Phemex Has Created a Sistine Chapel-Inspired NFT
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Phemex Has Created a Sistine Chapel-Inspired NFT

THELOGICALINDIAN - The barter has advised an NFT based on Michelangelos iconic adorn in the Sistine Chapel

Phemex has created a non-fungible badge (NFT) that contains a circuitous fabricated up of QR codes from accommodating users.

Phemex’s NFT of User QR Codes

Singapore-based trading belvedere Phemex afresh conducted a advance in which Phemex users were asked to allotment their ETH abode as a QR code. The barter called 1000 wallets out of 43,662 entries for admittance in a allotment of NFT art.

Those 1000 users will allotment assets from the final acceptable bid back the bargain ends in twelve days. So far, Phemex CEO Jack Tao has bid 44 WETH ($108,000) on the NFT. That agency that participants will accept at atomic $100 in cryptocurrency each, unless added abeyant buyers abode a college bid in the meantime.

Digital artists created a circuitous from the QR codes, styled after Michelangelo’s “The Creation of Adam” adorn that is allotment of the Sistine Chapel. Phemex’s logo is placed at the centermost of the image. 

Other NFT Activity

Several added companies and individuals accept accepted NFTs and awash millions of dollars account of agenda collectibles online. Christiano RonaldoMike Winkelmann (“Beeple”), Playboy, Pussy Riot, TIME Magazine, and Kings of Leon accept all awash NFTs in contempo months.

The NFT bazaar witnessed amazing volumes in Q1 of 2021, according to a contempo report from CoinGecko. The account NFT trading aggregate in March 2021 was about 187 times greater than it was aftermost year, back volumes were beneath than $1 million.

Disclaimer: At the time of autograph this columnist captivated Bitcoin and beneath than $15 of altcoins.

Corrections: The name of Phemex’s CEO is Jack Tao; the NFT bargain ends in twelve days, not ten.