March 23, 2023

Ethereum Creator Vitalik Buterin’s NFT Collection Sells for Millions

The NFT craze continues to sweep the crypto world, with Ethereum creator Vitalik Buterin’s latest collection causing a stir on social media. The collection, called The Quadratic Funding Collection, celebrates Buterin’s contributions to a popular Web3 funding model and was created by Metalabel in collaboration with Web3 funding platform Gitcoin.

Although the open edition mint launched on March 1, it wasn’t until recently that the NFTs started to gain traction. As of publication, the collection has amassed some 4,692 ETH ($7.3 million) in trading volume over the past 24 hours, with the floor price rising to 0.58 ETH ($905).

Each NFT in the collection, known as a “record,” looks like an album cover and features Buterin’s apparent stamp of approval. The sudden surge in sales has led to speculation that Buterin himself may have purchased some of the NFTs, although this has not been confirmed.

The Quadratic Funding Collection is just the latest example of the growing interest in NFTs, which have become a popular way for artists and creators to monetize their work. While some critics have dismissed NFTs as a passing fad, others see them as a revolutionary new way to own and trade digital assets.

As for Buterin, he remains one of the most influential figures in the crypto world, and his endorsement of the Quadratic Funding Collection is sure to add to its appeal. Whether or not the NFT craze will continue to grow remains to be seen, but for now, it seems that Buterin’s stamp of approval is worth millions.

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