NFT artwork sells for $69M – TechCrunch

Artist Biplub made a big NXT sale, Twitter Spaces is coming soon and Seth Rogen’s weed startup started in the US. This is your daily crunch for March 11, 2021.

Big Story: NFT artwork sells for $ 69M

For the first time, auction house Christie sold a digital-only artwork: “Everyday – The First 5000 Days”, a collage of several years of sketches by artist Mike Winkelman, known online as Biplab.

Yes, this is one of those NXT (non-fungible tokens) sales you’ve been hearing a lot for the past few weeks. And this is by far the most eye-popping price tag with bids in the last two hours. Raised from $ 14 million to $ 69 million.

Although crypto and NXT enthusiasts have predicted that bid to be much higher, it’s definitely going to make the art world sit up and take notice – not just when it comes to selling digital art. , But also potentially as a means of record and transfer of ownership. For any art.

Tech giants

Twitter space, to be launched publicly next month, may include only space-tweets – The social network’s clubhouse rival is working towards a public launch in April.

Facebook is bringing advertisements for short videos and stories – Facebook is expanding its demonetization options for video creators, which means more advertising for viewers.

Google paves the way for monetization of pay users’ data in India – Google says it will roll out an update for Google Pay next week, asking users to choose if they want to share data with the company.

Startup, Funding and Venture Capital

Seth Rogen and Evan Goldberg Want to Be Your Weed Dealer – The co-founders of Seth Rogen and Four Friends have been building houseplants for 10 years, and its products are now available in the United States.

Epidemic Sound Raises $ 450M at $ 1.4B Price for ‘Soundtrack the Internet’ – Pandemic’s audio market currently has approximately 32,000 music tracks and 60,000 sound effects.

Indy based High Alpha Capital launches new $ 110M fund – This firm focuses on B2B SaaS startups.

Additional crisis advice and analysis

Five takeaways from Koursera IPO filing – Despite the company promoting its business and customer base, the company is still unprofitable.

Does your VC have an investment thesis or a hypothesis? – OpenVC has identified six common patterns for how the Vice Chancellor clarifies his research and some best practices.

Bessemer’s 2021 Cloud Report Provides Reference to Software Startup Valuation – Growth rates among cloud companies should prove to be more sustainable than almost anyone.

(Extra Crunch is our membership program, which helps founders and startup teams move forward. You can sign up here.)

Everything else

Everything You Missed from TC Sessions: Justice – If you haven’t had a chance to join us last week, you can still catch all the conversations.

2021 Volkswagen ID. 4 ticks all boxes except one – Electric crossover offers considerable range at affordable prices.

Eye, robot – Our latest robotics roundup covers surgical, food delivery, and ocean mapping robots, along with the return of an adorable friend.

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