YouTuber Logan Paul sold one of the non-fungible tokens (NFTs) from his collection called "World of Women" for a whopping 200 ETH. At current prices, the sale is valued at $649 000.
The purchaser was revealed to be The Sandbox, a virtual gaming world where players can build, own, and monetize their gaming experiences.
The deal affected the whole NFT collection pretty fast as the floor price for a token surged up to 2.94 ETH from 1.77 ETH last December. It remains unclear how The Sandbox plans to capitalize on the purchase.
The move comes shortly after The Sandbox announced plans to create the so-called "Mega City" in a partnership with a group of Hong Kong artists and entrepreneurs.