9GAG CEO Chan’s Nobody NFT, bought for $47,000, worth $1,450 24 hours later

  • Ray Chan, the co-founder and CEO of the entertainment platform 9GAG, purchased the Nobody #889 non-fungible token (NFT) created by Stephen Chow for $47,300 in Ether (ETH).
  • The acquisition of the Stephen Chow “Nobody” NFT by Ray Chan, CEO of 9GAG, marked a significant increase of 3,155% from the collection’s current floor price.

Ray Chan, the co-founder and CEO of entertainment platform 9GAG, paid $47,300 in Ether (ETH) for Nobody #889 non-fungible token (NFT) created by Stephen Chow.

Record-breaking purchase of Nobody NFT

The CEO and co-founder of the entrainment platform 9GAG, Ray Chan acquired a Stephen Chow “Nobody” non-fungible token (NFT) for 19.527 Ether, worth $47,300, which is 3,155% more than the collection’s current floor price of 0.6 Ether, $1,450.

Nobody #889, renowned for its “Monkey King” theme, a role portrayed by Stephen Chow, boasts a unique Sun feature, found in just a fraction, less than 0.01%, of the entire collector series.

Also read: Stephen Chow’s Nobody NFTs sweep the OpenSea marketplace

NFT’s launch

On February 7, Hong Kong filmmaker Stephen Chow – best known for the classic movie Kung Fu Hustle- launched the Nobody NFT collections. Since then, the total trading volume of the collections has topped 10,516 Ether.

In an event that drew over 12,500 participants, Chow and cryptocurrency exchange OKX collaborated to give away 2,500 of the 10,000 Nobody NFTs available.

Also read: Luxury brands and NFTs: Who is doing what?

9GAG has led the charge in adopting emerging Web3 technologies. CEO Ray Chan presently leads as the CEO of Memeland, a Web3 venture studio established by 9GAG, and he enthusiastically engages in collecting NFTs. 9GAG is developing “resilient, gas-efficient, and secure Smart Contracts on Ethereum” right now.

Sylvia-Shen

Sylvia Shen

Sylvia Shen, a news reporter at BTW media dedicated in Fintech and Blockchain. She graduated from University of California, Davis. Send tips to s.shen@btw.media.

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