Elon Mask Withdrew His NFT From Sale After $69M Offer

Elon Musk withdrew his NFT from sale even after he got offered $69 million from it by Beeple, but he said he didn’t feel right selling it so let’s read more in today’s cryptocurrency news today.

Tesla’s CEO Elon Musk withdrew his NFT from sale as he decided that it wasn’t right selling it even after he was offered $69 million by Beeple:

 “Actually, doesn’t feel quite right selling this. Will pass.”

Unlike cryptocurrencies, NFTs are crypto tokens that are non-interchangeable which means that each and every one of them is unique and scarce. These qualities are the most highly valued by collectors as NFTs contain all kinds of data like music, artwork, videos, and more. Musk decided to join the NFT ranks after he announced that he will be selling a song about NFT as an NFT but the auction for the tweet commenced on Valuables by CENT which is the same marketplace where Dorsey auctioned off his first tweet.

I’m selling this song about NFTs as an NFT pic.twitter.com/B4EZLlesPx

— Elon Musk (@elonmusk) March 15, 2021

Shortly after, crypto artist Mike Winklemann better known as Beeple, jokingly offered Musk $69 million for his NFT while he actually got $69.3 million for his “EVERYDAY: THE FIRST 5000 DAYS” that was sold on a Christie auction. Musk, of course, made a counter-offer of 420 million DOGE which was worth $24 million at that time which is twice as less as the initial Beeple offer but it’s still a huge sum.

i'll give you $69M for it. https://t.co/DMd4EEOGCZ

— beeple (@beeple) March 15, 2021

A day later Musk decided to withdraw his proposition. This exchange could have been just two millionaires joking around but it only showed how crazy the NFT space is today. Metakovan on the other hand did pay up to $69 million for the Beeple artwork.

Speaking of Elon Musk, A new fake Elon Musk crypto giveaway scam has just cost a German man $550,000 as he said to BBC that he sent 10 BTC to a scammer believing that he will double his money.  The new fake Elon Musk crypto giveaway scam popped up on Twitter and claimed a massive victim that got drained out of $550,000 for believing that the scammer will double the amount. While crypto scams were going around as long as crypto has, it’s not often that Twitter giveaway manages to accrue that much money.
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However, this is exactly what happened just recently when a scammer impersonated Elon Musk on Twitter and duped a man out of $550,000 worth of BTC.