NFT History

NFT Market Surpassed $40 Billion in 2021 according to Bloomberg technology.

2022 – Twitter enables the use of NFTs as profile pictures.

2022 – Coinbase to launch NFT exchange

2021- Twitter co-founder Jack Dorsey sold his first ever tweet as an NFT for more than $2.9 million. The tweet, which says, “just setting up my twttr,” was first posted by Dorsey on March 21, 2006.

2021- Everydays: the First 5,000 Days – The most expensive NFT was sold by Christie’s auction house for $69 million dollars. Beeple’s Everydays artwork series, with 5000 pieces of art created since May 2007. Christies has been around more than 250 years giving NFTs much credibility.

2021- $17 Million Realized in Sotheby’s First NFT Sale with Digital Creator Pak. Sotheby’s was founded more than 275 years giving NFTs much credibility.

2017- Cryptopunks-Creative technologists John Watkinson and Matt Hall created a set of 10,000 unique characters on the Ethereum blockchain, whereby no two were the same. The 10,000 Cryptopunks were rapidly snapped up and traded online. As of 8 April 2021, the third most expensive NFT is the CryptoPunk #7804 is one of nine ‘Alien CryptoPunks’ designed by Larva Labs, and it is one of its rarest designs. This particular design has an alien with sunglasses, wearing a cap and smoking a pipe. It was auctioned off for $7.57 million.

2014- “First Ever NFT” Sells for $1.4 Million- Kevin McCoy minted his non-fungible token “Quantum” in 2014, long before the crypto art market exploded.

Whether you’re a seasoned collector or first time buyer of an NFT you’ll be in great company.
The three biggest and oldest auction houses have been fully committed to promoting and offering a larger variety of NFT’s. Sotheby’s established in 1744, Christie’s has been around since 1776 and Phillips auction house founded in 1796

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