Since May 2007, US-based digital artist Mike Winkelmann (who goes by the name Beeple) has posted a new artwork online every day. He posted the 5,000th one in January, and has now packaged them into an enormous digital collage titled Everydays: The First 5000 Days, which will be auctioned online by Christie’s on February 25.
The work will be sold in purely digital form, as a 21,069 × 21,069-pixel JPEG file and a “non-fungible token” or NFT. NFTs use blockchain technology to give the successful bidder unquestioned ownership of the work.
Read more: Blockchain is useful for a lot more than just Bitcoin
NFT artworks are becoming a serious business. Last year, Beeple made US$3.5 million on an NFT auction.
But the entry of a global blue-chip auction house like Christie’s into this domain may mark a new stage for blockchain technology, as a widespread tool for both maintenance and transformation of digital art markets.
Christie’s claims the sale of Everydays is the first time a major auction house has offered a purely digital artwork. Christie’s has sold digital works before, including videos (such as Ryan Trecartin’s A Family Finds Entertainment in 2013) and software-based installations (such as teamLab’s Ever Blossoming Life – Gold in 2018).
But these were accompanied by physical trappings, such as certificates of authenticity or fancy hard drives to house the digital files. This time, however, it’s simply the image file and an accompanying NFT.
NFTs support claims to an artwork’s value. While the JPEG file of Everydays may be copied, the collector’s blockchain-based record of ownership will allow them to display the work (and to resell it) on a number of online platforms.
Christie’s has teamed up with one such platform, Makersplace, for the deal. Makersplace uses an open standard smart contract for its NFTs, which means the work can be sold in many other places in the the increasingly complex NFT ecosystem.
NFTs are useful in the digital art market because they enable claims to authenticity and scarcity, despite the ease with which digital works can ordinarily be copied. Artists and galleries have tried to create scarcity via limited-edition works and to assure authenticity with certificates, but NFTs seek to automate this process.
NFTs record ownership on a blockchain, which is a decentralised alternative to a central database. Built through cryptography and peer-to-peer networks, blockchains are resistant to tampering and hacking, which makes them useful for storing important records. Vince Tabora from US tech website Hacker Noon has written an accessible explainer of how blockchain is different from older ways of storing and organising data.
Ever since blockchains were described in the white paper published by pseudonymous Bitcoin inventor Satoshi Nakamoto in 2008, the idea of a “trustless” way to keep secure public records has evolved into a so-called “confidence machine”, fuelling a considerable amount of hype. Simultaneously, voices have emerged to encourage more nuanced and critical engagement with blockchain’s possibilities and limitations.MoneyLab Reader 2: Overcoming the Hype and There is No Such Thing as Blockchain Art are two key publications exploring these tensions across varied cultural domains.
Carnegie Mellon Researchers have described potential use-cases for the art industry, including securing artwork provenance (see Verisart) or enabling secure forms of fractional ownership (see Maecenas).
And Christie’s is no stranger to new technology. The company has hosted regular Art+Tech Summits since 2018 (the inaugural topic being blockchain).
In 2018, Christie’s proudly announced it was “the first auction house to offer a work of art created by an algorithm”, with the sale of the AI-generated painting Portrait of Edmond Belamy for more than 40 times its estimate.
So by selling Everydays as “the first purely digital work” to be offered by a major auction house, Christie’s is reinforcing its self-described “position at the forefront of innovation in the art world”.
At the same time, Christie’s upcoming auction is only the tip of the NFT-collecting iceberg. Industry publication Coindesk estimates the total value of the NFT market to be US$250 million. Platforms such as Opensea, Nifty Gateway and SuperRare host a rapidly expanding range of digital collectibles to buy and sell by a growing community of collectors.
Beyond art, digital collectibles include virtual trading cards, artefacts and attire for virtual gaming worlds. They also underpin games such as CryptoKitties, in which NFTs serve to secure the “unique genome” of each kitty in the game. These examples reflect the uptake of NFTs across different digital subcultures, providing collectors with claims to uniqueness that were previously considered impossible in the online realm.
Artists and other creative practitioners may also benefit from blockchain-backed systems.
Researchers at RMIT published a paper on how blockchain infrastructures could help Australia’s creative economy in 2019. They note how blockchains could support artists in trading, creating contracts, getting their work discovered, sharing resources – and making money to support their livelihoods.
