An NFT was just sold for half a billion dollars, and then it was returned
India Today
Talks of an NFT transaction are now abuzz on Twitter as the digital asset involved the exchange of half a billion dollars. Here is how such a massive transaction was made possible through a single account.
The world of cryptocurrency is abuzz with NFTs and everyone seems to be going gaga over them. This hype is often boosted by the involvement of celebrities. However, this time, a simple NFT sale is gaining everyone's attention online. Why? The NFT was sold for a jaw-dropping half a billion dollars.
The sale of the NFT was recently made public on Twitter. The information was first captured in a tweet by a Twitter bot that tracks sales of CryptoPunks, an Ethereum-based NFT project that started in 2017. The Twitter bot tweeted on Friday that an NFT named Punk #9998 was sold for 124,457.07 ether (ETH), amounting to a mind-blowing $532.414 million.