Digital artist Beeple's "Everydays" NFT just became the third-most expensive item ever sold at auction for a living artist, going for $69.3 million in Ethereum after a weeks-long Christie's auction.
Beeple, whose real name is Mike Winkelmann, is perhaps the most well-known and well-respected NFT artist. Leading up to the Christie's auction, a previous Beeple artwork sold for over $6 million.
The obsession with NFTs has led to a whirlwind of digital object sales, ranging from Jack Dorsey's first tweet to exclusive, limited edition NBA products. Whether or not the NFT art market will last remains to be seen; Vlad Ginzberg, the founder of NFT-marketplace Blockparty, warned the current market was "very frothy" in a conversation with Protocol last month.