Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction
Crypto art being bought and offered as ERC-721 non-fungible tokens (NFT) continues to be making the news in line with the record-breaking sales being observed. This emerging marketplace is gaining traction regardless of the uncertain economic occasions, based on data acquisition and analytics company DappRadar.
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Crypto artworks selling in excess of $100,000
September 21st marked the very first time a crypto work of art have been bought not less than $100,000, following a unparalleled purchase of “Matt Kane’s Right Place & Right Time” on Async.art. This offered like a signal to exhibit the untapped potential within this emerging market.
Per the report:
“Now, under three several weeks later another piec...