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Here Are the 10 Most Expensive NFT Artworks, From Beeple's $69 Million Opus to a 18-Year-Old's $500,000 Vampire Queen

Here Are the 10 Most Expensive NFT Artworks, From Beeple's $69 Million Opus to a 18-Year-Old's $500,000 Vampire Queen
artnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artnet.com Daily Mail and Mail on Sunday newspapers.

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Crypto Pepes: What does the frog meme? – Cointelegraph Magazine


When BarnBridge founder Tyler Ward decided to change his profile pic a few weeks ago, he inadvertently created a Pepe the Frog NFT meme craze embraced by celebrities and the DeFi community that was on track to reap more than $60 million in sales on the OpenSea auction platform.
Then the wheels fell off rather spectacularly. Magazine chats with Ward on Monday, Feb. 22, after the first 20 of 1,069 Non-Fungible Pepes were sold at an average price of $62,671 each, and he can’t quite believe it. 
“We sold like $1.3M worth of Pepes, like 20 of them,” he says. “One of them went for $200,000!” ....

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Rarest Pepe — 'most important NFT in art history' — sells for 205 ETH


Rarest Pepe — ‘most important NFT in art history’ — sells for 205 ETH
With more than $300M spent on NFTs this year, it is no surprise that one of the rarest Pepe NFTs “Homer Pepe” just changed hands for $320,000.
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The rarest Pepe of them all, “Homer Pepe”, has sold for 205 ETH ($320,000) according to owner Peter Kell.
The one-of-a-kind card displays a morph between Simpsons character Homer and the infamous Pepe The Frog.
Peter Kell s Instagram post. Source: Instagram
Pepe is a cartoon frog created by artist Matt Furie and has inspired countless memes on the internet including Rare Pepes, one of the first art experiments on blockchain. ....

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Kenny Schachter Gets Sucked Into the Surreal NFT Art Vortex... and Mints a Fortune Overnight


Kenny Schachter Gets Sucked Into the Surreal NFT Vortex… and Makes a Fortune Overnight in the New Virtual Art Market
Our columnist describes his entry into the wild, revolutionary, and highly confusing art market springing up around virtual artworks.
February 24, 2021
My second drop on Nifty Gateway woohoo, I reinvented myself in late middle age. Courtesy of Kenny Schachter.
While writing this, I’m on WhatsApp chatting to a friend, listening to (yet another) Clubhouse talk drone on, and participating in a group discussion on Discord. If you have to ask what any of those are, you may not want to read any further. The topic du jour? A new pandemic that’s spreading quicker than COVID, and though it won’t be as devastating health-wise (and I’ve been fighting chronic headaches and fatigue months after fending off the virus), it may cause a lot of pain financially, that is. Put simply, Non Fungible Tokens (NFTs) are digital artworks hosted on a decentralized ....

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Decrypting crypto art: The new art movement on the block(chain)


Decrypting crypto art: The new art movement on the block(chain)
How lucrative the rare pepe-making market is becoming
In November 2017, Leonardo da Vinci’s
Salvator Mundi was sold at Christie’s, the biggest auction house in the world, for US$450.3 million. In October 2020, Satoshi Nakamoto’s
Block 21 was sold at Christie’s for $131,250.
The former is the most expensive piece of art in the world. The second is the first piece of crypto art to ever be sold at a major auction house.
Cryptocurrencies have been having their moment for a while, with the 2018 Bitcoin mania (which, by the way, was created by the person under the alias of  Satoshi Nakamoto) and the recent rumours that it could replace paper money once central banks inevitably crash due to the pandemic. And because, of course, it wouldn’t be the internet without the idiosyncratic evolution of an underground subculture, there’s now also an increasing presence of crypto art in the crypto ....

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