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Lil Yachty Collectible Fetches $16K in Latest String of High-Profile NFT Auctions
The lucky winner is “westcoastbill” – a user who appears to have sniped Tyler Winklevoss by $50 at the last minute.
Continuing a trend of splashy non-fungible token (NFT) auctions in recent days, rapper Lil Yachty has sold a digital collectible for $16,050.
A História Continua abaixo
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The lucky winner is “westcoastbill” – a user who appears to have sniped Tyler Winklevoss by $50 at the last minute. Winklevoss, a “bitcoin billionaire,” is the owner of the NFT marketplace on which the “YachtyCoin” was auctioned.
AUCTION OPENING in 5 minutes from @lilyachty!!! It is the ONLY NFT in his collection!!!
— Nifty Gateway (@niftygateway) December 15, 2020
Current Bid:
N/A
Follow Live:https://t.co/eufyjr0f0s pic.twitter.com/YS4aHsgHbU
The NFT auction on Nifty Gateway follows a Lil Yachty social token sale on Fyooz last week that raised approximately $276,000 for the Atlanta-born rapper.
A Nifty Gateway spokesperson confirmed Wednesday's winning bid went to Bill Lee, a general partner at early-stage VC firm Craft Ventures.
Gemini acquired Nifty Gateway in late 2019, with Tyler Winklevoss saying in a statement at the time, “We believe that both real-world and digital collectibles will migrate onto blockchains in the form of nifties.” NFTs are provably unique digital collectibles whose provenance is tracked on the blockchain, typically Ethereum.
Earlier this week, digital artist Beeple sold a collection of NFTs on Nifty Gateway for a whopping $3.5 million. A Sean Lennon piece recently sold for $3,000.
Such are the prerogatives of the crypto-rich.
Doreen Wang
Doreen serves as a video journalist and writer for CoinDesk. She graduated from NYU's Arthur L. Carter Journalism Institute, where she focused on broadcast journalism. She has no significant crypto holdings.
Zack Seward
Zack Seward is CoinDesk’s contributing editor-at-large. Up until July 2022, he served as CoinDesk’s deputy editor-in-chief. Prior to joining CoinDesk in November 2018, he was the editor-in-chief of Technical.ly, a news site focused on local tech communities on the U.S. East Coast. Before that, Seward worked as a reporter covering business and technology for a pair of NPR member stations, WHYY in Philadelphia and WXXI in Rochester, New York. Seward originally hails from San Francisco and went to college at the University of Chicago. He worked at the PBS NewsHour in Washington, D.C., before attending Columbia’s Graduate School of Journalism.
