• 'Nyan Cat' flying Pop-Tart meme sells for nearly $600,000 as one-of-a-kind crypto art

    12 days ago - By Business Insider

    Summary List Placement A one-of-a-kind digital rendition of the Nyan Cat meme from 2011 sold for about $590,000 in an online auction on Friday.
    Over the past few weeks, online sales of nonfungible tokens, more commonly known as NFTs, have taken off, as cryptocurrencies like Bitcoin boomed .
    NFT art products - which operate as a type of digital asset or token - have in some instances sold for over $3.5 million a piece, contributing to a crypto art market that is currently valued at over $100 million .
    For Chris Torres, the creator of Nyan Cat, the NFT sale represented his first foray into...
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