The high prices paid for viral videos and meme NFTs reveal the potential for creators and artists to generate revenue streams in the digital economy.
memes have brought mainstream attention to the world of NFTs and digital art, helping to expand the market and increase its legitimacy. The high prices paid for some NFT memes have demonstrated the value of online culture and the emotional connection that people can have to internet memes. NFT memes have also created a new way for creators and artists to monetize their work, potentially leading to new opportunities and revenue streams in the digital economy.
The sale of this NFT, “Disaster Girl,” proved that even relatively obscure memes might be valuable as NFTs. Also, the sale received a lot of media attention, which raised NFTs’ profile even more.This popular Shiba Inu dog meme became an NFT sensation in 2021, with the original “Doge” meme selling for 1,696.9 ETH in June 2021.
The sale of the Stonks NFT showed that even more esoteric memes can have value as NFTs. The sale demonstrated the potential of NFTs as a fresh method for creators and artists to recoup their costs.A green anthropomorphic frog that became a symbol for the alt-right and then a meme sold as an NFT for $1 million in May 2021.
The Grumpy Cat NFT’s sale proved that memes with animal subjects might be just as lucrative as those with human subjects.A gorilla that was shot and killed in a zoo in 2016 became an internet meme and sold as an NFT for 30.3 ETH in May 2021.
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