An Banksy that is original artwork by a group of crypto-savvy artists has sold for 228.69 ETH, or approximately $380,000 at purchase.
The group behind the statement on non-fungible tokens (NFTs) accepted the offer afternoon Eastern time sunday. The OpenSea purchase comes just times following the combined group physically burned the artwork in a Brooklyn park. An supply that is early in the day this week that the artists purchased the piece for approximately $100,000.
Injective Protocol may be the firm behind the Banksy buy. Spokesman Mirza Uddin said the group remains making a choice on which charity will get the proceeds from the NFT purchase, it will be COVID-focused though he did state.
“We’re currently planning our next event in collaboration by having a musician that is prominent” Uddin told us. “Our aim is to bridge the entire world of old-fashioned art using the world of NFTs. So, we’ll undoubtedly be doing more to uphold this ethos.”