The digital artist known as Beeple has sold a sculpture with an accompanying non-fungible token (NFT) for US$29mln in an auction hosted by Christie's.
‘Human One’, as the sculpture is called, was bought by a collector in Switzerland, who beat off bids from Hong-Kong and New York.
Standing at 7ft tall, the NFT is a 3-D video sculpture that depicts a striding human, dressed in silver and wearing an astronaut helmet, striding through an ever-changing landscape in a four-by-four box.
Beeple, born Mike Winkleman, claims the piece is supposed to portray “the first portrait of a human born in the metaverse”.
READ: Sotheby’s metaverse auction pulls in US$17mln as it heads towards a close
Like most NFTs, it is accessible through the Ethereum blockchain.
This is not first NFT sale of an artwork from Beeple by Christie's.
Back in March, the company held a sale of a collection of Beeple’s work titled ‘Everydays: The First 5000 days’ selling for an impressive US$69mln.
Sotheby's have also hosted its own NFT sale this year, with its week-long 'metaverse' auction bringing in over US$17mln in October.