NFTs

Waves sells Duck NFT “Perfection” for $1,000,000

Russia-based blockchain ecosystem Waves has concluded the sale of an NFT outside of Ethereum with its first Waves Duck called “Perfection”.

The NFT sold for $1 million on SGN Art, a web gallery for blockchain-certified art and non-fungible tokens (NFTs).

Perfection, which received more than 40 bids, is the first NFT to be created by Sasha Ivanov, founder of Waves.

To date, the Waves Duck sale is the highest NFT sale outside of Ethereum, beating the “2019-20 LeBron James dunk,” which sold for $208,000 on NBA Topshot, and Bitcoin Origin’s “4MB Block (M2),” which sold for $345,300 on Atomic Hub.

The founder of Waves, Sasha Ivanov, is announcing today that all profits from the NFT sale, will be used towards buybacks of NFT duck packs that will be built by Hunters through the Duck Hunters games.

“This week we celebrated Waves 5th anniversary and we took this opportunity to give back to our community for their continuous support and enthusiasm towards Waves tech,” said Sasha Ivanov.

NFTs originated on the Ethereum blockchain, but amidst growth in popularity for the coveted digital assets and increasing costs on Ethereum, many pioneering blockchain protocols have launched their own NFTs and marketplaces including Flow, EOS, Waves, Tron and more.

“On Waves, all transactions are instant and we have low-fixed transaction fees, which makes it a perfect playground for NFTs innovations,” said Sasha Ivanov, founder of Waves. ”The NFT games set new opportunities to participate in the Waves ecosystem in a fun and exciting way while also getting rewarded.”

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Oliver Knight

Londoner ‘Ollie’ graduated from Birmingham City University with a journalism degree in 2016. He combines his writing with his love of crypto and blockchain here at Coin Rivet, saying “It disrupts well-established institutions (banks) while giving an avenue to the less fortunate to achieve financial freedom.” Like all true Londoners, his pet hate is… “People standing on the left-hand side of the escalators on the Tube!”.

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