A digital collage by American artist Beeple sold on Thursday for a record US$69.3mil (RM285mil) at Christie's auctioneers, as virtual art rapidly establishes itself as a new - and highly profitable - creative genre. Everydays: The First 5,000 Days became the most expensive ever "non-fungible token" (NFT) - a collectible digital asset that uses blockchain technology to turn virtual work into a unique item. The 39-year-old artist said that his work, on a JPEG, had "as much craft, message, nuance and intent as anything made on a physical canvas." A detail shot from Beeple's digital collage 'Everydays: The First 5,000 Days'. Photo: ReutersEverydays was the first purely digital NFT work of art to go under the hammer at a major auction house.

Source: The Star March 12, 2021 04:35 UTC