Beeple Explains His $69 Million Sale & The Future Of NFT’s
Valuetainment
Valuetainment Episodes
4.8 • 1.7K Ratings
🗓️ 19 March 2021
⏱️ 43 minutes
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Summary
Patrick Bet-David has a virtual sit-down with Digital and graphic designer Mike Winklemann aka Beeple to talk about NFT's and how he sold his artwork for $69 million.
Transcript
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| 0:00.0 | The NFTs is really just a proof of ownership. |
| 0:02.5 | What can this thing go next? |
| 0:03.9 | It's something that I think is gonna be around for quite a while. |
| 0:07.0 | We barely scratch the surface. |
| 0:08.6 | Most people still have no clue what a Bitcoin is. |
| 0:12.0 | Well, kid's hate corporation. |
| 0:13.8 | Do you see any regulatory or the government getting involved? |
| 0:17.7 | Like we saw with GameStop, those rules could change on a dime. |
| 0:21.6 | And it's like, oh, here's a new rule. |
| 0:23.3 | Don't like it. |
| 0:24.4 | Go fuck yourself. |
| 0:25.5 | So I want you to think about one day you wake up and you start working with these things |
| 0:33.2 | called NFTs. |
| 0:34.2 | And you design this one thing called NFT. |
| 0:36.4 | You name it every day's series, NFT, and you go into auction with it on February. |
| 0:43.0 | I want to say what is it, 26th? |
| 0:45.6 | You go on auction with it. |
| 0:47.7 | And a few days later on March 11th, this thing goes from $100, which was day 1, February |
| 0:54.1 | 26th. |
| 0:55.1 | The auction started at $100. |
| 0:57.1 | On March 11th, with exactly one hour and 18 minutes left, it's at $14.75 million. |
| 1:04.2 | You're sitting there with your family, your kids, everybody in the living room. |
... |
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