Artists themselves are also searching for new ways to use blockchain and other “distributed ledger” technologies. Over the past decade, Furtherfield in London has worked with artists to explore the possibilities and limitations, partnering most recently with Goethe Institute and Serpentine Galleries for The DAOWO Sessions: Artworld Prototypes. Other notable projects include Artists Re: Thinking the Blockchain, which showcases how artists have a stake in this technological shift, and DisCo Coop, Trojan DAO and Black Swan DAO, which examine how new tools for organisation can challenge the value systems of the traditional art market, rather than further solidify them.
This reexamination of art in light of blockchain has also been happening in Australia. In 2019, Baden Pailthorpe and I worked with the Bitfwd community to curate a project called Blocumenta, which brought together local artists, designers and hackers to examine how blockchain could affect the arts, culture and heritage in the Asia-Pacific.
More recently, Nancy Mauro-Flude and I co-curated an event called Economythologies – MoneyLab#X, which was co-presented by several universities, galleries and arts organisations. We presented a program of talks, performances and artworks that considered how blockchain’s uprooting of legacy economic systems and narratives opens space to imagine different ways to value, design and organise our creative and cultural practices.
At this stage it’s hard to say exactly what blockchain will mean for art. For now, perhaps we should let Beeple have the last word:
bruh, i just learned wtf an NFT is like two weeks ago, not gonna act like i have a ton of intelligent shit to say here. this crypto space seems super interesting though and i see a ton of potential to do some weird shit nobody has done yet…
Read more: Friday essay: The Australian art market has flatlined. What can be done to revive it?
Economythologies – MoneyLab#X was co-presented by Centre for Creative and Cultural Research (University of Canberra), Institute for Culture and Society (Western Sydney University), School of Art and Design (Australian National University), Holistic Computing Aesthetics Network and Cultural Value Impact Network (RMIT University), Ainslie+Gorman Art Centre and Bett Gallery , with the support of the Institute of Network Cultures and Despoinas Media Coven.
The Blocumenta Blockathon was co-presented with bitfwd ventures and community, with the generous support of the University of Canberra, ACT Government, the Australian National University, DAOStack and Sigma Prime.![]()
Denise Thwaites, Assistant Professor in Digital Arts and Humanities , University of Canberra
This article is republished from The Conversation under a Creative Commons license. Read the original article.
A token sale: Christie’s to auction its first blockchain-backed digital-only artwork
Get the Domain Name You’ve Always Wanted and Your Website for Free! DreamozTech offers a unique way for your customers to reward themselves. Earn rewards by completing simple tasks, such as providing feedback to improve existing products. Make your opinions matter! We help companies gain a competitive edge by tapping into the power of user feedback. Our product evaluation program provides actionable insights to improve products and services, while rewarding users for their valuable input.
While taking your business online offers vast, exciting opportunities, the sheer volume of choices and digital noise often leads to strategic drift. That's where we step in. DreamozTech cuts through the complexity, empowering you to define specific, actionable SEO goals that keep your focus sharp and your digital efforts profitable. We turn potential into measurable performance.
From websites to local listings, mobile apps to social media, there are lots of ways to be found online
There are many options when it comes to using digital tools, and technology is always changing
A social media profile is a quick, simple and cheap way for customers to establish an online presence
Search engines allow people to look for the product or service they want, at the precise time they want it
Years of Experience
DreamozTech is the precision SEO platform designed to transform your content strategy. We move beyond basic creation to ensure every piece of material is fully optimized for maximum visibility and search engine ranking authority.
85%
75%
90%
95%
Beyond content and rewards, DreamozTech is your full-service digital consultancy. We guide your business from strategic inception and financial planning to advanced technical execution, providing expert guidance, cutting-edge software development, and specialized SEO services to guarantee profitable and sustained online growth.
Options for launching your business online: local listings, social media, video, websites, android & ios mobile apps
There’s no cost for businesses to appear in the organic results. Have you tried improving your organic search results?
Paid search ad results are targeted at people who are already looking for a particular kind of product or service!
Brainstorm a list of keywords for your most popular product or service. Research the search volume for each keyword!
Search for a nearby business on your mobile. Note the number of businesses you recognise!
Elevate your software's integrity. We perform a thorough code audit to ensure security, efficiency, and reliability.
Custom software development using ECWID, SquareSpace, Sitecore, Umbraco, Sitefinity, Kentico, Salesforce, Android & IOS Apps!
