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Yep, we’ve all heard of NFTs by now. Also yep, very few of us actually understand what they mean and why they get sold for millions of dollars. But alas here we are, and they’re currently all the rage, with some pieces like Beeple’s collage artwork going for more than a small country is probably worth. However, although they’re very much in right now, NFTs have actually been around for a while and there’s been plenty of sales that simply haven’t been as high profile. So, although there is absolutely no value in the majority of the pieces themselves as artwork (as you can see by th...

Record Sale Of $1.5 Million Done For Virtual Land Last Updated: 10 February 2021 Sometimes, the crypto space can surprise people in a very unique way. This surprise would be clear to most people when digital plots of land, which is represented by none-fungible tokens, or NFTs, managed to have one plot be sold for a jaw-dropping $1.5 million. This occurred within the Axie Infinity crypto-Tamagotchi virtual ecosystem, where various NFTs are offered for Axies, which themselves are fantasy creatures that inhabit “Lunacia.” Lunacia, in turn, stands as a virtual realm controlled by the player ...