An actual house is an NFT now



A real estate broker named Shane Dulgeroff decided to take advantage of the NFT hype. He’s selling a house at 221 Dryden Street, in Thousand Oaks, California along with an NFT of a psychedelic-flavored video of the house.

The artwork and house are up for auction on OpenSea, with a minimum bid of 48 ETH, or almost $117,000. No one has bid yet, and the auction closes in seven days. The house previously sold at $746,000, according to real-estate platform Zillow.

“It’s less about the significance of the art as it is the significance of us using a platform like this to sell a home,” Dulgeroff told Fast Company. “The significance that the art will carry, it’s going to be stored in your digital wallet forever as living proof that you…

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The NFT art market has exploded in recent months, bagging unheralded artists and popstars eye-watering sums for their creations. But it’s not only humans who are cashing in on the craze. On Thursday, an NFT artwork co-created by Sophia the robot snatched almost $700,000 at an auction in Hong Kong. The winning bidder took home a 12-second MP4 file showing how the work evolved, as well as a physical “self-portrait” of the humanoid.   View this post on Instagram   A post shared by Andrea Bonaceto (@andreabonac_art) A number of other digital artworks were sold at the auction. Each was linked to a non-fungible token… This story continues at The Next Web

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Earlier this month, auction house Christie’s held an online auction in which a piece of art sold for a whopping $69 million. It wasn’t a work by Basquiat or de Kooning, artists who have fetched similar prices at auction. It was for a JPG file by the artist Beeple, sold as a nonfungible token or NFT—digital artwork that is verified as original through the use of blockchain.Read Full Story

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