As NFT trading surges, a 'golden key' prize from Yuga Labs' limited-time game sold for $1.6 million (via CNBCMakeIt)
A non-fungible token collector just dropped more than $1 million on a virtual "golden key."Golden Key Sewer PassWeitsman bought the pricey NFT from Twitch streamer Kyle Jackson, who goes by the pseudonym "Mongraal.
, one of the largest NFT marketplaces, per Coindesk. He received other notable offers before agreeing to sell it to Weitsman. Jackson also said that royalties would be paid in full to Yuga Labs., which includes multiple Bored Ape and Mutant Ape Yacht Club NFTs.DappRadar's latest industry reportTrading volume, which is the total amount of currency exchanged between buyers and sellers in a given time period, reached $2 billion for the first time since May 2022, per the report.
"The increase in trading volume for NFTs in February highlights the growing interest in digital ownership, especially with the rise in cryptocurrency prices," the report says. "It's expected that the NFT market will continue to expand as more industries embrace the technology and more people become aware of the possibilities of owning and trading digital assets.", which distills the billionaire's No.
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