the best thing I’ve heard in a while. You’ve got my point
You have to understand that crypto trading is not magic, the best way to make lucrative trades is to work with a pro
You’re right man. Though I learnt that the hard way
I lost over $15000 when I started trading before I finally heeded to advice and contacted an expert trades for me now
Something similar happened to me but I didn’t lose money. I traded with nothing to show for it until I contacted a pro who trades for me and returns profits
I’ve been a huge fan of your channel for awhile now. The content you guys produce is so top notch. I’d love to see shorter videos though. Some of me favorite videos you guys have made are the ones that are 10 minutes or less and they seem to get the most views as well. That being said I watch all your videos no matter the time haha. Love the content(:
I was a fan of Digital art recently, I love seeing the merge of tech and art together. I love seeing this transition we are seeing before our eyes. One day if I can afford, I'd love to buy an NFT
You can buy NFT's for $1 or less
I'm a 100% on the "starting to get it " side. I mean you guys opened my mind and particular knowledge on this new WAY OF LIFE AND THINKING. Tank you have an amazing channel.
I peeped that Seek Discomfort merch immediately. Love seeing fellow TH-camrs supporting each other.
Loving these NFT descriptions from you guys. great vid
Hey i love these videos so much! But I do miss the 5-12 min breakdown episodes, will those return?
Great episode guys, awesome breakdown of what just happened. Sounds like you really found your tone with these new videos for the last year. Keep them coming ✌️
Thank you for breaking down this fascinating time we are living in. I'm still trying to wrap my head around it. Definitely not at a place of speculating on art. However, it is interesting how the this NFT thing requires people to reevaluate EVERYTHING (like the diamonds example).
Thanks for sharing this is simply amazing
Great vid! love how you guys make NFTs simple and easy to unerstand
this video is so high quality & very informative. i love this time of content
Really appreciate you guys providing great insight on what NFTs are. I'm about it. I don't see why the market for NFTs wouldn't continue to grow.
I understand that you guys are mainly interested in how this will effect creators but its worth mentioning the environmental impacts behind NFTs as well, since this effects everyone. Would've been nice to at least acknowledge it. Maybe in a future video.
Beeple & Colen and Samir Keep creating your changing the world.
Colin & Samir, we want more episodes per week please
Great video, thank you for this!
The best explanation of what Beeple was doing is in the Corridor Crew's video "CGI Artist makes masterpiece every day"
Getting more grasp on this topic, thanks to you guys. I think it would be cool to invest into an NFT but not sure what I would have an emotional connection to...
This channel is under rated.
Also he was a guest in corridor a yt channel specializing in film effects
I'll go check out your other video too with Logan, because maybe you talk about this over there, but I'd really love to hear a lot more about why there's such an outcry for creators to NOT sell NFTs, specifically I'm thinking of Jacob Collier who cancelled the sale of his NFT because of a huge outcry from his fans regarding the environmental impact do to the mining. That seems like a huge part of the conversation that isn't addressed enough
Love the hat Colin! What brand?
Love the seek discomfort hoodie Colin
Your idea about a limited token that would supply content similar to patreon is actually stellar. Would not be surprised to see that implemented. Bravo
On diamonds: I actually believe there are several qualities that contribute to inherent value, such as beauty (not socialized, but true simple beauty), scarcity, and of course demand. If you see others interested, it reinforces it. So part of it is socialized (20th century ads starting the idea of a diamond engagement ring) but most of it is inherent. Like gold.
Love the explanation and conversation. Thank you! Agree that world changed. One thing you did not go into is fees and gas fees maybe a future one...
love that jumper colins wearing
Great vid. It helped me to understand NFT's and the internet better. Which in turn made me realize how little I know about the internet...or life. I wonder if Beeple feels smarter now...or is he just more confused than ever. As he counts all his money.
Forgive me if this question has already been asked but I wonder, as an artist and oil painter who has had his analog images converted digitally, can those digital images of analog art be applied the same way ?
I ask because I have a couple paintings in particular that I always thought were worth $1 million but could never connect with the right buyers. Anyone have any advice?
I remember seeing Mike in the Corridor Crew 45min render challenge! man swears every other second! I would say his style is like a surrealist 3D caricature/social-Political cartoon
From watching his streams it seems like he's got an asset library that would make Turbosquid blush and a super janky cooling system for his PC which allows him to make renders so fast.
19:50 I would argue that it's not new and visual artists have been using IG, Flickr, Behance, and even blogs to gain exposure for a while. NFTs made people pay attention.
I DO agree that the term "creator economy" will expand to be thought of anyone who makes creative things
nice vid, guys!
