Happy Friday, Blockfolians
If we’re being honest, this week was a liiiiiittle rough in the ol’ price department. Bitcoin, ETH…everything more or less was hammered. (Except…Cardano? Randomly?).
What wasn’t hammered though was the huge and growing enthusiasm for NFTs and digital art.
Nowhere was this more on display than with regard to the work of Beeple. Beeple made news a couple weeks ago when Christie’s Auction house announced that one of his works would be the first ever purely digital auction.
Then to top that, Nifty Gateway announced that another of Beeple’s works had sold for $6.6M - the largest price paid for an NFT ever.
The Christies Auction currently has a high big of $2.4M and is accepting bids until March 11th.
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Highly Relevant Reading
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That’s the supposed valuation of a new funding round for Kraken
Painfully, painfully true.