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Someone actually paid $1.3M for an NFT cartoon rock

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nypost.com

Vice’s Motherboard has reported — that is, until NFT-based sales broke through the mainstream last year. UK-based crypto-trader Tom Osman came forward as the seller of EtherRock #42, which he purchased just a few weeks prior at only 1.7 ETH, or about $4,800 at the time. “I think this might be the best investment of my life so far,” he said of the transaction.

Just last week, the rocks were selling for a mere few hundred thousand dollars before spiking on August 23. EtherRock, as they’re called, has become something of a status symbol among crypto-traders, according to Motherboard.

EtherRock #42’s current owner is reportedly also one of the few to snag a coveted CryptoPunk, paying 4,200 ETH in March, which was worth about $7.6 million at the.

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