Saturday 20 February 2021

nyan cat

In anticipation of the wholesome meme’s tenth birthday in April, the animator behind the original gif file, put a newly re-mastered version up for auction. It sold for the equivalent of over half-a-million dollars—or rather three hundred Ether (ETH) on a crypto art platform  As oxymoronical as it may sound, this sale represents part of a trend in high valuation for rare digital works of art with these one-of-a-kind pieces backed up by what are called “non-fungible tokens” (NFTs) that are allocated for unique assets.