MoonPay, a fintech business, just purchased NFT World Of Women (WoW) at Christie’s auction on Tuesday. The mystery bidder for the digital art work was discovered to be MoonPay.

The virtual Non-Fungible Token (NFT) artwork was sold for £567,000 ($754,340) at the London Evening Sale. From the World of Women (WoW) collection, this is a rare artwork.

The winning offer of $754,340 ranks the NFT among the most costly WoW goods ever auctioned, according to sources.

One of the reasons the #5672 is so pricey is that it includes distinct features like night goddess skin tone and tuxedo attire.

Aside from the sculpture, the sale included works by Keith Haring, Pablo Picasso, and David Hockney, among others.

MoonPay did not acquire WoW’s NFT since it was the most costly NFT.

The Token of the World of Women Gains Notoriety

In January 2022, Moonpay paid $3 million for NFT CryptoPunk #2681.

The $3.4 billion cryptocurrency payment service provider purchased a piece from the NFT CryptoPunks collection for 900 ETH (almost $3 million at the time of sale). CryptoPunk #2681 is a zombie punk wearing a purple hat and having odd blue eyes.

In a manner that no other NFT has done before, the NFT expresses human attributes in a unique way.

MoonPay is a fintech company that develops payment infrastructure for cryptocurrencies. Moonpay accepts a variety of payment options, including debit cards, credit cards, and local bank transfers, to make exchanging fiat and crypto currencies as simple as possible.

Moonbay has more than $2 billion in transaction value, 250 partners in 160 countries, and 7 million clients. MoonPay intends to extend its services to the smart and possible payment businesses of the bitcoin industry in the future.

There are a Plethora of ways to enter the Market.

The crypto payment service provider is concentrating on the NFT industry, specifically NFT Games, in addition to cryptocurrency. The Bored Ape Yacht Club (BAYC) collection is the most popular among MoonPay’s exchanges.

To help with high-value NFT purchases, MoonPay has created the MoonPay Concierge service.

According to the company’s website, MoonPay Concierge is a “white glove service for high net worth people who wish to acquire NFTs in the easiest manner possible without all the trouble of setting up a wallet, purchasing crypto, using that coin to purchase an NFT, and then taking ownership of it.”

MoonPay works with BAYC collectors to buy NFTs, transport them to celebrity customers’ addresses, and give them bills. Celebrities such as Post Malone have used the concierge service to invest in cryptocurrency. MoonPay’s client for WoW’s NFT is still a mystery.

The Art World’s Highest Levels

Christie’s Auction House is the world’s most prestigious auction house, known for selling some of the world’s most valuable fine art.

Christie’s was established in 1766 and now has 85 offices in 43 countries, as well as showrooms in major cities such as London, New York City, Los Angeles, Paris, Milan, and Hong Kong.

Christie’s is active in a range of businesses, including real estate, financial investing, education, and the jewelry trade, in addition to selling artworks and conducting auctions.

NFT has a wide variety of applications, from the music business to art and cinema.

The NFT’s exclusivity distinguishes it from the original object, which is owned alone by the purchaser of the NFT. Furthermore, the NFT has a long-term worth. NFT is indestructible and verifiable since it is built on the blockchain.

For auction houses that have been in business for hundreds of years, the NFT wave has ushered in a new age. They started utilizing social media to woo a group of prospective customers.

NFT revenue accounts for around 5.5 percent of contemporary art sales at auction houses, according to Art Market Research, which is a decent percentage considering that the NFT trend has been in full bloom since mid-2021.