Published 13:56 IST, August 29th 2021

YouTuber Logan Paul spends $155k on NFT Rocks; says 'it's ridiculous but digital history'

Logan Paul, the celebrity boxer has purchased NFT Rocks made of 26 pixels for a total of $155,000. Paul said he bought the rocks for "$60k and $95k.

Reported by: Aayush Anandan
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Image: AP | Image: self
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Logan Paul, a popular YouTuber and a celebrity boxer has purchased NFT Rocks me of 26 pixels for a total of $155,000. In a move seen by many as search for online fame has me people spend astonishing amounts of cryptocurrency on such NFT rocks. Logan tweeted that he was having dinner when he decided to grab se elite collectibles. 

Logan said he decided to purchase a pair of blockchain collectibles, which are blocks of 18 pixels that resemble rocks. se digital rocks that Logan bought are part of an NFT project named We Like Rocks. y claim that y launched before ir rivals ErRock back in 2017. ErRock was recently restarted and is a place for crypto spenders to invest. amount at which Logan purchased se rocks, $65,000 and $95,000, was cheaper at We Like Rocks than at ErRock. Logan paid 20 ETH and 30 ETH for digital rocks. 

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We Like Rocks are now hoping to try and replace ErRock as only market player. Logan Paul even agreed to ory and went ahe to call project "digital history." Paul said he bought rocks for "$60k and $95k. first rock NFT on Ereum @welikerocks; actually came before Er rock. I know it’s ridiculous but it’s digital history and I think y’re pretty cool " Currently, ErRoks is valued at just above $2 million.

Logan replied to a user who was supporting ErRock by saying, "This is nonsense. first smart contract was buggy, it was a kind of a beta version and that's what it says as a comment in real Errock smart contract. only and real Errock is available here: https://errock.com." Logan replied, "Regardless, re’s no debating that it came before Er Rock. Code doesn’t lie. If Da Vinci threw away his first painting because it wasn’t perfect, n somebody found it, would it still be his first painting? Would it still have value? answer is a resounding YES"

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Fluctuating prices of digital rocks

Paul and or stakeholders of We Like Rocks holders are hoping to overshow  success of ErRocks and make a compelling profit. After purchasing rocks for $65,000 and $95,000, Logan has listened same for 1500 ETH each. cumulative price would be around $5 million. Prices for digital rocks on We Like Rocks website have been chaotic over last few days. Some rocks were being sold at for as little as two hundred thousand dollars while also being valued at more than 22 million at anor instant. 

 

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13:56 IST, August 29th 2021