Nan Cat turned 10 years old in April (still feeling old?) And to celebrate the anniversary of one of the healthiest memes on the internet, Chris Torres, the artist behind GIF, put out a new remastered version For auction. On Friday, the piece sold for 300 ethers at the Crypto Art Platform Foundation, which translates to about 7 587,000 depending on the value of the cryptocurrency at the time of publication.
In an interview with Edge, Torres said he never plans to sell another original image file of the Nyan cat, meaning the patron of this GIF now actually has a kind of piece.
He told the outlet, “I think it’s cool to know you own the only part that exists.” “And I think the Nyan cat will be really owned.”
Torres made a series of tweaks and modifications to the nearly decade-old GIF, including expanding the GIF and improving the details of making the art small touch-ups that have kept him in trouble for years. For example, in the original 12-frame animation a special star would appear and disappear randomly, so he took this opportunity to remove it completely. Torres told Edge that he thought the remastered version “got really good around this time.”
If your brown comes on that multi-thousand-dollar price tag, you should know that one moment hell is coming to the crypto art marketplace. Many platinum platforms have sprung up in recent years, such as Super Rare, Zora and the Nifty Gateway, with artists and supporters exchanging thousands of real-world digital dollars. The Foundation is the latest face on the scene, launching just two weeks ago, but it already has a reported 10,410,00 in sales, according to Wedge.
G / O media can get commission
These crypto art platforms typically represent a unique asset through “non-fungible tokens” or NFT, blockchain-based digital tokens. NFTs are not separable and no two are identical, so their ownership can be verified and tracked by a blockchain. However, it should be noted that on many crypto art platforms, actual sales, such as the new and improved Nian Cat GIF, are made with Ether, a cryptocurrency that runs on the Etherium blockchain and second only to Bitcoin. According to the terms of market capitalization and volume Reuters.
The crypto community has been buzzing about NFT for a while, but traditional branches of the art world have only recently begun to embrace blockchain technology. This week, Christie’s famous auction house Pure NFT-based collection announces first auction: “Everydays: The First 5000 Days” digital artist by Beeple, sold for digital works in the NFT-based series Million 3.5 million in December. Even Christie’s Confirmed with Bloomberg That he plans to accept ether as payment for the main price of the artwork (the collector will still have to use old-fashioned dollar dollars to cover any additional auction house fees).
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