Fractional shares in a Doge meme are now collectively worth hundreds of millions of dollars.
The original image of Doge, the Shiba Inu dog turned Dogecoin mascot, was turned into an NFT (a type of token that functions like a digital deed of ownership) and sold for $4 million in June.
Earlier this week, it’s buyer, an investment collective called PleasrDAO, split up that NFT into billions of individual tokens. The idea was to allow others the opportunity to buy a slice and have part-ownership of the artwork.
