{"id":49285,"date":"2021-09-12T16:08:53","date_gmt":"2021-09-12T13:08:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49285"},"modified":"2025-09-02T11:55:58","modified_gmt":"2025-09-02T08:55:58","slug":"investment-firm-buys-solana-issued-nft-for-1-1-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/investment-firm-buys-solana-issued-nft-for-1-1-million\/","title":{"rendered":"Investment firm buys Solana-issued NFT for $1.1 million"},"content":{"rendered":"<p>Moonrock Capital, a blockchain-focused investment and consulting firm, has acquired an NFT issued on the Solana network from the Degenerate Ape Academy collection for 5,980 SOL ($1.1 million at the time of the deal).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Moonrock Capital just acquired the 13th rarest <a href=\"https:\/\/twitter.com\/DegenApeAcademy?ref_src=twsrc%5Etfw\">@DegenApeAcademy<\/a> NFT for 5980 <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a> ($1,109,170.40) <a href=\"https:\/\/t.co\/STkwJetRl1\">pic.twitter.com\/STkwJetRl1<\/a><\/p>\n<p>\u2014 Moonrock Capital (@MoonrockCapital) <a href=\"https:\/\/twitter.com\/MoonrockCapital\/status\/1436700043843706883?ref_src=twsrc%5Etfw\">September 11, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The firm purchased the Degen Ape #7225 token \u2014 one of the rarest NFTs in the collection, according to <a href=\"https:\/\/howrare.is\/degenapes\/7225\/\">HowRare.is<\/a>. The Solana-based non-fungible token was sold for more than a million dollars for the first time.<\/p>\n<p>In August, Ape #1674 was bought for 7,000 SOL, though at that time the cryptocurrency price was lower \u2014 the token was valued at $607,390.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Degen Ape #1674 bought for 7000 SOL ($607390, 186.0ETH) \ud83d\ude80<a href=\"https:\/\/t.co\/uCmScY7Jl2\">https:\/\/t.co\/uCmScY7Jl2<\/a> rank: 19 \u2728<a href=\"https:\/\/twitter.com\/hashtag\/DegenApeAcademy?src=hash&#038;ref_src=twsrc%5Etfw\">#DegenApeAcademy<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Solana?src=hash&#038;ref_src=twsrc%5Etfw\">#Solana<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/SolanaSummer?src=hash&#038;ref_src=twsrc%5Etfw\">#SolanaSummer<\/a> <a href=\"https:\/\/t.co\/paRwWT8Vp6\">pic.twitter.com\/paRwWT8Vp6<\/a><\/p>\n<p>\u2014 Degen Ape Bot (@DegenApeBot) <a href=\"https:\/\/twitter.com\/DegenApeBot\/status\/1431435140681584648?ref_src=twsrc%5Etfw\">August 28, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Moonrock Capital also bought a rare NFT from the SolPunk set \u2014 a Solana version of the Ethereum-based CryptoPunk collection. The company paid 1,388 SOL (~$260,000 at the time of the deal).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Moonrock Capital just acquired the 18th rarest <a href=\"https:\/\/twitter.com\/PunksOnSolana?ref_src=twsrc%5Etfw\">@PunksOnSolana<\/a> NFT for 1388 <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a> ($257,446.24) <a href=\"https:\/\/t.co\/ex0dl64gCk\">pic.twitter.com\/ex0dl64gCk<\/a><\/p>\n<p>\u2014 Moonrock Capital (@MoonrockCapital) <a href=\"https:\/\/twitter.com\/MoonrockCapital\/status\/1436741263814975489?ref_src=twsrc%5Etfw\">September 11, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Solanalysis, the aggregate market value of all Solana NFTs issued on the blockchain over the past 24 hours rose 14%, topping $610 million. Over the last seven days, users completed nearly $49 million in deals with these tokens.<\/p>\n<p>Ethereum remains the leader in the NFT space. In August, turnover of the OpenSea NFT marketplace, focused on non-fungible tokens, exceeded $3 billion. For the partial September period, the marketplace&#8217;s trading volume reached $1.23 billion \u2014 the total market figure stood at $1.26 billion, according to <a href=\"https:\/\/www.theblockcrypto.com\/data\/nft-non-fungible-tokens\/marketplaces\/nft-marketplace-monthly-volume\">The Block<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"350\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/nft-4-1024x350.png\" alt=\"Investment firm buys Solana-issued NFT for $1.1 million\" class=\"wp-image-148999\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/nft-4-1024x350.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/nft-4-300x103.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/nft-4-768x263.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/nft-4-1536x525.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/nft-4.png 1723w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: The Block.<br \/><\/figcaption><\/figure>\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/opensea-nft-marketplace-trading-volume-tops-3-billion-since-early-august\">OpenSea\u2019s activity on the NFT marketplace shows the platform exceeded $3 billion in August<\/a>. Ethereum remains the leader in the NFT space. In August, turnover of the OpenSea NFT marketplace, focused on non-fungible tokens, exceeded $3 billion. For the partial September period, the marketplace&#8217;s trading volume reached $1.23 billion \u2014 the total market figure stood at $1.26 billion, according to <a href=\"https:\/\/www.theblockcrypto.com\/data\/nft-non-fungible-tokens\/marketplaces\/nft-marketplace-monthly-volume\">The Block<\/a>.<\/p>\n<p>Earlier in September, developers integrated <a href=\"https:\/\/u1f987.com\/en\/news\/audius-streaming-platform-integrated-with-phantom-wallet-on-solana\">decentralized streaming platform Audius with the Phantom crypto wallet<\/a> on the Solana blockchain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moonrock Capital, a blockchain-focused investment and consulting firm, acquired an NFT issued on the Solana network from the Degenerate Ape Academy collection for 5,980 SOL ($1.1 million at the time of the deal).<\/p>\n","protected":false},"author":1,"featured_media":49286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1213,1159],"class_list":["post-49285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nft","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=49285"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49285\/revisions"}],"predecessor-version":[{"id":49287,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49285\/revisions\/49287"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/49286"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=49285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=49285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=49285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}