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Beeple and nothingness

The ontology of NFT Art

Issue 95, 25th March 2021
| Lecturer in the Department of Philosophy at Texas State University.
1,710 words
Read time: approx. 9 mins

Uncovering the ontology of NFTs - the artwork-cryptocurrency crossovers being sold for millions - reveals a profound uncertainty about their nature, and the rights they confer. But beyond this ambiguity, will the vast sums of cash (or cryptocurrency) being thrown at NFTs ruin the whacky and wonderful world of internet folk art? Writing originally for Aesthetics for Birds, Anthony Cross investigates.

 

It was the Beeple heard round the world: on Thursday, March 11th, Christie’s sold a collage of digital art images for 69 million dollars. Beeple, real name Mike Winkelmann, is the artist responsible for the work; this makes him the third-highest selling living artist behind Jeff Koons and David Hockney.

Prior to the sale, Beeple had a modest artistic practice, posting original 3D images online daily. Most of these “everydays” are technically competent but nondescript abstracts—the sort of thing that you might use as a desktop background. Recently they’ve grown more referential, including images of a breastfeeding Donald Trump, Tiger King dethroned, and the coronavirus as a scifi movie monster.  How, exactly, did Beeple’s work find itself in a Christie’s auction, outselling Lucien Freud and Damien Hirst? The answer has a lot to do with his chosen format for sale: an ‘NFT’, or non-fungible token.

Anthony Cross
Issue 95, 25th March 2021

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