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Investor Discovers Beeple NFT Purchased for $969 Now Worth $300K
The NFT is now being offered for sale at $1.7 million.
Yazan Jamie Crawley
A non-fungible token (NFT)-linked artwork by digital artist Beeple purchased for less than $1,000 in December 2020 is now worth $300,000, according to its owner.
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- The NFT was purchased for $969 by Edward Fairchild, co-founder of Los Angeles-based cannabis cultivator THC Design.
- Fairchild said he had no idea what an NFT was when he bought "The Infected Culture" by Beeple in December 2020, despite being a fan of the digital artist, he said in an article for Business Insider Saturday.
- Nor was he aware of the recent boom in NFT sales until he saw that another copy of the same work had been sold for $288,000.
- Fairchild has now listed his own copy onNifty Gateway for nearly $1.7 million.
- Beeple has been at the forefront of the recent NFT craze, his work "EVERYDAYS: THE FIRST 5000 DAYS" selling on March 11 for $69.3 million in, by far the largest known sale of an NFT.
- While some are saying NFTs are in a price bubble, Fairchild said "This feels like the beginning of something that we can't even comprehend yet."
- "In the future, more and more people are going to be spending their time in virtual reality, and NFTs have infinite potential when it comes to ownership of digital assets," he said.
See also: Digital Artwork Sells for Record-Breaking $6.6M in Ether on Winklevoss-Owned Marketplace
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- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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ARK steps in as crypto stocks extend multi-day selloff
Cathie Wood’s ARK Invest added to Coinbase, Bullish, Circle, and crypto miners during a continued drawdown that pushed listed crypto equities deeper into the red.
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- Cathie Wood's ARK Invest purchased nearly $60 million in crypto equities, including significant investments in Coinbase, Bullish, and Circle.
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