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Key Moments in Crypto Art: WhaleShark's Entry & Beeple's Crazy Weekend

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Let's remember to celebrate our future and keep the crypto art culture alive.
Original title: "Reflecting On The Nifty Gateway Beeple Drop"
Original author: Andrew Steinwold


There have been many defining moments throughout the history of crypto art. But in my opinion, the two most impactful events are:

 

-WhaleShark in 2019 Enter the crypto art market around October/November.

-Beeple releases new works on Nifty Gateway

 

The entry of WhaleShark


Simply speaking about the first of two defining moments in crypto art, let's look at this graph, the past few years Primary and secondary sales volume on SuperRare.

 


 

As you can see , before November 2019, the trading activity of SuperRare was extremely low, and then the collector WhaleShark quickly entered the game and changed the situation almost by itself.

 

I remember everyone being shocked by the amount of assets WhaleShark was bidding on and buying out of the blue. This aggressive bidding and buying activity had a ripple effect, with people starting to bid higher than they had been previously. While I'm sure there are other factors at play, I think a large part of the rise in the crypto art market is due to WhaleShark's aggressive bidding.

 

Crazy Weekend at Beeple

 

Now let's examine Beeple's new release at Nifty Gateway. Over the weekend of December 11th, I was in awe of this crazy thing, excited and nervous because I knew it would undoubtedly be a turning point for the industry.

 

A little background, Beeple is an artist who has been creating (and continues to be created) a digital work of art. In short, Beeple is a big shot. He has 1.7 million followers on Instagram and even designed clothes for Louis Vuitton.

 

During the course of the sale, Beeple ended up selling approximately $3.5 million (primary sales) worth of art Taste. This is an unprecedented number, completely breaking all previous sales records for new NFT art releases: the previous record was less than $1 million.

 

As the offering progressed and sales figures climbed, I realized that these large purchase prices would quickly Waves, is likely to make every artist in the world hear the hint of encryption art and choose to enter the field of encryption.

 

But again, I do feel a little nervous because I realize that our little, funny, weird, The crazy, dramatic, tight-knit crypto art community is suddenly "revealed" for all to see.

 

If everyone becomes aware of this incredible movement, more people will join it and it will be impossible Avoid changes. But while I admit I fear change in the crypto art ecosystem, I know that change is absolutely necessary for it to truly become the worldwide movement it was meant to be.

 

I want to make the point that we should keep this community weird and wonderful.

 

We should accept famous artists to enter this field and get more attention while making a concerted effort to support less twitter followers Newcomer crypto artist among 100 people. This whole cultural movement is the result of the efforts of everyone in the community, from someone just starting out to someone with millions of followers. We can keep this creative, weird, and fun culture alive by supporting everyone in our community.  

 

Summary

 

Overall, WhaleShark's entry and Beeple's crazy weekend was a huge win for the crypto art and NFT space. Especially Beeple's new release on Nifty Gateway, which will attract more attention, artists, collectors, etc. to the ecosystem. In other words, the event signaled that the field had entered the cause of the masses. We were destined to get here and we should be proud of it. Let's remember to celebrate our future and keep the crypto art culture alive.


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