$ 600,000 meme: "Nyan Cat" GIF sold at auction

The symbol of the Internet of the 2000s, the “Nyan Cat” GIF was sold at a crypto art auction for $611,853.

How they sold it

The auction was conducted by the author of the original animation, Criss.Torres on the crypto art platform Foundation. It all started with a starting price of 3 Ether (Etherium cryptocurrency), which increased a hundred times during the auction. At the time of writing, this is approximately $611,850.

The promotion is timed to coincide with the tenth anniversary of the meme, especially forFor this event, Criss drew “Nyan Cat” in high resolution. According to him, this image exists in a single copy and will not be sold again.

“I think it’s cool to know that you have the only piece of art that exists. I think owning Nyan Cat is something special,” Torres told The Verge.

The auction was supported by an NFT (non-fungible token), so this Nyan Cat is essentially a unique item in digital form.

Source: Engadget

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