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The creator of Nyan Cat just made almost $600k for a NFT of their work. Incredible.
by firloop 6y ago
The creator of Nyan Cat just made almost $600k for a NFT of their work. Incredible.
- berniemadoff69 6y agoit is always possible that someone with deep pockets, tangentially connected with the creator of Nyan Cat, is injecting money into the site to create the illusion of a large sale. the eBay equivalent of bidding on your own item. there is a huge incentive to do this, because of the hype it creates (large sales = 'art world' news), leading to more people wanting to 'get in on the action'.
- ketamine__ 6y agoPrecisely. People have been doing this with plain ol' trading too. But then CMC started cleaning up the volumes and there were transparency reports on exchanges. Before this happened some exchange you never heard of was claiming to be a leader in volume.
- ketamine__ 6y agohttps://etherscan.io/address/0x7Eb28B2f14A59789ec4c782A5DD957F9C8F33f6b https://etherscan.io/address/0x7Eb28B2f14A59789ec4c782A5DD95... Notice there isn't much transaction history. We can speculate on what that might mean.
- deleted 6y ago[deleted]
- _jal 6y agoNFTs are perfect for the art world. There are already so many... call them information games, ranging from ego puffery to outright cons, that I'm surprised bitcoin hadn't infected it already. Should anyone wish to trade their fungible tokens for my nonfugible, but very pretty, buckets of bits, please hit me up.