“Thanks for believing in Nyan Cat all these years,” he gushed on Twitter. The meme’s creator, Chris Torres, was – as you can imagine – pleased. What’s even more enticing is that, because these tokens are digital and permanently associated with the artwork, artists can potentially also get a piece of any future resales. There are digital workplaces like Rarible and the aforementioned Foundation that sell these pieces of art and they can do so because NFT technology allows the artwork to be unique and identifiable. Mashable’s Jack Morse said that these are “unique digital items authenticated on the blockchain that are selling for upwards of hundreds of dollars”. What made this sale special is that it highlighted the possibilities of non-fungible tokens, or NFTs. Yes, someone paid more than half a million dollars for a digital image of a cat with a Pop-Tart body flying through the air. Yes, it’s bizarre, but it was and to this day remains a popular meme used by many for social media posts.Īccording to an Artnet report, the meme made news this past week after a digital recreation was sold on the online crypto art platform Foundation for 300 Ether (Ethereum is a digital currency not unlike Bitcoin). The video was of an animated cartoon cat with a Pop-Tart as its body flying through the air trailing a rainbow … and accompanied by a Japanese song playing in the background. The Nyan Cat was actually a YouTube video that was uploaded back in 2011 and yes, if you’ve looked at the link you’re reading that right: it has more than 185m views.
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