Questions tagged [sothebys]

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Daniela Daniela Sat Jun 08 2024 | 7 answers 2182

Who sold the first NFT?|Quantum was minted by Kevin McCoy in May of 2014, before Ethereum had launched or the term NFT (Non-fungible token) was even introduced. The NFT was then sold at for $1.5m in June 2021.Sotheby's

Who was the first person to sell an NFT? Kevin McCoy, a pioneer in the digital art world, created Quantum in May 2014, prior to the establishment of Ethereum or the widespread adoption of the term NFT, which stands for Non-fungible token. This remarkable digital asset was subsequently sold at Sotheby's for a stunning price of $1.5 million in June 2021. But who was the buyer? Was it a collector, an art investor, or perhaps someone from the crypto community? And what made Quantum so valuable? Its uniqueness, its historical significance, or perhaps its potential as a collector's item? The sale of Quantum not only marked a significant milestone in the history of NFTs but also demonstrated the growing popularity and value of digital art and cryptocurrency.

Who sold the first NFT?|Quantum was minted by Kevin McCoy in May of 2014, before Ethereum had launched or the term NFT (Non-fungible token) was even introduced. The NFT was then sold at  for $1.5m in June 2021.Sotheby's

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