Associated Press NFT Artwork Sells for $180K in Ether

The piece depicts a visual of the electoral college map from space using election data AP published on-chain at the time.

AccessTimeIconMar 12, 2021 at 5:05 p.m. UTC
Updated Sep 14, 2021 at 12:25 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

The Associated Press (AP) sold its non-fungible token (NFT) artwork Thursday for a hefty sum only eight days putting it up for auction.

The artwork, titled “The Associated Press calls the 2020 Presidential Election on Blockchain – A View from Outer Space,” sold for roughly 100 ETH ($180,000), according to data from NFT marketplace OpenSea.

Marking the first time a U.S. election was called on the blockchain, AP used an Ethereum address to declare the winner via Everipedia’s OraQle software.

The piece of digital art is one of a kind, a 1/1 edition, depicting a visual of the electoral college map from space using election data AP published on-chain at the time.

CoinDesk originally reported on AP's NFT auction earlier this month when the price was sitting at around $928 in wrapped ether.

The notable rise in value is in line with the recent NFT craze currently sweeping the cryptocurrency markets, with ether being the predominant medium of exchange among NFT marketplaces.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.