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Unraveling the mystery of the world’s most expensive NFT, it looks nothing but is worth nearly 2,400 billion VND

2021 is probably one of the years that marks the explosion of new concepts with the online community like NFT, GameFi, Blockchain or later Metaverse too. And although it is just the beginning of a trend, or even exaggerated by many people into a new “technological revolution”, NFT, Blockchain works and projects have already been owned by many people. own prices that perhaps hardly anyone can imagine. Typically, the world’s most expensive NFT work at the moment, which, at a glance, no one would think it was worth nearly 100 million USD (about 2,400 billion VND).

Unraveling the mystery of the world's most expensive NFT, it looks nothing but is worth nearly 2,400 billion - Photo 1.

The Merge – the most expensive NFT work in the world so far

Accordingly, the most expensive NFT work at the moment is called The Merge – a digital painting created by an anonymous artist named Pak – who is famous in the NFT community for his iconic works. Icon. It is known that this NFT was sold on December 6, 2021 for $ 91.8 million on the Nifty Gateway market. It is worth mentioning, The Merge is not a single NFT and after only two days of opening, it has attracted more than 28,983 collectors.

Unraveling the mystery of the world's most expensive NFT, it looks nothing but is worth nearly 2,400 billion - Photo 2.

Its value is said to be up to 91.8 million USD (nearly 2,400 billion VND).

According to many opinions from the online community, the most obvious reason why The Merge’s value is so “inflated” is because it does not have a real “owner”. As mentioned above, this work has 28,983 owners and is broken down into 266,445 blocks, with the initial value of each block falling to about $545 at the time of the sale. To buy the NFT pieces in this The Merge block, users need to buy directly in the auction. Every 6 hours that pass, an NFT block adds $25. So to buy at the lowest price, many people had to queue early.

Unraveling the mystery of the world's most expensive NFT, it looks nothing but is worth nearly 2,400 billion - Photo 3.

NFT is being considered by many as the development trend of the future

Based on some sources, Pak’s main purpose of creating The Merge was simply to attract more new generation of NFT players. The more interesting is that, as the guy announced, The Merge can merge – as the name suggests into 1 single NFT. But this can only happen when one person has enough financial power to take over all the individual blocks.

Currently, The Merge – with Pak’s unique idea is still the most expensive NFT work in history. But in the opinion of many people, with the current strong growth and development momentum, the $91.8 million figure set by The Merge probably won’t last too long.

Information about cryptocurrencies (cryptocurrency), commonly known as “virtual money” has not been recognized by law in Vietnam. The information in the article is for reference only and has no investment recommendation value. GameFi (short for Game + Finance) is a term that refers to blockchain games that incorporate a financial element. The information in the article is for reference only and has no investment recommendation value.

https://gamek.vn/ven-man-bi-an-ve-nft-dat-nhat-the-gioi-trong-chang-co-gi-nhung-gia-tri-len-toi-gan-2400- ty-20220403120531971.chn

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