A set of 107 non-fungible tokens (NFTs) representing images of cartoon apes sold for $24.4 million in an online sale at Sotheby's auction house on Thursday, as the market for the niche crypto-asset continues to heat up.
The images were part of the "Bored Ape Yacht Club" collection of NFTs - a set of 10,000 computer-generated cartoon apes, made by the US-based company Yuga Labs.
Owners of the ape NFTs become members of an online club.
An NFT is a digital asset that uses blockchain technology to record who owns a digital object such as an image, video or in-game item. While anyone can view the asset in question, only the buyer can say they are the "official" owner.
Read more - https://www.gdnonline.com/Details/966616/Set-of-Bored-Ape-NFTs-sells-for-$244-mln-in-Sothebys-online-auction
