NFT company raises around £227,000,000 in crypto for ‘virtual land’

NFT company raises around £227,000,000 in crypto for ‘virtual land’

Metro.co.uk - Tech·2022-05-03 11:01

The sale disrupted the entire Ethereum blockchain as a flood of users rushed to purchase the NFTs and sent transaction fees soaring (Picture: Reuters)

People have collectively paid around £227,000,000 ($285,000,000) in cryptocurrency for land that does not physically exist.

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