Last Week In NFTs, September 3
A Doge NFT is now valued at over $550 Million, shattering previous records
A NFT of the famous Doge meme has been fractionalized and turned into “Dog coin”, a series of 17 billion NFTs each representing a piece of the original Doge NFT. The estimated market value of the NFT is currently over $550 million, making it the most expensive NFT.
A fake Banksy NFT was sold to a British collector, from the artist's own site. Soon after, the funds of $336,000 used to purchase the counterfeit were returned to the victim.
The luxury fashion brand DKNY recently announced a logo redesign, as well as its plans for the auctioning off of their new logo as an NFT.
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Lifetime Cryptopunks sales flew past $1 billion, leaving each individual cryptopunk worth around $450,000 of ethereum.
The Indian super-celebrity Amitabh Bachchan has plans to release a series of NFTs on the new NFT marketplace Beyondlife.club.
The world’s largest NFT marketplace, OpenSea, has reported a $3.4 billion transaction volume in ethereum in August alone. This is more than 10 times higher than July’s volume.