23.05.2024

NFT token with Homer Simpson was sold for $ 320,000 bringing the owner 700% of the profit

The hype around NFT continues, and with it the wave of completely unrealistic prices. We recently received another rare 6-figure NFT.

This time it’s not a digital celebrity collectible or an exclusive audiovisual piece.

Homer Pepe is a digital map that combines Homer Simpson and the meme sensation Pepe the Frog, which was sold for 205 ETH for about $ 321,440 at today’s prices.

The digital collectible is a one-of-a-kind edition, which partly explains the cost.

Card seller Peter Kell posted a post on the matter on Instagram:

“This is an absolutely insane event in the NFT world. I definitely understood the value of digital art. This is further proof that NFTs are real and will be an important part of art sales in the future. ”

Kell originally acquired Homer Pepe at the 2018 Rare Art Labs digital art festival. During the auction of various rare collectibles, he bought this NFT for $ 38,500. Then the high price tag made it the most valuable piece in the collection.

In less than three years, Homer-Pepe’s price has risen by over 700%.

One of the most famous artists of the NFT movement, Beeple, is currently selling his work at Christie’s, titled “Everydays: The First 5000 Days,” which has been called a watershed moment for the NFT space. At the moment, bids have reached $ 3 million, there are nine days left until the end of the auction.

Bipl’s «CROSSROADS» sold for $ 6.6 million last week, making it NFT’s most expensive piece to date.

And the work Punk 2140 was bought for 750 ETH ($ 1,184,280.03) with the address 0x497059 from 0xd387a6.

The high prices of some NFTs helped bring attention to the digital art space, which remains quite controversial to this day.

Where can you buy and sell NFT tokens?

OpenSea is the largest online marketplace for digital collectibles and other rare electronic assets. On OpenSea, you can buy and sell non-fungible tokens (NFTs), including the ERC721 and ERC1155 standards, and discover a variety of digital goods.

Collectibles NFT Platform

The OpenSea platform was founded in November 2017 and is today the largest marketplace for buying and selling digital collectibles and other rare assets. The platform offers over 300 types of assets and over 10,000,000 items.

Thanks to OpenSea, you can buy, bid, and discover digital collectibles and other assets such as domain names and member-specific NFTs.

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