How Much Would You Pay For A JPEG Of A Cartoon Rock?
Clip art of a rock sold for 400 ether (about $1.3 million) on Monday afternoon. The transaction marks the latest sale of EtherRock, a brand of crypto collectible that’s been around since 2017, making it one of the oldest non-fungible tokens (NFTs) on the block. EtherRock is, as the name implies, a JPEG of a cartoon rock built and sold on the Ethereum blockchain. There are only 100 out there, and that scarcity is part of what’s driving up its value. So… would you pay $1.3 million for a JPEG of a cartoon rock?
Disclosure: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it.
How did you like this article? Let us know so we can better customize your reading experience.
Comments
No Thumbs up yet!
