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Home Art

Beeple Crashes MakersPlace By Selling NFT Art for $1

March 26, 2021
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Beeple Crashes MakersPlace By Selling NFT Art for $1
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In brief

  • Beeple’s work is being resold for millions.
  • His $1 drop on NFT boutique MakersPlace crashed the site.
  • Any one who was signed in on to the site at the time has been entered for a raffle to sell the remaining works.

NFT superstar Beeple crashed the crypto art boutique MakersPlace’s yesterday after traffic for his limited edition $1 drop led to system issues. Most of the 105 editions remain unsold.

In a tweet, MakersPlace apologetically explained that the website traffic at the time had completely exceeded its estimations, leading to a domino effect as the website went down and stayed down.

Update on the $1 @beeple drop.

We deeply apologize for the experience today, the amount of traffic and site actions far exceeded our estimations and like a domino the site went down and stayed down. In the end only a small number of artworks were purchased, we are finalizing.

—…

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