2021-08-24 18:43:05
WHAT IS $3M NFT?
Fidenza NFT just sold for 1000 $ETH ($3.3M). The seller bought it for 0.58 $ETH ($1400) 60 days earlier. Let’s get deeper into NFTs!
WHAT IS NFT?
It's a new investment opportunity that represents rare digital items like paintings, video clips and games, etc. It's a digital contract on the blockchain so the owner can prove that he owns the item.
WHAT IS FIDENZA?
Fidenza #313 by artist Tyler Hobbs is from the Art Blocks collection of generative Ethereum artwork. It spans 999 pieces, each based on an algorithm that generates a distinctive piece upon minting. Every piece is unique from the others.
NFT FACTS
1. The NFT market generated $2.5B worth of trading volume in the 1st half of 2021.
2. OpenSea marketplace registered $1.6B in trading volume in August alone. Last month it multiplied x20.
3. The most expensive NFT called ‘Everydays’ was sold on Christie's for $69M.
NFT’s ON GUARDA
Basically, ERC721 is a standard for visual NFTs based on Ethereum, so get your ETH wallet and store them!
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