'Golden Key' NFT Sold to Billionaire for 1000 ETH

32 is one of the most widely associated numbers with Ethereum. In fact, several datasets have been specially created to track the state 32+ token holders, for it serves as a proxy to the robustness of the network. However, on Tuesday, Feb. 28, ETH was trending with another number as the prefix. With over 10.8k tweets, “1000 ETH” was the talk of the crypto town at press time.

Source: Twitter

Also Read: Ethereum’s ‘Sepolia Shapella’ Upgrade Successfully Executed

Well, the same was associated with an NFT sale. Kyle “Mongraal” Jackson recently sold his “Dookey Dash” key NFT to billionaire Adam Weitsman for a whopping 1,000 ETH [worth $1.6 million]. Mongraal previously offered the NFT for 3,333 ETH [$5.4 million]. 

Announcing the same, he tweeted,

“I have agreed to sell the key for 1000 ETH to Adam Weitsman. Super nice guy and thrilled the sale went through with him.”

Also Read – Voyager Dumps Shiba Inu, Ethereum: Selling $100M Assets Weekly

Yuga Labs to receive ‘full’ royalties for NFT sale

Furthermore, Mongraal went on to specially “thank” Yuga Labs and affirmed that royalties “will be paid in full.” Notably, Yuga Labs is the creator of the NFT. Thus, it will receive 5% of the sale in royalties. The same amount would be approximately 50 ETH [$81.5k].

Mongraal earned the one-of-one key by topping the skill-based NFT game Dookey Dash. In the latest tweet, the creator appreciated Yuga Labs for “hosting an incredible competition.” The ‘Golden Key’ is set to unlock something special from Yuga Labs. Nevertheless, the specific details are not yet out.

Also Read: ‘JustinSun’ Stakes 200K Ethereum Tokens via Lido: LDO up 225%

Needless to say, the NFT sale topped the charts on Tuesday. On the other hand, four different Bored Ape Yacht Club NFTs occupied the 2nd–5th positions. Explicitly, they were sold in the price range of $117k to $109k each over the past 24 hours.

Source: CryptoSlam

Also Read: ‘Mysterious’ Ethereum Wallet Now Worth $400M+

  • ETH
  • nft
  • Yuga Labs

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