According to reports, the price jumped from the $20 million range to over $50 million in the last minutes of the auction.
It's by far the largest known sale of an NFT, a special type of token that lives on the Ethereum blockchain and proves digital ownership of its associated media.
According to the New York Times, the most expensive painting ever sold was a Leonardo da Vinci that went for $450.3 million in 2017.
The Art Newspaper reported that Twobadour, the steward of Metapurse whose real identity is also unknown, said he understands that valuation might sound like a "fantastical number, but we do believe that down the line this has the potential to become the most valuable piece of art ever".
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