The ‘Doge’ meme is one of the most recognizable memes of early 2010. Even before it triggered what would be a popular cryptocurrency years later, the meme was winning hearts and smiles across the web. . An NFT (non-fungible token) of the original photo of the famous Shiba Inu named Kabosu was sold for a record price of 1,696 ETH in June, which in current prices equates to around Rs 40 crore.
Although this is a large sum of money for most people, those who want to be a part of the Dogecoin phenomenon can now own a fraction of the original Doge NFT for as little as $ 1, or around Rs 73. This is made possible by fractional art, an online platform that allows you to buy fractions of NFT, allowing you to become partial owners of “Collectible NFTs You Couldn’t Afford Otherwise”.
The Doge meme was “split up” by the PleasrDAO art collective, which currently split the NFT of the meme into 17 billion ERC-20 tokens, or in this case, something PleasrDAO calls DOG tokens.
“Speaking of numbers, there will initially be 20% of the total supply of $ DOG available in the auction. That’s $ 3,393,939,393 DOG out of the total supply of 16,969,696,969. An additional 25% of the $ DOG tokens have been allocated to community $ DOG programs and continuing development, “said Jamis Johnson, director of” Pleasing At PleasrDAO in a blog post.
“For the moment, it’s a little as if the Louvre decided to fictionalize the Mona Lisa and distribute part of it to the public. However, unlike the Louvre, collective ownership of art is really only possible using crypto art, ”adds Johnson.
How to get a fraction of the Doge NFT?
Interested users can load Ethereum (ETH) into their cryptocurrency wallets like MetaMask or Rainbow and can head to the SushiSwap app to convert their ETH to Wrapped ETH to make it compatible with Miso auction (miso.sushi.com).
Once your wallet is logged in, you can go to Marketplace> Live Sales in the left menu where you should find the $ DOG sale.
- NFT set of cartoon monkeys sells for $ 24.4 million at Sotheby’s
- Would you pay $ 475 for an NFT ticket to see Beeple’s $ 69 million NFT in person?
- Who will make the next million dollar NFT?
- Someone paid over $ 300,000 for a fake Banksy NFT – and the scammer gave it all back
- You can now buy a $ 475 NFT ticket to see Beeple’s $ 69 million NFT at an IRL party
- Samsung Adds Famous Louvre Artwork to The Frame TVs
- Red Notice’s first trailer is packed with explosions, car chases, art thefts and Ryan Reynolds jokes
- Some Samsung TVs will soon be able to display the Mona Lisa and other paintings in the Louvre
- Get 12 free audiobooks and save $ 60 with the latest promotion from Audible