Share this article
Associated Press NFT Artwork Sells for $180K in Ether
The piece depicts a visual of the electoral college map from space using election data AP published on-chain at the time.
Updated Sep 14, 2021, 12:25 p.m. Published Mar 12, 2021, 5:05 p.m.
Make us preferred on Google
The Associated Press (AP) sold its non-fungible token (NFT) artwork Thursday for a hefty sum only eight days putting it up for auction.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The artwork, titled “The Associated Press calls the 2020 Presidential Election on Blockchain – A View from Outer Space,” sold for roughly 100 ETH ($180,000), according to data from NFT marketplace OpenSea.
Marking the first time a U.S. election was called on the blockchain, AP used an Ethereum address to declare the winner via Everipedia’s OraQle software.
The piece of digital art is one of a kind, a 1/1 edition, depicting a visual of the electoral college map from space using election data AP published on-chain at the time.
Read more: Beeple NFT Sold for Record-Setting $69.3M at Christie’s Auction
CoinDesk originally reported on AP's NFT auction earlier this month when the price was sitting at around $928 in wrapped ether.
The notable rise in value is in line with the recent NFT craze currently sweeping the cryptocurrency markets, with ether being the predominant medium of exchange among NFT marketplaces.
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
HYPE token surges 24% as silver futures volume soars on Hyperliquid exchange
Silver futures on the crypto derivatives exchange are currently showing $1.25 billion in volume and $155 million in open interest.
What to know:
- HYPE, the native token of the Hyperliquid derivatives exchange, jumped 24% in 24 hours as trading in silver, gold and other commodities surged.
- Silver perpetual futures on Hyperliquid became the platform’s third most active market during Asia hours.
- Because trading fees from user-created markets are used largely to buy back HYPE on the open market, the spike in commodity activity is fueling demand for the token and signaling broader growth for Hyperliquid.
Top Stories
