Posted on 05/26/2023 2:07:57 PM PDT by nickcarraway
Auction house Sotheby's announced Friday seven non-fungible tokens from bankrupt cryptocurrency hedge fund Three Arrows Capital sold for about $2.5 million.
Of the tokens, "Fidenza #725," an image with graphic dashes and curves in a muted palette of cream, yellow, pink and black, fetched the highest price at over $1 million. Three Arrows Capital purchased it for 135 ether in 2021, equal to about $341,786 at the time, according to DappRadar.
The auction was part of liquidating Three Arrows, according to a February memo from Teneo, one of the court-appointed liquidators.
(Excerpt) Read more at channelnewsasia.com ...
I’d have bought it, but all my money is tied up in Tulips.
People are stupid...buying an NFT...Good God!
Good one...
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