Hermès NFT bag with the image of a fetus sells for 23,500 USD

The Hermès handbag in NFT form was sold for $23,500. NFT (Non-fungible token) is a type of digital asset using blockchain technology similar to Bitcoin.
Created by designers Mason Rothschild and Eric Ramirez, the handbag inspired by the Hermès Birkin line of bags, titled Baby Birkin, is available only as an NFT (non-fungible token). On May 20, the bag was auctioned on the floor Basic.Space for $23,500.

Hermès Birkin handbags range from $8,500 to $2 million. Unlike traditional bags, the Baby Birkin does not exist in real life and is not manufactured by Hermès. Inside the bag contains a 40-week-old fetus, which is clearly seen from the outside due to the transparent bag. The Hermès bag is sold on the NFT for $23,500. Photo: InputMag. Buyers of Baby Birkin will immediately receive a 3D video of the bag with a resolution of 2,000 x 2,000 pixels, with a proof of ownership token. When admiring the bag, the fetus inside will move and “grow” up to 40 weeks old, to music inspired by space. According to the InputMag , which is also the next difference of Baby Birkin compared to the usual Hermès Birkin bags. Instead of having to go to the store to order and wait for months or years to receive, Baby Birkin buyers will own the product as soon as the auction ends. According to the Basic.Space , the owner of an NFT handbag with the account name Aki Hayashi. There were a total of 32 bids, of which Hayashi made 4 bids and won with the final figure of $23,500. The designers claim this bag is valuable because it is rarer than any other handbag on the market. NFT is a concept that has been in the spotlight recently, when virtual items are traded at sky-high prices. One of them includes painting Everydays: The First 5,000 Days priced at $69.3 million, or Jack Dorsey’s first tweet is owned by a businessman for $2.9 million. Many fashion products such as watches and clothes have been “digitized” and sold on NFT floors, meeting the needs of users to own unique but bogus items. According to the NonFungible , NFT transaction value tripled in 2020, reaching $250 million. In 2021, the NFT fever still shows no signs of cooling down. Like new trends on the Internet, NFT creates mixed opinions about the real value, besides the possibility of just a speculative bubble. Things to know about NFT – the new fever of the world NFT stands for Non-Fungible Token. This is a cryptographic token on the blockchain that represents a single asset class.