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In a marked contrast for a sale with such a hefty price tag, only 3% of bidders were Baby Boomers, half of the amount of Gen Z bidders, who are under the age of 25. Overall 353 bids were placed by 33 bidders, 58% of whom are Millennials (those born between 1981-1996), with Gen X (1965-1980) making up another 33%. If none of this is making sense, you might first want to check out our video where we explain what NFT art actually is. The buyer's premium, however, cannot be paid in cryptocurrency, which means Christie's will make over $9m in real, fiat money. The sale also marked the first time Christie's accepted cryptocurrency as payment, allowing for bids to be made in Ether via a digital wallet transfer. But in the last 15 minutes, figures skyrocketed, pushing the work's price up by over $40m, with several individual bids coming in at mammoth increments of $10m and $15m, eventually hammering at $60.25m (plus fees). Vaulting from its starting bid of just $100 on 25 February to $13.25m last night, the work had reached $15m by this morning. It is now both the most expensive NFT (Non-Fungible Token) work of art as well as the first standalone NFT work of art to be sold by an auction house. Thanks to a flurry of eye-watering bids that almost crashed Christie's website, Beeple's digital work Everyday: The First 5000 Days (2021) has sold for an astonishing $60.25m ($69.3m with fees).