NFT Sold at Auction House for $131K

The Christie’s auction house has sold a digital portrait of Bitcoin (BTC) inventor Satoshi Nakamoto for $131,250, making it the most expensive NFT ever sold.

• The digital portrait, titled Block 21, is a Non-Fungible Token (NFT), and the first of its kind to be sold through the famous auction house

• Block 21 was created by artist Ben Gentilli, and is one in a 40 part collection, each part being a disc with Bitcoin's code

• The entire series, called "Portraits of a Mind", has 322,048 digits of the original code

• Christie’s initially estimated that the artwork would sell for between $12,000 - 18,000

• The NFT part of the artwork was designed by Async Art

Resources

1. https://www.flickr.com/photos/159526894@N02/43393420042/in/