12x12” bitcoin painting, Ali Spagnola, Alicia Dawn “Ali” Spagnola, Beeple, Bitcoin, Bitcoin (BTC), Bitcoin Donations, Bitcoin Rich, Free Paintings, Free Paintings Project, nft, Non-fungible artwork, Non-fungible Token, Opensea, painting, Spagnola, Youtube Star, youtuber

In mid-January, Bitcoin.com’s newsdesk wrote about the popular artist and Youtuber, Alicia Dawn “Ali†Spagnola after she “accidentally got bitcoin rich†from her Free Paintings project. Since then, a great number of people told her to create a non-fungible token (NFT) asset with her artwork, so she decided to execute the idea after many requests. Spagnola chose to mint an NFT that stems from a combination of the 2,809 free paintings she’s created during the last 14 years.

A $500K NFT After Giving Away Free Paintings for 14 Years

In her recent video on Youtube, Ali Spagnola is hoping to entice elite NFT collectors (Beeple buyers) with all of the hard work she spent on her “Spagnola is a popular musician and artist with 345,000 Youtube subscribers, a large following on Tiktok, 2.4 million followers on Twitter.

While focusing on her content creation and career, Spagnola started a project 14 years ago where she’s been giving away free paintings by request. To date, she’s distributed 2,809 free paintings to people all around the world. Now while she does them for free, she also allows donations, and one year she got a whole bitcoin for one of her paintings, which depicted a colorful image of the leading crypto asset.

Spagnola forgot all about that donation and realized years later that it was worth tens of thousands, and a whole lot more than the original $50 value. She decided to make a video about her bitcoin discovery and she even went to meet the person who gave her a bitcoin (BTC) and she also gave him a much larger painting of a bitcoin.

12x12” bitcoin painting, Ali Spagnola, Alicia Dawn “Ali” Spagnola, Beeple, Bitcoin, Bitcoin (BTC), Bitcoin Donations, Bitcoin Rich, Free Paintings, Free Paintings Project, nft, Non-fungible artwork, Non-fungible Token, Opensea, painting, Spagnola, Youtube Star, youtuber
The Youtuber and artist Ali Spagnola discusses her idea to mint a non-fungible token collectible from her 2,809 Free Paintings project.

Spagnola’s bitcoin story went viral as her popularity got a huge boost from the crypto community, and a myriad of proponents recommended that she should mint a non-fungible token (NFT) asset. The Youtuber then published another video on April 9, 2021, called “I Sold a $500,000 NFT after Giving Free Art for 14 Years,†which explains how she recently decided to mint an NFT and auction it on the Opensea.io marketplace.

“When The story about my Bitcoin painting started getting shared, tons of people responded saying I should mint NFTs,†Spagnola told Bitcoin.com on Sunday afternoon. “I had zero idea what that meant at the time but it was so many people that I knew I had to look into it.â€

Now Spagnola hasn’t actually sold the NFT for $500k yet, and the Opensea auction still has around 19 days left in the auction. At the time of publication, Spagnola’s Free Paintings NFT currently has a bid for 2.625 ETH worth $5,722 leveraging today’s ether exchange rates. Spagnola’s latest video tells the story of why she decided to mint an NFT. She explains that she’s always said in jest that “after selflessly mailing my art to people for years across the world†and “as soon as enough people cared, I would be a famous artist and all that art I gave away would transform from ‘worthless’ to really valuable.â€

The Artist Plans to End Her Free Paintings Project

Moreover, Spagnola says that this NFT sale will be a culmination of all the art she’s created for more than a decade. And as a person fascinated with layers, the word “culmination†also has another meaning to her story. That’s because Spagnola says she’s decided to stop the Free Paintings project after selling her latest NFT. The artist also said she plans to donate a portion of the proceeds from the Opensea auction to the National Guild for Community Arts Education.

12x12” bitcoin painting, Ali Spagnola, Alicia Dawn “Ali” Spagnola, Beeple, Bitcoin, Bitcoin (BTC), Bitcoin Donations, Bitcoin Rich, Free Paintings, Free Paintings Project, nft, Non-fungible artwork, Non-fungible Token, Opensea, painting, Spagnola, Youtube Star, youtuber
Ali Spagnola’s collection of art compiled into one single collage is quite large. On Monday morning (EST), April 12, 2021, Spagnola’s NFT currently has a bid for 2.625 ETH worth $5,722.

After Spagnola’s video was published, Bitcoin.com’s newsdesk spoke with the artist this past weekend about her latest NFT venture, and her possible retirement from the Free Paintings project. Spagnola explained what she plans to do if the auction succeeds or fails.

“I think I should follow up if it succeeds or fails… If I don’t hit the mark, I’ll let it go to the highest bidder,†Spagnola said. “I’d even be fine with a penny being the highest bid because at least that’s still a good story haha… my worthless art truly is pretty worthless. Although that’s not saying the penny bidder couldn’t turn around and sell it for $500,000 down the road. I’m down for whatever story unfolds.â€

12x12” bitcoin painting, Ali Spagnola, Alicia Dawn “Ali” Spagnola, Beeple, Bitcoin, Bitcoin (BTC), Bitcoin Donations, Bitcoin Rich, Free Paintings, Free Paintings Project, nft, Non-fungible artwork, Non-fungible Token, Opensea, painting, Spagnola, Youtube Star, youtuber
Speaking with Bitcoin.com News, Spagnola said she hopes to find the same art collectors who loved Beeple’s collection of 5,000 pieces compiled into one NFT, which recently sold for $69 million at Christie’s auction house. Spagnola said after all of the paintings she’s done over the years, she’s considering retiring her Free Paintings project.

The Youtuber also said that the cryptocurrency and NFT community have been exceptionally welcoming. “For example, I got invited on The Bitcoin Podcast and I told them, ‘Are you sure you wanna chat with me? I’m no expert so I don’t have much to offer.’ But they were all about having conversations with people outside the community. They answered a bunch of my questions and wanted to help make everything more accessible.â€

Spagnola added:

At the end of our conversation, we discussed her departure from the Free Paintings project. “I do plan on stopping the project if the NFT doesn’t reach the goal,†Spagnola shared. “I had it in my head that, as I mentioned earlier, it might sell for a penny and that would kind of be a sign that what I was doing really was worthless, because no one cared enough to help add value to the idea and be a part of the art whether it was through sharing the story or collectors actually bidding.â€

The artist concluded:

Spagnola added that she hopes it helps her connect with an awesome NFT collector that understands the piece and wants to be a part of the story as well. Check out Ali Spagnola’s latest video below where she talks about minting and auctioning her 2,809 Free Paintings NFT collage on Opensea.

What do you think about Ali Spagnola’s NFT auction? Let us know what you think about this subject in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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