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MetaZoo NFT Sells For $214K

Earlier this week, MetaZoo co-founder Steve Aoki listed the brand’s first ever NFT art-piece on the Sotheby auction site. The Mothman-inspired NFT was created in collaboration with the famous Israeli artist Gal Yosef who has been at the forefront of 3D artwork for several years now.

The popularity of both the artist and MetaZoo was not lost on the public considering the piece just sold for an incredible $214,200 USD.

MetaZoo Mothman NFT Sold For $214,200 USD

Sotheby is one of the oldest and most prestigious auction brokers in the world. They are most famous for their brokering of fine art, jewelry, and other collectibles. It was only recently that Sotheby decided to expand their business and launch a marketplace (titled Metaverse) to host the new generation of digital media known as NFTs. To be the first TCG listed on the website is surely a great honor for the MetaZoo brand.

At this point in time, it remains to be seen what the exact use case will be for NFTs. The most likely application will be some sort of virtual art gallery. While the technology required for this has slowly been improving, much of it is still in its infancy and will require years of additional development before it is perfected.

To give you an idea of what this might look like, you can check out this screenshot above from the MetaZoo VR Museum we designed a few months ago. In theory, viewers of the art gallery would pay an entrance fee via their cryptocurrency wallet and then browse the various exhibits. This idea is currently just a proof-of-concept but it’s likely to become real in the future.

Let us know your thoughts below. What do you guys think the future of NFT artwork will look like?

What do you think?

Written by Michael

Opinions are my own. I enjoy writing about the good and the bad of the trading card game industry. If there is a factual error in one of my articles, please email me the omitted information and I'll gladly make revisions. In my personal life, I participate in an amateur polo league and occasionally put around in a Cessna 172

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