The photographer bought NFT for $ 310 and sold it six months later for $ 1,400,000

By: Maksim Panasovskyi | 13.12.2021, 16:34
The photographer bought NFT for $ 310 and sold it six months later for $ 1,400,000

On May 1, 2021, photographer John Knough purchased a token from the Bored Ape Yacht Club collection for $ 320, and after about six months he sold it for almost $ 1,400,000.

Token # 9452 was purchased at 0.08 ETH. Yesterday, December 12, 2021, the photographer sold it on the OpenSea NFT marketplace for 347 ETH or $ 1,380,000 at the time of the transaction.

As a reminder, the Bored Ape Yacht Club collection consists of 10,000 images in the form of non-fungible tokens. The most expensive picture - # 2087. In September, NFT was sold for 769 Ethereum coins, or approximately $ 2,270,000 at the time of purchase.

Source: Opensea