Copy link
Increase text size
Decrease text size
Link copied

Cyclub's first NFT art work sold for 100 million KRW

Tue, 09 Nov 2021, 05:08 am UTC

Cyclub announced that a NFT art work <Dream of a Camel> created by Songah Yoon was sold for 100 million KRW in the auction on November 6th at 1 pm at 'NFT BUSAN 2021' conference held in BEXCO, Busan in South Korea. This marks the highest price of auction among existing Korean celebrity artists. All contents such as photos, videos, live chatting, and recorded files can be exchanged for non-fungible tokens (NFTs) through Cyclub, and it is the first time that the highest price of NFT auctions has been achieved.

Cyclub is the first DApp of Cyworld, the mainnet of Cyworld, and is the first text and voice based Social network platform service in Korea. CyClub utilizes blockchain technology to safely store personal information and transaction details, and to create and trade NFTs of creations created by creators and general users. Users will acquire CyClub coins according to their contribution within the platform, and it is also possible to cash it out from the cryptocurrency exchange using the withdrawal function.

This work, which was exposed in SBS 'It's Okay, That's Love' in 2014, is a painting that has gained popularity and consists of two versions, day and night, and was sold for 20 million won and 100 million won, respectively. This work depicts modern people who are facing conflicts in various areas of their life in a humorous way.

Seung-ah Yoon, CEO of a blockchain investment company AssemBlock that won the highest bid for this work, said, “It is an honor to be able to win the bid for the first NFT work presented by CyClub. We hope that the NFT market will become more active as artists are also interested in NFT”.

NFT BUSAN 2021 is the South Korea's largest blockchain conference held for the first time this year, and CyClub actively participated in the corporate exhibition booth and auction at this conference.

An official from CyClub said, "We will continue to grow with CyClub's unique competitiveness in the rapidly growing NFT market. The on-offline conversion platform will be launched in the first half of 2022."

Meanwhile, CyClub plans to announce the NFT Alliance program, a game-focused partnership, at G-Star in Busan.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • WestonTony905
  • 2021.11.23 20:40:54
I have been working for a year plus to get my credit to 700plus, I felt pretty bad when I checked there wasn’t any improvement. One delighted evening after I closed from work, I sketch through the internet trying to figure out how to bring up my score, I came across lot of articles/testimonies of different kind and one caught my attention speaking and recommending a particular hacking company named TROVIAN CREDIT REPAIR. I quickly write out the details [email protected] or text; +1 (424) 307 4562 and contacted them; thereafter they replied and told me they are fully back in service. To cut the long story short they started with the repair and got my score to exactly 799 and remove all the negative items replacing them with awesome trade lines. Get in touch with them via the above contacts and get your credit perfectly fixed.
  • 0
  • ·
  • 0
  • Danhanwat
  • 2021.11.16 10:12:52
Need you’ll to know COINWALLETRECOUP DOT COM, they’re the Best Crypto Recovery firm out there. i was scammed by a forex website Tradestation to be precise to the tune 0f $153,700. was firstly informed that ill be able to withdraw 11.5% roi weekly from the second month of membership and if i invest more, the roi could be increased by 4.5%. i later invested $17,300 to make it a total of $170,000.
After the whole investment, i was only able to make a withdrawal for the first week, then after was told  to invest more to withdraw more but told them that i wasnt interested and wanted to continue with the current roi plan but was told that i wouldnt be able to withdrawal till i invest that was when i saw the red flag and told them i wasnt interested anymore but not surprised by their act i couldnt make any withdrawal again. I told a friend and he referred me to Coinwalletrecoup dot com and withing a week of our contact i was able to withdraw all my funds in addition to my roi for the whole planned duration of 9 months advance payment. I cant still believe that this happened, all thanks to Coinwalletrecoup dot com, you can get in touch with them if you need any of this services, they’re the best out there. COINWALLETRECOUP DOT COM. I'm so grateful. 
  • 0
  • ·
  • 0
More
  • Bitcoin (btc) $49,102.00 (+0.11%)
  • Ethereum (eth) $4,161.36 (+1.40%)
  • Binance Coin (bnb) $547.88 (-2.14%)
  • Tether (usdt) $1.01 (+0.78%)
  • Solana (sol) $193.08 (-1.06%)
  • Bitcoin (btc) $49,102.00 (+0.11%)
Jul 15, 2021 (Thursday)
13:30
BTC Surges by 1.16% Within 5 Mins, Marking 31,824.01 USDT
12:06
BTC Surges by 1.12% Within 5 Mins, Marking 32,104.8 USDT
10:25
BTC Drops by 1.03% Within 5 Mins, Marking 32,171.88 USDT
02:13
TriumphX Scouts 'MINAMCOMPANY' CEO Woo-Seong Lee As Creative Director
02:00
ETH Tops List Of Crypto Net Inflow With $298.96 Mln In Past 10 Hours
Jul 14, 2021 (Wednesday)
13:14
BTC Surges by 1.03% Within 5 Mins, Marking 32,738.08 USDT
09:03
BTC Surges by 1.01% Within 5 Mins, Marking 31,899 USDT
02:30
Crypto Market Sentiment On Jul 14: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $224.97 Mln In Past 10 Hours
Jul 13, 2021 (Tuesday)
02:30
Crypto Market Sentiment On Jul 13: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $178.61 Mln In Past 10 Hours
Jul 12, 2021 (Monday)
02:30
Crypto Market Sentiment On Jul 12: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Inflow With $164.82 Mln In Past 10 Hours
Jul 11, 2021 (Sunday)
21:31
BTC Surges by 1.02% Within 5 Mins, Marking 34,475.6 USDT
10:00
ETH Tops List Of Crypto Net Inflow With $122.76 Mln In Past 18 Hours
06:17
SOBA Listed On LATOKEN
02:30
Crypto Market Sentiment On Jul 11: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Outflow With $87.56 Mln In Past 10 Hours
Jul 9, 2021 (Friday)
21:40
BTC Surges by 1.08% Within 5 Mins, Marking 33,911.8 USDT
02:30
Crypto Market Sentiment On Jul 09: Market In "Extreme Fear"
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft