{"id":40922,"date":"2021-04-17T14:43:45","date_gmt":"2021-04-17T11:43:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40922"},"modified":"2025-08-30T16:23:02","modified_gmt":"2025-08-30T13:23:02","slug":"gray-pixel-nft-sells-for-1-36-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/gray-pixel-nft-sells-for-1-36-million\/","title":{"rendered":"Gray Pixel NFT Sells for $1.36 Million"},"content":{"rendered":"<p>An anonymous artist going by the pseudonym Murat Pak <a href=\"https:\/\/niftygateway.com\/itemdetail\/primary\/0xc7cc3e8c6b69dc272ccf64cbff4b7503cbf7c1c5\/1\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">sold<\/a> his work &#8216;The Pixel&#8217; as a non-fungible token (NFT) for $1.36 million. The auction took place on the Nifty Gateway platform from April 12 to 14.<\/p>\n<p>The work &#8216;The Pixel&#8217; appears as a plain 1&#215;1 gray pixel. It <a href=\"https:\/\/forklog.com\/en\/news\/sothebys-to-hold-its-first-nft-auction-on-nifty-gateway-featuring-digital-cubes\">became part of the joint collection<\/a> &#8216;The Fungible&#8217; by the artist, with Sotheby&#8217;s, the auction house founded in 1744.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Official number for The Fungible is shared with me:<br \/>$16601499<\/p>\n<p>&#8220;The Oracle&#8221; will be one of the two comments (from over 1700):<\/p>\n<p>Need to make sure that this account is authentic (reach me <a href=\"https:\/\/twitter.com\/Buso91?ref_src=twsrc%5Etfw\">@Buso91<\/a>):<a href=\"https:\/\/t.co\/ij9N8NL3PT\">https:\/\/t.co\/ij9N8NL3PT<\/a><\/p>\n<p>And here is our fallback plan:<a href=\"https:\/\/t.co\/cotVjJs9UE\">https:\/\/t.co\/cotVjJs9UE<\/a><\/p>\n<p>\u26aa\ufe0f <a href=\"https:\/\/t.co\/6w39Vq0dzb\">https:\/\/t.co\/6w39Vq0dzb<\/a><\/p>\n<p>\u2014 Pak (@muratpak) <a href=\"https:\/\/twitter.com\/muratpak\/status\/1383165981258874885?ref_src=twsrc%5Etfw\">April 16, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>According to Pak, the collection&#8217;s tokens sold for about $16.6 million. The collection includes NFTs in the form of digital &#8216;cubes&#8217; in eight varieties:<\/p>\n<ul class=\"wp-block-list\">\n<li>A Cube (1);<\/li>\n<li>Five Cubes (5);<\/li>\n<li>Ten Cubes (10);<\/li>\n<li>Twenty Cubes (20);<\/li>\n<li>Fifty Cubes (50);<\/li>\n<li>Hundred Cubes (100);<\/li>\n<li>Five Hundred Cubes (500);<\/li>\n<li>Thousand Cubes (1,000).<\/li>\n<\/ul>\n<p>For example, a buyer of six digital &#8216;cubes&#8217; received two kinds of NFT: one A Cube and one Five Cubes. A buyer of 26 &#8216;cubes&#8217; received three kinds of NFT: one A Cube, one Five Cubes and one Twenty Cubes.<\/p>\n<p>The most expensive non-fungible token remains Beeple&#8217;s &#8216;Everydays: The First 5000 Days.&#8217; The piece <a href=\"https:\/\/forklog.com\/en\/news\/beeples-nft-sells-at-christies-for-69-3-million\">went under the hammer for $69.3 million<\/a>.<\/p>\n<p>Earlier, the maker of Funko collectible vinyl figures <a href=\"https:\/\/forklog.com\/en\/news\/funko-to-launch-nfts-after-taking-majority-stake-in-tokenwave\">announced the release of its first NFTs<\/a> in June. The starting price will be $9.99.<\/p>\n<p>Earlier, former NSA and CIA employee Edward Snowden <a href=\"https:\/\/forklog.com\/en\/news\/edward-snowden-sells-his-own-nft-for-5-5-million\">sold his first NFT for 2224 ETH<\/a> \u2014 about $5.5 million at the time of writing.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our Telegram \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An anonymous artist going by the pseudonym Murat Pak sold his work &#8216;The Pixel&#8217; as an NFT for $1.36 million.<\/p>\n","protected":false},"author":1,"featured_media":40923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1213],"class_list":["post-40922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=40922"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40922\/revisions"}],"predecessor-version":[{"id":40924,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40922\/revisions\/40924"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/40923"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=40922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=40922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=40922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}