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The person who made 69 million dollars from NFTs four years ago is still making money.

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律动BlockBeats
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3 months ago
AI summarizes in 5 seconds.

Beeple, the man who once sold an NFT for a staggering $69 million, has long been regarded as a symbol of the golden age of NFTs.

Although the glory of NFTs has faded, Beeple and his team remain active in the NFT space. At this year's Art Basel, he brought back a "golden dog" to the currently quiet NFT market—Regular Animals.

Yesterday, several Regular Animals sold for over 10 ETH (approximately $35,000) on OpenSea, and this artwork was given away for free at Art Basel, with a total of 256 pieces. Based on this price, Beeple gave away NFTs worth nearly ten million dollars at Art Basel.

The project that Beeple and his team brought to Art Basel is Regular Animals. This consists of a bunch of robotic dogs, as shown in the image below. They look a bit eerie because these robotic dogs have human faces, and they are all famous figures, such as Elon Musk, Andy Warhol, Mark Zuckerberg, Picasso, and even Beeple himself.

Of course, it’s not just the eerie visual effect; these robotic dogs observe their surroundings with cameras in their heads and use an evolving visual algorithm to create artworks.

The celebrities represented by these robotic dogs were not chosen randomly. They were selected because they have influenced the way humans perceive the world, whether through algorithms, art, or politics. As humans, we observe the world through these perspectives, and so do these robotic dogs. At Art Basel, these robotic dogs and humans observed each other, and each moment of observation became an artwork created by these robotic dogs, which also serves as a kind of autobiography for them.

Interestingly, Regular Animals also has a physical series, totaling 1,024 pieces. On eBay, someone has already listed one for a fixed price of $6,500. The market suggests that NFTs are worth much more than physical artworks, reminiscent of Damien Hirst's "The Currency" series from years ago, which allowed holders to choose between physical and NFT versions.

Before achieving great success in the NFT field, Beeple had been creating artworks daily since 2007 but had never sold anything for more than $100. After gaining fame and fortune, Beeple did not squander his wealth like some artists or crypto project founders. He acquired a studio/gallery of about 460 square meters and assembled a team of dozens of 3D artists, engineers, and researchers (including former Boeing engineers), inviting former director of the Castello di Rivoli Museum of Contemporary Art, Carolyn Christov-Bakargiev, as an advisor, continuously exhibiting at art shows around the world and creating new artworks.

Beeple's robotic dog exhibition has garnered attention in the crypto space due to its pricing and has also been reported by traditional media outlets like the WSJ.

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