Someone paid a lot of money for an NFT commemorating the creation of the world wide web.
A buyer has paid $5,434,500 for a non-fungible token (NFT) commemorating the creation of the world wide web.
Auction house Sotheby’s auctioned the NFT by Sir Tim Berners-Lee, creator of the world wide web. It included four “mementos,” including a copy of the source code, a video file simulating writing the code, an SVG file of the code, and a digital letter written by Berners-Lee. All of these items are still available for your enjoyment on Sotheby’s website if you weren’t the lucky bidder.
The final price either includes the buyer’s premium, or the bidding skyrocketed in the final second. With just seconds to go, the auction stood at $4.5 million. Upon conclusion, it stated that the final price was $5,434,500.
What an utter waste of money.
I think “sales” like this are pure psyops. Fake and fraudulent. The currency creating fraudsters need to invent a new currency creating fraud now that people have awoken to their fiat currency fraud, and that’s why both cryptos and now NFTs are being pushed. They need to promote scams like this (many $millions) in order to give the appearance of value and to get suckers to buy into “cheaper” NFTs and increase their uptake by people. I have not and will never buy into any crypto or NFT – just like conventional fiat, someone creates them for nothing or near nothing and swaps our labour (via cash or other assets) for these worthless tokens. Gosh people can be gullible…
You gave me something to think about I wonder if NFT will crash too then
This has no intrinsic value. The auction houses would sell their own family for a commission.
Mika is right They live on commission Nothing else matters to them But good for them for being able to sell air for millions
Sotheby’s and Christie’s – exactly what I’ve been advocating for years for domain names. HA was a welcome beginning, I’ve mentioned all this before, but I’m sorry to say was “not it.” But Sotheby’s and Christie’s – a whole different animal and the biggest game changer ever?
What are you saying Can anyone understand you I can not But I want to Explain to me please
Sir Tim Berners-Lee, creator of the world wide web has helped make it possible for domain speculators to earn income from speculation.
I hope the proceeds from this sell are goinng to his bank account.
Still, I have no idea why NFTs are selling for such prices.
NFTs are just brands People pay dumb prices for shoes if it has a Nike symbol on it Same as NFT when I am just as happy with my digital copy of it as them with their digital signature of it
“With just seconds to go, the auction stood at $4.5 million. Upon conclusion, it stated that the final price was $5,434,500” That jump is almost $1 million in seconds to go or does it extent the auction
They don’t do auction extensions