Switch from Ethereum to Solana? NFT Artist Beeple Announces New Launch – Solana (SOL/USD)
One of the most prolific NFT artists launches a new collaboration with Solana SOL/USD. Here are the early details.
What Happened: Mike Winkelmann, best known as Beephas been one of the leading artists in the NFT space with his “The First 5000 Days” selling for a record $69 million in March 2021.
A new partnership was announced at the Solana Breakpoint Conference in Lisbon, Portugal over the weekend featuring Beeple, which has traditionally launched NFTs on Ethereum ETH/USD blockchain, moving over to Solana.
“In partnership with Render Network, we are excited to welcome Beeple to Metaplex and Solana,” Metaplex Studios CEO Stephen Hess so.
Beeple will “debut the future of streaming and immersive 3D NFTs.” Users will be able to create unique NFTs “with a Beeple Everyday.”
Beeple has created a digital image for everyday life since 2007. The first 5,000 days were sold as the best-selling NFT of all time.
Other Everydays in the past have featured previously President Donald Trumpcurrent President Joe Biden and Tesla Inc TSLA CEO Elon Musk on several occasions. Several of the Musk images created by Beeple were related to his acquisition of a social media platform Twitter.
Beeple is a consultant for Render network, a peer-to-peer decentralized network, according to Decrypt. Render Network raised $30 million in December 2021 with Solana among the investors.
More details about the launch are expected to be announced this week.
Beeple has hinted at future works that will benefit the NFT space.
Related Link: VeeCon 2022: First Year Event Brings Alpha, Community, Education, NFT Lessons
Why it’s important: Beeple is one of the most prominent names in the non-fungible token space. While Ethereum has dominated the NFT market, Solana has increased its market share in 2022 with the launches of several large NFT collections.
Collections that Okay Bears, Trippin’ Ape Tribe and DeGods has helped Solana keep pace with Ethereum on several occasions.
The news from Solana about a collaboration with Beeple comes on the heels of a collaboration with Alphabet Inc GOOGGOOGLE and the Google Cloud segment, also announced at the Breakpoint Conference.
Solana also collaborated with Coinbase Global COIN recently and earlier this year announced plans for a crypto-native mobile phone.
NFT collectors and investors are eagerly awaiting more details on the Beeple collaboration with Solana.
SOL price action: Solana increased Saturday on the Google Cloud partnership news. Solana is down 12% at $31.53 on Monday, erasing gains from the announcement. Solana has traded between $26.06 and $253. 25 in the last 52 weeks.
Related Link: Madonna Launches NFT Collection With Beeple, Here Are The Details
Photo: Courtesy of shutterstock.com
