Unreal demand? Irregular sales worth billions fire up wild NFT market


FILE PHOTO: Visitors are pictured in front of an immersive art installation titled "Machine Hallucinations - Space: Metaverse" by media artist Refik Anadol, which will be converted into NFT and auctioned online at Sotheby's, at the Digital Art Fair, in Hong Kong, China September 30, 2021. REUTERS/Tyrone Siu

LONDON (Reuters) - On Jan. 12, an image of a computer-generated pixelated person was sold for about $50.6 million worth of cryptocurrency on a new online marketplace that caters for non-fungible tokens.

It gets stranger.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Russian billionaire Potanin acquires minority stake in cloud provider Selectel
Google co-founder explains one of the company’s most infamous failures
South Korea's L&F slashes value of battery material supply deal with Tesla
TikTok challenge of violently kicking doors unnerves residents, puts US police on alert
Why Spotify’s latest problem could change music forever
SoftBank nears deal for data center investment firm DigitalBridge, Bloomberg News reports
Larry Ellison, not Elon Musk, was the tech titan who defined 2025
Gmail to let users change their addresses while keeping data
German hacker group urges monthly Digital Independence Day
Virtual reality opens doors for older people to build closer connections in real life

Others Also Read