MEXCTron’s Justin Sun Wins Andy Warhol’s “Three Self-Portraits” NFT for $2.8 Million At Binance NFT Auction
The much-awaited Binance NFT marketplace went live last week on Thursday, June 24. The “Genesis” auction that kickstarted on the same day featuring popular artworks like Andy Warhol’s “Three Self Portraits” and a digitized NFT of Dali’s “Divine Comedy: rebeget”.
Tron’s Justin Sun won the bid Warhol’s “Three Self-Portraits” NFT for a staggering $2.8 million at the Binance NFT auction. This is a great start to Binance’s NFT marketplace as the auction happens at a time when the NFT industry is facing a severe slowdown.
Tron founder Justin Sun has been one of the active participants in the NFT market and has been keen on acquiring digital collectibles over the last few months. Sun has won several auctions in the past with some popular ones like Beeple’s “Ocean Front” for a massive $6 million.
Besides, Sun was also aggressively bidding for Beeple’s “Everydays – The First 5000 Days” NFT that sold for a staggering $69 million. However, Sun was unfortunate to lose the bid at the last moment.
Citing future potential in the NFT market, Justin sun has launched his own JUST NFT fund. This fund is basically an NFT platform that would mint some of the world’s top artists and their digital artworks on the blockchain.
Binance’s Mystery Box and Creators Program
Along with launching the NFT marketplace last Thursday, Binance’s NFT platform also unveiled its new Mystery Box. This provides a new way for traders to access special NFTs wherein each mystery box will contain a set of different NFTs. The first Mystery Box 16 “tokidoki” characters, toys from the Japanese lifestyle brand by Italian artist Simone Legno.
On the other hand, to push forward the development and growth of its NFT marketplace, Binance also announced its 100 creators program. this program aims to feature 100 artists on the Binance NFT marketplace and sell their work in form of digital collectibles.
- Trump Insider Whale Reloads $430M Long on BTC, ETH Ahead of Tomorrow’s Fed Rate Cut Decision
- Breaking: $2.6B Western Union Announces Plans for Solana-Powered Stablecoin by 2026
- Trump Media Launches Polymarket Rival, Eyes $9B Prediction Market with Crypto.com
- Bitget Lists Common Token, Launchpool Offers 36M COMMON in Rewards
- Coinbase Prime Taps Figment to Boost Institutional Staking on Solana, Cardano, and Sui
- Pi Network Patterns Point to More Gains Despite Manipulation Claims
- HBAR Price Poised to Hit $0.30 as Canary Capital ETF Starts Trading.
- Will Solana Price Rally to $300 as Bitwise Launches $BSOL ETF?
- XRP Price Chart Patterns Hint at 2017-Style Breakout as Evernorth Acquires $1B XRP Ahead of Nasdaq Debut
- Cardano Price Eyes 80% Rally as x402 Upgrade Sparks Hope for AI Payment Expansion
- Polymarket Traders Bet Ethereum Price to Hit $5,000 as Bullish Pattern Forms
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