Very interesting! Nice video ✌️
Great video guys!! As a NFT artist myself, it was great to watch this, great points brought up
Your videos are almost like scripted podcasts, love it! Keep up the good work 🙂
Thanks for lucidly, playfully, and intelligently discussing this bizarre art phenomenon. Well done.
I don't know who, but someone actually needs to hear this, you've got to stop saving all your money. Venture into investing some, if you really want financial stability
Beautifully said, I tell my folks these words everyday. It's good to save money but most people don't understand the market moves and tend to be misled in facts like this and always depend on money in the bank.
I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do because i have no idea of how and where to invest in these?
Hey, this is a computer age. Peeps who aren't even traders make money from the crypto and forex markets ,how many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.
Very helpful, this is what I needed to hear today
If you think you're too busy to trade or learn how to trade, just know I have some friends who invest in a platform where experts devote their time and help them trade and generate a good ROI
Oh, the possibilities...
you guys rock.
Colin loooooww key has a Bill Gates vibe
Rocking that Seek Discomfort Merch!
It's amazing how art NFTs are increasing in number rn. I read on Twitter about this new marketplace called NFT Tech. They offer free minting fees. They also offer better prices unlike other platforms.
Ooooh Quite fascinating that content creation is now being recognized by the audience themselves, this will change how the artform is valued, now everyone matters. Let's see how many new investors will go join in and be successful in 10 years.
I do get a "Supreme" vibe from these ...
1) Starting to get it, but only slightly.
2) Right now, 0$, that's the highest I can give without fear of losing. If I had a absurd amounts of money, I would value your bts editing process at around 3-5 k $
NFTs as a trend is so what you would expect from the internet culture we are all apart of, but I have to wonder will it just be a trend with an expiration date or will it become a staple of this culture? Great video as always guys, I really look for forward to each Monday to see what you will bring!
I kinda hope it's a trend that fades, NFTs have a very real environmental impact.
Ppl u r gonna be the nxt best 'valued' podcasters, Mark my words
The thought of brands competing with audiences is a mind bender. Brands pay to get access to the audience, the audience buys the brand’s products, which funds additional ad spending. Now a brand has to compete to essentially remain a middle man - outbidding the audience for the access to the audience’s purchases rather than the audience supporting the creator directly. Whew.
Great channel guys!
I feel The same way about this channel. I’ve been watching since the beginning. And I like that!
Consistency increases perceived value!
these guys have the conversations I wish I could have with my friends
Loved the end haha
I thought I might as well create the very first Mr Beast NFT ... At this point you can do anything in the NFT space
colin repping seek discomfort ayyyyyyy
Very insightful guys!
Awesome content 👏🏾
Hey I love the Seek Discomfort hoodie :)
I am loving this podcast
huge bill vibe @colin
Great Video guys!
how do i turn pictures i have into NFT's?
NFT is the future of art. Make more videos about this, I am excited ❤️❤️
The interesting thing with NFTs and the ownership aspect of them. Is that when it comes to art Museums and the certificate of Ownership is important and in some cases is the only thing of real value, especially when it comes to art pieces that are meant to decay and have parts replaced. NFTs allow art museums to have that certificate of ownership for art pieces made for being consumed Digitally. Art is made with the experience of the viewer in mind (most of the time). And some are is made to only be experienced in the digital space. NFTs, give Museums the ability to invest in those types of art better than before.
Hello guys, thanks for the video. I want to know your thoughts on the enviromental damage caused by NFT CO2 print
love the insight
Guys you are genius!! love the content
Never painted in my life, got into painting and digital art 8 months ago... boy was it the right move!!
Just subbed to this channel, but holy shit, your teeth game is next level
Can you buy an NFT of digtal music? If you are an independent artist should you sell nfts of your songs?
Awesome, l like your videos guys! God bless you
I am 55 years old. I was just born :) today . right now actually. This is mind blowing. I have a headache. Its Fascinating! Liked and subscribed. Thank you for what you do.
im geting this
At least artist can make millions before they die 👍
If this is able to be sold and exchanged for money, isn’t it fungible? Or to be considered fungible does it have to be able to be interchanged with other “NFTs.” Still a little confused on that aspect.
Social currency! Not going to lie, sounds great! You guys are usually on the forefront of new shit
I've been following that guy for years, I had no clue he was the one who sold that nft! Omg that's amazing! Good for him, he deserves it
quality.
The project file having value to someone is very interesting...
Plz do these on the podcast channel
yall gana be on the Creator Economics podcast anytime soon?
Great video btw guys
EMP stands for Electro magnetic pulse.
yes I believe, good work gys!!
Great podcast!
Big Bill energy from Colin
Great Video! That Bill Gates vibe was on point. Hope to see more videos from you on the Creator Economy.