Saturday, 18 September 2021 02:56 GMT

Literal Pure White Image Made NFT Sells For $4.8 Million At Auction - The Stonk Market


(MENAFN - ValueWalk) In the latest craze of NFT madness, a lot of the actual“artistry” in NFT listings has been called into question. Many believers of NFT's and Ethereum say art is subjective and it is no different than real-world 'abstract art'. However many are finding it hard to defend a blank image, that just sold at auctions for $4.8 million.

That's right a literal, blank, white image sold for $4.8 million. No hidden attributes, nothing special, comes with no perks to the buyer it is just a simple blank JPEG.

Many suspect this could be some weird sort of money laundering or tax evasion scheme, but the new owner of this NFT comes from Saudi royalty, meaning that $4.8 million is change he finds in between his couch making this a likely joke for the now owner of this NFT.

The creator of the NFT posted on Twitter,“This is crazy, I made that shit as a joke now I can retire at 25. Holy shit.”

MENAFN31072021005205011743ID1102546126


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.