BEEPLE (B. 1981)

HUMAN ONE

Price realised USD 28,985,000
Estimate on request
Estimates do not reflect the final hammer price and do not include buyer's premium, and applicable taxes or artist's resale right. Please see Section D of the Conditions of Sale for full details.
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BEEPLE (B. 1981)

HUMAN ONE

Price realised USD 28,985,000
Closed: 9 Nov 2021
Price realised USD 28,985,000
Closed: 9 Nov 2021
Details
BEEPLE (B. 1981)
HUMAN ONE
token ID: 1
wallet address: 0xc6b0562605D35eE710138402B878ffe6F2E23807
smart contract address: 0xa4c38796C35Dca618FE22a4e77F4210D0b0350d6
kinetic video sculpture—four video screens (16k resolution), polished aluminum metal, mahogany wood frame, dual media servers; endless video with corresponding dynamic non-fungible token
87 x 48 x 48 in. (220.1 x 121.9 x 121.9 cm.)
Executed in 2021 and minted on 28 October 2021. This work is unique and is accompanied by a non-fungible token.
Provenance
The artist
Special notice
On occasion, Christie's has a direct financial interest in the outcome of the sale of certain lots consigned for sale. This will usually be where it has guaranteed to the Seller that whatever the outcome of the auction, the Seller will receive a minimum sale price for the work. This is known as a minimum price guarantee. Where Christie's has provided a Minimum Price Guarantee it is at risk of making a loss, which can be significant, if the lot fails to sell. Christie's therefore sometimes chooses to share that risk with a third party. In such cases the third party agrees prior to the auction to place an irrevocable written bid on the lot. The third party is therefore committed to bidding on the lot and, even if there are no other bids, buying the lot at the level of the written bid unless there are any higher bids. In doing so, the third party takes on all or part of the risk of the lot not being sold. If the lot is not sold, the third party may incur a loss. The third party will be remunerated in exchange for accepting this risk based on a fixed fee if the third party is the successful bidder or on the final hammer price in the event that the third party is not the successful bidder. The third party may also bid for the lot above the written bid. Where it does so, and is the successful bidder, the fixed fee for taking on the guarantee risk may be netted against the final purchase price.

Third party guarantors are required by us to disclose to anyone they are advising their financial interest in any lots they are guaranteeing. However, for the avoidance of any doubt, if you are advised by or bidding through an agent on a lot identified as being subject to a third party guarantee you should always ask your agent to confirm whether or not he or she has a financial interest in relation to the lot.
Please note for tax purposes, including potential sales tax, that this lot contains both an NFT and a physical work of art which could subject the entire purchase price of the lot to tax as a digital service or tangible property, and Christie’s may be required to collect relevant taxes dependent on local laws. You alone are responsible for any applicable taxes, tariffs or other government-imposed charges relating to the receipt of the digital service and shipment of the tangible property. For tax rate information you may wish to consult an independent tax advisor.Please note, except in the event you are a resident of Mainland China, you may elect to make payment of the purchase price for this lot in the cryptocurrency Ether or in the cryptocurrency Bitcoin. Payment in Ether or Bitcoin must be made via a digital wallet transfer of Ether or Bitcoin to Christie’s. If you do not already have one, please obtain a hosted digital wallet at Coinbase Custody Trust; Coinbase, Inc.; Fidelity Digital Assets Services, LLC; Gemini Trust Company, LLC; or Paxos Trust Company, LLC. The digital wallet must be registered to you, or, if you registered to bid as a company, then in the name of the company. Please note that setting up a digital wallet can take a week or more, depending on the service provider’s account opening requirements. Only payments sent from digital wallets maintained at the above listed platforms will be accepted. We will not recognize payments from digital wallets hosted at other exchanges or self-hosted wallets. Partial payments of a lot from multiple digital wallets are not allowed. You agree, upon our request, to provide documentation confirming that the Ether or Bitcoin payment was made from a digital wallet registered in your name and maintained at one of the platforms listed above. Partial payments of a lot from multiple digital wallets will not be allowed. You must notify us within 24 hours of sale closing should you wish to pay by cryptocurrency. The cryptocurrency amount will be calculated by us based on the most recent published CoinDesk Ether Price Index (ETX) or CoinDesk Bitcoin Price Index (XBX) as determined by us at the time the sale closes and will be disclosed in the invoice. For further information and to view our Buyers Premium rates, please view the Conditions of Sale via the link below.
Further details
Please note the successful bidder of this lot will be subject to licensing terms set forth by the artist:

BEEPLE SCULPTURE & NFT TERMS (HUMAN ONE)

By bidding on, purchasing or otherwise obtaining the “HUMAN ONE” blockchain-based non-fungible token created by Beeple Art, LLC (“Beeple”) (“NFT”) and/or accompanying kinetic video sculpture physical element (the “Physical Element”), you are agreeing to these Beeple Sculpture & NFT Terms by and between you and Beeple (the “Terms”).

The NFT is a single-edition digital asset that is specifically associated with “HUMAN ONE,” a digital work of authorship created by Beeple or its affiliates (the “Artwork”). It is a one-of-one NFT. Beeple will not produce additional NFTs associated with the Artwork.

Although the NFT and Physical Element are sold to the purchaser, the Artwork is licensed and not sold to such purchaser. The Artwork is neither stored nor embedded in the NFT, but is accessible through the NFT. The Physical Element displays a copy of the Artwork. Beeple hereby grants to the holder of the NFT and/or Physical Element a non-exclusive, perpetual license, subject to these Terms, to access, perform and/or display the Artwork using the NFT and/or the Physical Element, for the holder’s non-commercial purposes; provided, however, if the holder is a museum, it will not be restricted from selling admission tickets or passes to the public in connection with its exhibition of the Artwork. Except for the license granted above, Beeple and its affiliates retain all right, title and interest in and to the Artwork. The NFT and Physical Element may be separated and owned by different persons. If you are the holder of the NFT or Physical Element, you may transfer the NFT or Physical Element to a third party, but, after you do so, your license to the Artwork will immediately terminate.

The Physical Element is designed to continuously display the Artwork. Beeple will maintain remote access to the Physical Element to ensure proper functionality and/or enhance the displayed Artwork. Beeple warrants that the Physical Element does not contain any features designed to impair the continuous display of the Artwork.

Except as otherwise described in these Terms, Beeple provides the NFT and Physical Element, and licenses the Artwork to the holder of the NFT and/or Physical Element, on an “AS IS” basis, and expressly disclaims any warranties or conditions of any kind, either express or implied, including, without limitation, any warranties or conditions of title, non-infringement, merchantability, or fitness for a particular purpose. In no event will Beeple be liable for any indirect, incidental, consequential, or other non-direct damages of any kind. The maximum aggregate liability of Beeple for all damages and causes of action, whether in contract, tort (including negligence) or otherwise, will be $100. The laws of the United States of America and the State of New York govern all matters arising out of or relating to these Terms without giving effect to any conflict of law principles.

By purchasing the NFT and Physical Element in the initial sale, you agree to cooperate in good faith with any reasonable request by Beeple to make the Physical Element available for display in museums, galleries, and other venues for a one-year period following the initial sale; provided that you will not be responsible for any costs or fees associated with making the Physical Element available for display.

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Ana Maria Celis
Ana Maria Celis Head of Department

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