The NFT features a gold trophy decorated with “diamond hands,” a group of Shiba Inu dogs, a moon and the crypto term “HODL.”
Tesla’s Elon Musk is auctioning off a non-fungible token (NFT)-based “artwork,” with bids now over the million-dollar mark.
Tweeted late on Monday, the NFT features a gold trophy decorated with “diamond hands,” Shiba Inu dogs (presumably referencing dogecoin), a moon and the crypto term “HODL,” all tastefully spinning and gleaming to some house music.
In typical joking style, Musk – who officially became “Technoking of Tesla” on Monday – announced the news, saying, “I’m selling this song about NFTs as an NFT.”
NFTs are the latest white-hot sector in the digital-asset space, with celebrities lining up to launch art or music cryptographically linked to the digital tokens. On Thursday, an NFT artwork by crypto artist Beeple was sold for a record $69.3 million by major auction house Christie’s.