How our NFT auction went
We raised around $420,000 for charity
“DOWN THE rabbit hole”, were the words on our cover on decentralised finance in September. To illustrate it Justin Metz, a visual artist, looked to the first edition of “Alice in Wonderland” for inspiration. On 25th October we put a non-fungible token (NFT) of that cover up for sale. A little over a day later, after a late flurry of bids, it sold for 99.9 ether (around $420,000).
This article appeared in the Finance & economics section of the print edition under the headline “The NFT party”
Finance & economics October 30th 2021
- The market for non-fungible tokens is evolving
- How our NFT auction went
- The Democrats target companies with giant profits but tiny tax bills
- As energy prices spike, governments reach for the dirtiest tool in the box
- Why currency volatility could make a comeback
- China’s long wait for a tax everyone loves to hate
- Remote-first work is taking over the rich world
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