Trader’s acquisition of $1.5M CryptoPunk for $23K raises eyebrows
A trader acquires a rare Ape-themed CryptoPunk valued at $1.5M for just 10 ETH using a smart contract mechanism that allows a shotgun buyout. Go to Source
fractional NFTs
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Fractional Investing Company Public Acquires NFT Startup Otis
The fractional investing company Public announced the acquisition of the digital collectibles and non-fungible token (NFT) technology startup Otis. Public’s co-CEO believes the acquisition will give Public the ability to provide people with the only place in the world “where people can invest in — and build a modern portfolio with — any fractional asset.” … Read more
Otis Launches NFT Auction Platform That Transforms Real-World Items Into Digital Collectibles
As both fractional and traditional non-fungible tokens (NFTs) have seen exponential growth this year, the firm Otis has announced the launch of a marketplace called Otis House. The platform is a new NFT project that turns physical items into NFTs, and the tokens can be traded at any time for the physical items stored in … Read more
