As Nyan Cat turns 10 this year, a one-of-a kind edition of the beloved GIF goes up for auction. The artist behind the iconic cat Chris Torres has remastered the original animation and will be selling it through the crypto art platform Foundation. The auction starts at 1pm ET and will run for 24 hours.
Crypto art is starting to get popular over the recent years. There are now a number of digital marketplaces such as SuperRare and Nifty Gateway- where collectors can purchase and sell digital artworks.
Crypto artworks are generally sold through “non-fungible tokens” that are unique digital tokens on a blockchain and verify ownership of a piece. That means there is an element of speculation and investment when buying crypto art since you can resell a work for profit in the future.
