Binance starts auctioning ‘Mr. CZ Punks’ NFT on August 11.
The ‘Mr.CZ Punks’ design features the face of Binance’s CEO.
The NFT sold for $9,802.43 (24.53 BNB).
Binance started auctioning off the ‘Mr. CZ Punks’ NFT with an animated face of Binance CEO Zhao Changpeng. The auction finally ended today with a surprising final bid of $24.53 BNB, which equates to $9,802.43.
Zhao Changpeng shared his thoughts on the NFT via Twitter, saying that it “wasn’t bad” after some fan-made NFT designs with his face on it.
The auction began with Anonymous_xfcr placing the first bid at 0.4 Binance coins (BNB). A few hours later, the bids rose to 23.5 BNB, which at the time of writing equates to $9,070.53. The final bidder was Anonymous_ommt with a bid of 24.53 BNB.
Currently, according to coinmarketcap, BNB coins are trading at $400.14 with a 24-hour volume of $1,708,479,962.
According to the description of the largest cryptocurrency exchange, this piece of work is made possible by a combination of artificial intelligence image capture and automated graphics rendering technology. Moreover, the entire process was executed by a computer using Mr. CZ’s images.
Moreover, in order to make it a cryptocurrency, they pixelate it using their own algorithms and save it as a graphical interchange format (GIF).