The NFT boom

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Relatively unknown until a few months ago, today NFTs are on everyone's lips.This happened above all in relation to some transactions that objectively left everyone stunned.The news came a few days ago that a JPG file created by Mike Winkelmann, the digital artist known as Beeple , was sold by Christie's in an online auction for $69.3 million (starting from a starting price of 100 USD ), this is for a JPG file of a work that only exists digitally.



Everydays The First 5000 Days” is a collage of all the images that Special Data the artist known as Beeple has published online every day since 2007.Today, the constant flow of news surrounding NFT technology (and mega sales, as well as nouveau riche news) is difficult to follow, and the topic is even covered in newspapers and magazines.Cryptopunks and NFTsProbably little known in Italy except to blockchain enthusiasts, the cryptoPunks Represented the first phenomenon.CryptoPunks are a series of 24 x 24 pixel avatars and are computer generated. No two are identical. As one of the first NFT projects on the Ethereum blockchain, Larva Labs made all 10,000 CryptoPunks available to anyone in June 2017.




With bidding, buying and selling options available directly on the Larva Labs website, a secondary market quickly emerged around CryptoPunks and trading cards have sold at an average price over the last year of around €20,000 a piece!There are currently 1,415 trading cards for sale and the total value of Cryptopunks traded has exceeded $240 million.In the wake of this phenomenon Larva Labs is about to put MeeBits on the market , 3D and animated versions of the much simpler CryptoPunk.