NFT by singer David Bowie sells for $127,000.

Singer David Bowie’s rare NFT from his collection, ‘Bowie on the Blockchain’ was sold for a fortune on OpenSea. The rare Bowie NFT in collaboration with a 19-year-old NFT artist, FEWOCiOUS, was sold for 96.5 ETH or about $127,000, going by ETH’s market price at the time of the purchase. The news brings cheer amid […]

The post Singer David Bowie’s NFT sells for $127,000 appeared first on CoinSwitch.

Singer David Bowies unique NFT from his series, Bowie on the Blockchain, became available for a fortune on OpenSea.The unique Bowie NFT, created in collaboration with a 19-year-old vintage NFT artist, FEWOCiOUS, was sold for 96.five ETH, or approximately $127,000, based on the ETH market price at the time of the purchase.
The news brings cheer amid the wider crypto marketplace crash and lackluster NFT income. “Bowie at the Blockchain” is a 15-piece series that uses colorful motifs to celebrate the singer’s legendary pop hits.The series encompasses more than one NFT artist, FEWOCiOUS, whose actual name is Victor Langlois. Furthermore, the NFT offered a lively video clip with a shifting sculpture, which has one of all Bowies custom fits on for $127,000.

“I thought it changed into something so cool that he changed into what he desired to be constantly.” and built a world he wanted to live in.Thats without a doubt the sensation I attempt to seize in my art, “stated FEWOCiOUS within the series description.

However, Bowies NFT is no longer the primary within the latest marketplace to promote for a better price. Recently, an investor offered a CryptoPunk NFT for 3300 ETH, aka about $4.45 million, which counts as one of the biggest incomes in NFT history. Yet, the wider NFT marketplace has languished in recent months.

Trading volumes for NFTs have dropped with the aid of 97% from their record high in January 2022, in step with a Bloomberg record primarily based on information from Dune Analytics. From a high of $17 billion at the start of this year, NFT buying and selling extent nosedived to $466 million in September.

Furthermore, the NFT area additionally witnessed a discord hack frenzy this year. Crypto Within the month of May, Twitter posted an extended list of NFT Discord hacks. According to the listing, 70 Discord channels, inclusive of the ones belonging to fundamental initiatives like BAYC, RTFKT, and Cool Cats, have been exploited for the duration of the one-month period.

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