Justin Sun Acquired NFTs of Digital Zones for $2 Million jcnnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jcnnewswire.com Daily Mail and Mail on Sunday newspapers.
One of the Earliest NFT ProjectsLAS VEGAS, NV, Oct 11, 2021 - (ACN Newswire) - TRON founder Justin Sun tweeted that he had recently purchased three Digital Zones editions, a series of NFT artworks created
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Tina Rivers Ryan on NFTs
Two frames from Chris Torres’s
Nyan Cat, 2011, GIF.
ON THE AFTERNOON of February 19 immediately after the classic internet meme known as Nyan Cat was auctioned for almost $600,000 digital art abruptly entered the most recent, and perhaps most heated, of its many hype cycles. In the weeks that followed, media outlets from
PBS NewsHour to
Saturday Night Live reiterated the story of record-breaking prices fueled by an enigmatic technology called the blockchain, which is a system used by techno-libertarians and anarcho-capitalists for encrypting immutable digital records in blocks of data across a decentralized chain of computers. Blockchains can be used to make fungible cryptocurrencies, such as Bitcoin, and also nonfungible “tokens” that can act as surrogates of specific assets, whether tangible or digital including files that are freely available online. These tokens, or NFTs, are traded as if they were de