The $11M NFT Auction and Snoop Dogg’s Evolving Collection

Why: If you’ve been on crypto Flutter recently, you’ve probably seen Cherniak’s Ringers #879 splattered on your homepage and turned into memes – sedate Beeple got in on the action. Why though? Well, the NFT has been cemented into the NFT culture as an example of the limitless creative boundaries of NFT artwork. The NFT, engendered at random using code created by Cherniak, bears an uncanny resemblance to a goose, lending to its nickname and mass charm. As collector 6529, who purchased the NFT on Thursday for $6.2 million explained: “On-chain long form generative art is an act of faith by the artist and the minter. Before the algorithm is committed to the blockchain, nobody knows what outputs it will produce … The Goose has had a historic journey so far finished with key moments in NFT history and I suspect its journey has just begun.”