We help you to create and manage your digital contents and get you a higher SEO ranking for your web pages. Don`t believe, try now!
We help you earn DreamozTech tokens as rewards by shopping products, implementing rewards platform for your customers!
In today's competitive landscape, businesses need software that not only meets their immediate needs but also scales with their growth. At DreamozTech, we go beyond generic solutions, offering tailored software development designed to streamline operations, enhance customer engagement, and unlock new opportunities.
With everyone on social media, it makes perfect sense for your business to be there too. Leverage popular social media networks by understanding their importance, joining the right platforms, and growing your presence through active engagement with your audience.
Analytics can reveal a lot about how people interact with a website, such as which parts are popular and where users are coming from. However, without directly asking users, analytics can’t uncover specific dislikes or areas for improvement.
Struggling to Get Your Business Online? Stop waiting, start growing! Ideal for entrepreneurs and small businesses. Contact us today! Don't let a tight budget hold you back! We're offering affordable website packages for startups and small businesses.
We are committed to providing exceptional value. We are happy to match or beat any written quote and offer even more competitive rates for larger software development projects, such as enterprise system integrations or extensive custom application builds. Our services include comprehensive project management, detailed progress reporting, and full compliance with industry best practices and standards.
We pride ourselves on our commitment to quality and direct communication. Unlike many other firms, DreamozTech does not outsource our work overseas to cut costs, which often leads to compromised quality and frustrating, circular communication. We believe in keeping our development in-house to ensure clear, efficient progress and superior results.
For your peace of mind, DreamozTech maintains professional indemnity insurance to cover our development services. Let DreamozTech streamline your web design process, so you can focus on what you do best: creating stunning, effective websites. Ready to transform your web design workflow? Contact DreamozTech today for a free consultation.
You don’t have to be a developer to build stellar web apps. Make your vision a reality and let your business dreams soar high with Dreamoz Tech
Create functional and creative content on your web apps with Dreamoz posts. The possibilities of the online world are infinite, reach the stars with Dreamoz Tech
Adding your location allows you to target local individuals who would actively avail your products. Increase your online sale and reach. Be visible and have credibility online.
Square's checkout links are great for one-off sales, but they force your customers to make a separate purchase for every item. This leads to frustrated shoppers and lost upsell opportunities.
We turn your static Square item library into a dynamic e-commerce experience. Our custom solution allows your customers to:
The result? A smooth, modern buying process that boosts your average order value and converts more browsers into buyers.
You've got a great selection of products in your Square Items library, but how do you let customers buy more than one at a time? This was the problem DreamOzTech set out to solve.
We built a custom layer that sits on top of your existing Square setup, transforming your single-product checkout links into a full-featured, customizable shopping cart.
We unlock the full potential of your Square inventory, giving your customers the e-commerce experience they expect while keeping your backend simple and centralized.
Tenda AC7 Dual Band Wireless AC1200 Router Wifi Range Repeater with 56dBi High Gain Antennas Wider Coverage Wi-Fi Extender
27/02/2025
Read MoreMultifunction Home Appliance 19000Pa Cleaning Machine Powerful Wireless Car Vacuum Cleaner Metal Strainer Portable Handheld
27/02/2025
Read MoreClassic Backpack 36-55 Litre Capacity Ensuring Durability and Sleek Look
27/02/2025
Read More3-in-1 Type-C Hub: Your Ultimate Connectivity Solution
21/02/2025
Read MoreWIFI 5050 RGB Bluetooth LED Strip Lights
20/02/2025
Read MoreWaterproof PU Leather Mouse Pad Gaming & Office Essential
20/02/2025
Read MoreWaterproof Laptop Backpack 15 and 17 Inch
20/02/2025
Read MoreUSB Plug Lamp Computer Mobile Power Charging LED
20/02/2025
Read MoreUSB MINI Magic Ball Family Party LED Lighting
20/02/2025
Read MoreUSB DC 5V to 12V/9V Power Cable for Router WIFI Adapter
20/02/2025
Read MoreUSB 3.0 Adapter HUB Type C to 4K60Hz HDMI-Compatible Docking Station RJ45 PD Splitter
20/02/2025
Read MoreUS-ZJ073 Telescopic Foldable Phablet Desktop Stand
20/02/2025
Read MoreTea Infuser Thermoses Water Bottle with Smart LCD Touch Screen
19/02/2025
Read MoreStainless Steel Vacuum Insulated Bottle
19/02/2025
Read More
Agriculture Website Template - Free Download
26/10/2025
Read More
Exploring Popular AI Tools in 2025: Claude, DeepSeek, OpenAI, Manus, Perplexity, Grok, Gemini, and CoPilot
19/10/2025
Read More
Travel Smarter with Saily eSIM Stay Connected Wherever You Go
19/10/2025
Read More
Zest: The Next Generation Rewards Platform for the Crypto Age. Earn Crypto, Cash & Gift Cards.
18/10/2025
Read More
4 Essential Shifts to Transform Your Google Ads Search Strategy with AI
13/10/2025
Read More
Discover Active - A Modern, Responsive Bootstrap Template for Dynamic Websites
10/10/2025
Read More
DreamozTech Builder Simplifying Website updates with seamless integration with Square Payments
07/09/2025
Read More
Northcote is an inner suburb in Melbourne, Victoria, Australia, 6 km north-east of Melbourne's Central Business District, located within the City of Darebin local government area.
28/07/2025
Read More
Starting an online business in Australia can be a great way to tap into the country’s growing digital economy
19/02/2025
Read More
DreamozTech Builder: Empowering Your Online Presence
11/11/2024
Read More
The Power of Online Business Directories: A Win-Win for Businesses and Consumers
11/11/2024
Read More
What is an Online Business Directory Website?
11/11/2024
Read More
Startups Raising millions and billions as Seed Capital After Getting This Money What Happens
25/10/2024
Read More
I have list of emails in one account, how can i move to another email account
25/10/2024
Read More
Looking to refresh your Reels strategy this season? We’ve got you covered
25/10/2024
Read More
Indoor solar power' could replace disposable batteries and charger cables with photovoltaic strips
11/09/2024
Read More
Join the Melbourne Business Networking Buy & Sell Group Today!
28/08/2024
Read More
When you buy your domain name with us, you get the added benefit of building and hosting your website for free
26/08/2024
Read More
Property, Private Credit, Yield, Startups, Life Science, Sustainability, and Energy Transition Digital Asset, AI and Technology Conference Capital HQ
24/08/2024
Read More
Ready to take your business to the next level?
22/08/2024
Read More
Setting Effective Goals and Objectives Using the SMART Criteria: A Guide for Leaders
08/07/2024
Read More
Tech at Work: How the End of Cookies Will Transform Digital Marketing
25/05/2024
Read More
Fortifying business defences through crucial cybersecurity training by Andrew Borthwick Managing Director, Australia & New Zealand, Orange Business
30/11/2023
Read More
When you start a business, a carefully thought-out digital presence can help you get ahead
08/11/2023
Read More
Introducing Apple Vision Pro: Apple’s first spatial computer
08/06/2023
Read More
What Is the Best Place to Sell Art Online and Get Inspiration from Successful Artists
16/05/2023
Read More
Master Cyber Defense with Certified Cybersecurity Expert™ Interactive Live Training
14/05/2023
Read More
Step Up Your Game in Crypto: Enroll In Certified Cryptocurrency Auditor™ Certification
14/05/2023
Read More
Heatbit Mini keeps you warm, your air clean, and your wallet full by harnessing the power of Bitcoin mining
22/04/2023
Read More
BscScan is the leading block explorer for BNB Smart Chain (BSC). The website hosts more than one million monthly users of BSC, providing access to search, analytics, contract interaction, API and many other features.
09/04/2023
Read More
The Radiant DAO’s mission is to unify the billions in fragmented liquidity across Web3 money markets under one safe, user-friendly, capital-efficient omnichain protocol.
09/04/2023
Read More
The Digital Horizon: Navigating the Future of Internet Tech with Web3
22/02/2023
Read More
Scammers are more active during the holiday season than at any time of the year, here are some tips on how you can protect your assets
14/12/2022
Read More
A domain is the foundation of your online presence. This month, learn about the different types of domains and how to keep yours safe
14/10/2022
Read More
Earn 1000 DreamozTech tokens when you sign up. Select referral to earn extra 500 DreamozTech tokens. Built on the Waves block chain platform, DreamozTech token is one of the fastest digital currency for sending and receiving payments and earning rewards.
13/10/2022
Read More
Making your site look attractive doesn’t have to be hard or expensive. Choose from over 40,000 free photos to add stunning photography to your site’s design, all from within the the WordPress.com Media Library
13/10/2022
Read More