99-year-old Hungarian artist’s computer-generated NFTs sold for $1.2M

Computer-generated nonfungible tokens (NFTs) produced by Hungarian artist Vera Molnár in cooperation with Martin Grasser offered out in less than one hour throughout Sothebys Dutch auction for a total of 631 Ether (ETH), or around $1.2 million.Molnárs Variations and themes # 1 sold for 19.84 ETH. The auctioneer wrote:” Variations and styles is an expansion of Molnárs 2% dordre generative protocol that checks out the power of the grid and randomness of color. Molnár further established the system by including the look of letters (N, F, T), playfully chosen for this series as a referral to the technological lorry of NFTs.