Nyan Cat Open Doors to the ‘Meme Economy’

In this post, we talk about Nyan Cat NFT Sells for 300 ETH-Open Doors to the ‘Meme Economy’. Nyan Cat’s creator Chris Torres said, “I opened the door to a whole new meme economy in the crypto world,”. Although the story internet passion, Nyan Cat, sold for 300.00 ETH (around $590,000) in an online auction. It was not only the Gif file that sold. Also, it yet reproducing and found everywhere online but a cryptographic mixture of the stimulant image on the Ethereum blockchain. 

First, try with nonfungible tokens (NFTs)

Since 10 years ago, Chris Torres creator of the meme approved the sale and email. This was his first try with nonfungible tokens (NFTs). It is a type of digital asset that take the crypto scene by blast recently. NFTs, like Bitcoin, very rare and uniquely identified. They found application in the world of digital art. As well As more earth-bound industries. 

The crypto art platform Foundation

The sale took place on the crypto art platform Foundation, which launched just a few times ago. The auction opened for 24 hours, with proposals starting at 3 ETH.

Torres’ sales make the latest change in the NFT industry. Such as classifying and selling bits of the web that relate to everyone. Chris Torres surprised by the success. Also, he thought most glad knowing that he opened the door for a whole new meme economy in the crypto world.

Continuously, the creators of memes would regularly see tiny payments for their work. Also, some scored book dealings, as well as, other sold t-shirts and stock. With crypto, any idea can utilize directly. As well As the creator’s identity can surely attach to the work. Also, it gives the most direct way to repay someone for things. So this is about Nyan Cat NFT Sells for 300 ETH-Open Doors to the ‘Meme Economy’.

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