The highest-selling item on the CryptoKitties marketplace is a champagne bottle and its accompanying bored ape NFT. With this sale, the highest price paid for an individual asset in Ether has been set at $2.5 million. It’s one of many interesting projects to come out of the world of blockchain games, which are quickly becoming saturated with more and more creativity as developers try new ways to have their work stand out from the pack without having it be too distracting or expensive
A 2017 champagne bottle that included a prestigious Bored Ape NFT sold for $2.5 million. The Magnum 2.5 bottle, created by Mig, the artist behind NFT projects like Bored Ape Yacht Club and Sneaky Vampire Syndicates, has a Swarovski crystal aesthetic and is embellished with five NFTs.
The bottle was created by Shammi Shinh, an entrepreneur who initially unveiled it during the second edition of NYC.NFT in June, and is a creation of Champagne Avenue Foch. Giovanni and Piero Buono, two Italian brothers, bought it at a private auction; although being posted on OpenSea for 2,500 ETH, the deal was really settled in cash.
The two brothers not only got a real bottle of fine champagne in exchange for their purchase, but they also became the proprietors of the five NFTs shown on its surface. A Sneaky Vampire Syndicate and a Bored Ape Yacht Club NFT are included in the digital asset collection with corresponding floor values of 0.22 ETH and 95 ETH (a mere dent in the price of the bottle as a whole).
Even while we already know that the asset’s main attraction isn’t its contents, Giovanni’s statements after the acquisition have subsequently confirmed this notion, as he stated: “I don’t intend to drink it, I believe it will be an excellent investment. The investing world is in a lot of turbulence, and geopolitical conditions are rapidly shifting. Wealthy individuals will search for locations to temporarily keep their money, and one such location may be a bottle of champagne with an NFT attached.