Remastered nyan cat art sells for the equivalent of $605k

by

NFTs permit purchasers to validate the single owner of digital products, and someone paid 300 Ether– the cryptocurrency that runs on the Ethereum blockchain– to win an auction put on by digital marketplace Foundation. Digital markets and artists are looking at NFTs to offer a future for finding worth in their creations, however well have to see and wait which artwork is next to sell at such a high figure.

Just opened up the flood gates to the future of meme economy in the Crypto universe, no big offer ~.
Seriously, thanks for believing in Nyan Cat all these years. I hope this inspires future artists to enter #NFT universe so they can get proper acknowledgment for their work! pic.twitter.com/JX7UU9VSPb— ☆ Chris ☆ (@PRguitarman) February 19, 2021.

While the very first Christies auction of digital artwork backed by NFT (non-fungible token) is still a couple of days away, among the most significant sales because world has actually currently occurred. Chris Torres created the rainbow-streaming animation of Nyan Cat based upon his own pet and submitted it to YouTube in 2011, prior to recreating a high-quality one-of-one edition for this sale..