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Nyan Cat Meme From 2011 Sold For About US$590,000 In An Online Auction.
3 years ago
18
NFT art products – which operate as a type of digital asset or token – have in some instances sold for over US$3.5 million a piece, contributing to a crypto art market that is currently valued at over US$100 million.
For Chris Torres, the creator of Nyan Cat, the NFT sale represented his first foray into crypto art. “I’m very surprised with the success, but I think I’m most glad knowing that I’ve basically opened the door to a whole new meme economy in the crypto world,” Torres told
Bids for Nyan Cat started at 3 Ether (ETH), or about US$1,544.38, and closed at 300 ETH, about US$590,000, at the time of the sale.
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