“The Merge,” a piece of digital art that sold for the equivalent of $92 million, left Dragon behind as the NFT market surged to record sales, totaling roughly $18 billion in 2021. But the sky-high transaction obscured a more difficult truth: CryptoKitties was dying, and it had been for some time.ĭragon was never resold-a strange fate for one of the most historically relevant NFTs ever. And it was a headline-grabbing opportunity forĬryptoKitties, the world’s first blockchain gaming hit. It was by far the highest transaction yet for a nonfungible token (NFT), the then-new concept of a unique digital asset. On 4 September 2018, someone known only as Rabono bought an angry cartoon cat named Dragon for 600 ether-an amount of Ethereum cryptocurrency worth about US $170,000 at the time, or $745,000 at the cryptocurrency’s value in July 2022.
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