The creator of the seven million subscribers What’s inside YouTube channel, traded his Tesla Roadster for a single non-fungible token (NFT).
In a September 15 video on What’s inside the family channel, Markham traded a blue Tesla Roadster, which he said could be worth” a quarter of a million dollars very soon”, for an NFT of a“ positive porcupine”. The creation of the VeeFriends project, which belongs to Eli Burton, the artist behind the graphic novel The adventure of Starman.
Markham said, ” I think these cars have a lot of value for a long time and I do believe in NFTs”.
He also said:” It’s a picture for a car, clearly he’s getting the better end of the deal.”
He mentioned that in the few years ago, it might be a stupid decision, but it could also be a perfect decision.
Burton was actually planning to sell digital art for more than $100,000 before Markham’s offer. According to the graphic novelist, trading the NFT for the car was ” as simple as supply and demand” because there were 10,000 of the tokens presently at hand and each valued for a starting price of $60,000.
Markham believes that whether you have a car or collectible NFTs, it’s still collectible.
Although the two collectors traded the NFT on the blockchain, much of the trading was occurred mainly in the real world. Markham handed Burton the paper title and key to the Tesla. The porcupine is now listed on OpenSea with a high bid of 16,339 WETH, but Mark said that he decided to keep the NFT to get permission to enter an exceptional conference for VeeFriends token holders.
Some crypto users have tried linking NFTs to physical collectibles. In July, a trader started a concurrent auction for a job application from Apple co-founder Steve Jobs and an NFT of the same. The physical paper sold for 343,000, while the last offer for the NFT was 12 ETH, or about $27,460 at the time.
