EtherRock NFT sells for $1.83 million days after being bought for $7000


“I had a hunch it would be something that collectors would want,” Osman said in a DM to Vice’s Motherboard.

“It’s the perfect combo of historic (one of the first [NFT] projects), scarce (only 100, some lost), a meme (literally clipart) and polarising.”

EtherRock was first launched in 2017 shortly after CryptoPunks, another project which has achieved record multi-million dollar sales this year.

The official website of the project describes the virtual rocks as serving no purpose, “beyond being able to be brought (sic) and sold, and giving you a strong sense of pride in being an owner of 1 of the only 100 rocks in the game”.

The identity of the purchaser is unknown, but according to Motherboard the same buyer paid 4200 ethereum (around NZ$19.2 million) for one of the 10,000 CryptoPunk NFTs earlier this year.

If you’re unable to afford a house in Aotearoa and think a CryptoPunk might sound like a good investment, be warned – their price continues to rise.

None of the pixelated artworks have sold for under NZ$350,000 over the last 24 hours, according to data from market OpenSea, with one fetching over NZ$7.4 million.