Summary
- OpenSea said it is moving to stockpile NFTs and is creating a $1 million fund.
- It said it selected CryptoPunk as the first purchase and bought #5273 for 65 ETH.
- OpenSea said it plans to continue to expand its NFT collection.
As virtual asset (cryptocurrency) stockpiling has recently spread like a trend, the global non-fungible token (NFT) marketplace OpenSea is moving to stockpile NFTs.
On the 9th (KST), according to crypto news outlet Cointelegraph, OpenSea has set up a $1 million fund to purchase 'culturally significant' NFTs and plans to use it to stockpile NFTs.
The first purchase target is CryptoPunk, the most famous Ethereum (ETH)-based NFT.
On the 25th, OpenSea purchased CryptoPunk#5273 for 65 ETH. The NFT was recently moved to a separate wallet.
Going forward, OpenSea plans to continuously purchase NFTs to expand its collection. An advisory panel composed of OpenSea staff and experts will decide how the fund is managed.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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