Visa buys a CryptoPunk for $150,000 as its first step into NFT commerce

    One of the world’s largest card payment organizations, Visa, has purchased an NFT for over $150,000, signaling that NFTs are here to stay. Visa said Monday it bought a “CryptoPunk,” one of the thousands of NFT-based digital avatars, for nearly $150,000 in Ether. “We think NFTs will play an important role in the future of…

    NFT market alive again and surging steeply

    Non-fungible token (NFT) activity is far from dead and seems to be picking up speed – with rich investors spending millions on artworks, NFTs are selling for millions for a piece, and the trading volumes are growing up again. Jeff Dorman, Chief Investment Officer of US-based investment management firm Arca, said on Twitter: “The rise…

    Sotheby’s sold a Cryptopunk NFT for $11.8 million

    Recently, a Cryptopunk NFT was sold for almost $12 million among works of other artists during a Sotheby’s auction organized virtually. Sotheby’s looking forward to strong demand for this new type of digital good in the future, even as NFT’s craze stepped down last weeks. A leading Sotheby’s auction house announced on Thursday the sale…