nft record sale

nft record sale?

The NFT was sold for USD 6.9 million in October 2021 — a record price for Art Blocks. It is not clear who bought the NFT but according to The Crypto Times, the seller was AKIRA, co-founder of NarcissusGLRY, who revealed the sale on Twitter. According to AKIRA, the NFT was bought by them for USD 550 in March 2021.Feb 1, 2022

Correspondingly,What is the highest sold NFT?

1. Pak’s ‘The Merge’ — $91.8m. Pak/Nifty The Merge was bought by 28,983 collectors for a total of almost $100m. Another Pak piece, The Merge officially became the most expensive NFT ever sold on December 2, 2021, with almost 30,000 collectors pitching together for a total cost of $91.8m.

In this way,Has anyone sold an NFT?

Brittany Pierre made over $109,000 selling nonfungible tokens, or NFTs, of her photography in 2021. In 2021, Brittany Pierre made over $109,000 selling nonfungible tokens, or NFTs, of her photography and flipping other NFTs she bought for a profit.

Keeping this in consideration,How much has an NFT sold for?

Made by the 41-year old artist, Mike Winkelmann—better known as Beeple—the digital art was sold in the form of an NFT for $69.3 million, becoming the most expensive piece of digital art to go under the hammer.

Considering this,What is an NFT sale?

An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos.

Related Question Answers Found

Why is NFT so expensive?

NFTs are valuable because they verify the authenticity of a non-fungible asset. This makes these assets unique and one of a kind. Picasso’s paintings are non-fungible. While anyone can make copies of his paintings, the original painting remains irreplaceable and unique.

Why are NFT so expensive?

Another reason NFTs might be so expensive is because of the potential they have to link with the metaverse. The metaverse is a virtual universe in which people would be represented by avatars and own digital space, like the digital land sold in the Otherside virtual world.

Is it profitable to make NFTs?

Non-fungible tokens, or NFTs, are becoming some of the most profitable blockchain-based experiments in history. High-profile influencers, like Twitter CEO Jack Dorsey, have recently made the news auctioning off NFTs.

Is NFTs worth making?

Making NFTs can be a profitable investment Consequently, NFT creators can make a lot of money. However, not all NFTs will even sell, let alone make their creator any money, given all the fees involved with minting and selling NFTs.

Is NFT worth anything?

It is not just art that is tokenised and sold. Twitter’s founder Jack Dorsey has promoted an NFT of the first-ever tweet, with bids hitting $2.5m. Christie’s sale of an NFT by digital artist Beeple for $69m (£50m) set a new record for digital art.

How much is the cheapest NFT?

Meanwhile, the most affordable item cost $4.49 or 0.002 ETH. More importantly, you might have a good chance of selling NFTs from Axie Infinity.

Is it easy to sell NFT?

Selling NFTs isn’t easy money. Creating and then selling your digital work will incur Ethereum network and marketplace costs, and trading NFTs can be uncertain given the volatility in this young movement.

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