111,000 Ethereum dollars spent on virtual cars

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A mysterious seller spent $ 111,000 in Ethereum (ETH) for a car auctioned in a blockchain-based car game. That auction held in 2019 was the most expensive sale of the year and brought a reputation to the seller, who announced his identity about 1.5 years after the sale.

In May 2019, an anonymous buyer spent exactly $ 111,000 in Ethereum at the then-exchange rate for a virtual car. The car, which was offered for sale as an add-on in a blockchain-based video game, was named 1-1-1.

$ 111,000 ETH 1-1-1 coincidence

The game, called F1 Delta Time, was developed by a company called Animoca Brands. According to the company’s statement, the mysterious buyer, whose identity was first, was reached thanks to a podcast broadcast. The person who worked as the main lender in the company called Metapurse was “Metakovand”. Metapurse is known as a company that invests in virtual art, real estate and various other digital collections.

Metakovan paid a full 415.9 Wrapped Ethereum (WETH) for the car at auction in 2019, equivalent to Ethereum (ETH). The cryptocurrency spent was worth $ 111,111,000, interestingly, in that day’s exchange rate. Ibrahim El-Mouelhy, involved in the design, production and promotion of Animoca’s 1-1-1, said in a blog post that the 1-1-1 was the most expensive virtual car sold in 2019 and mentioned the possibility of price like

“On May 28, 2019, 1 Ethereum was worth $ 268.12. When I created an account with 415.9 Ethereum spent on the car, I found that $ 111,511,108 was paid for the car. In other words, 1 -1-1, it was 111 thousand dollars. “

“It would be the best or worst job of my life”

After this very interesting coincidence, El-Mouelhy stated that they very much wanted to meet the mysterious buyer who made this sale. Luckily, the Animoca team reached out to buyer Metakovan exactly 1 year and 5 months after the auction, in October 2020, via a podcast. The podcast was edited by a publisher called TokenAngels and TokenAngels was also a friend of El-Mouelhy.

Metakovan participated in another podcast called Blockchain Gaming World, organized by Jon Jordan on November 11th. The mysterious buyer talked about how he felt about the auction in the show he attended, and also highlighted his interest in his company Metapurse and immutable tokens known as non-fungible tokens (NFTs).

“NFTs are stories.” Metakovan said: “Anything that has value is tied to the story behind it.” The “value” that Metakovan mentions in his sentences was linked to the mystery that emerged after the auction attracted a lot of attention from other people.

“It will be the biggest or worst exchange of my life.” Metakovan stated his feelings during the auction as follows. “I sat down and thought I could buy a real car for the money I would pay at this auction.” Metakovan, who unknowingly earned a reputation after the auction, claimed that events like the events he experienced were actually good stories.

What are non-fungible tokens (NFTs) or immutable tokens?

Cryptocurrency or fiat currencies can be traded and traded by nature. Non-fungible tokens (NFTs) or immutable tokens are special cryptographic tokens that represent something unique. Therefore, these tokens cannot be exchanged or exchanged for another currency of the same value.

Immutable tokens, each with different values; It is used in special applications such as crypto money art, cryptocurrency collections, and cryptocurrency games. NFTs representing game assets are controlled by users rather than game developers.

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