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Usha Yadav
Oct 14, 2022

Beeple Builds A Physical Studio To Bring NFTs Into The Real World

Beeple
The well-known NFT artist and pioneer announced on Twitter on Thursday that actual studio space is being built in his birthplace of Charleston, South Carolina. He showed a sped-up video of a huge warehouse structure undergoing renovations with the tagline BUILD in all caps.

Beeple Builds A Physical Studio Space To Bring NFTs Into The Real World

NFTs Into The Real World

Mike "Beeple" Winkelmann garnered media attention last year with his record-breaking $69.3 million sale of NFT artwork at a Christie's auction. After that, he made appearances on "The Tonight Show," the cover of Time magazine, and other shows. He now hopes to introduce the NFT universe to even more individuals by constructing a physical studio where exhibitions would take place.

Beeple stated that NFT developers must "discover innovative ways" to draw in customers who may be aware of NFTs but unsure how they operate. An NFT is a blockchain token that can represent ownership in real-world and digital assets, such as collectibles and digital artwork.

"I believe by showing people that this artwork can be shared and appreciated in real life, not just on our tiny screens," Beeple wrote, "they will see that this medium is just like any other with the ability to bring beauty, provoke thoughtful discussion, and truly move us."

He added that the video reflects the first half of construction and that the second half is almost finished, but he did not provide a date for when the studio would open or start holding events. Beeple first rose to fame as a digital artist who shared new artwork daily and as a graphic designer whose concert posters were utilized by artists such as Justin Bieber, Katy Perry, and Eminem.

Growing NFT Market

In late 2020, as the NFT market grew, Beeple began to sell his works and swiftly set records.  In November of last year, Beeple followed it up with the $28.9 million sale of "Human One," a sculpture that was a physical/digital hybrid with an NFT component. Beeple has emphasized a real-world component with every one of his digital sales since entering the NFT industry.

Beeple Builds A Physical Studio To Bring NFTs Into The Real World
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

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