Justin Sun Unveils Fund for 'Top-Notch' NFT Art Worth at Least $1M

The fund will only accept NFT art pieces with a price tag of at least $1 million.

Mar 29, 2021 at 10:15 a.m. UTC
Updated Sep 14, 2021 at 12:33 p.m. UTC

Justin Sun, founder of Tron, has showed his continued interest in non-fungible tokens with the announcement of a JUST NFT Fund for artwork priced at least $1 million.

  • The fund will only accept non-fungible token art pieces with a price tag of at least $1 million and will seek to have works with a median value of $10 million.
  • JUST NFT’s first work will be the Ocean Front NFT artwork by Beeple, which Sun bought for $6 million on March 23.
  • The cryptocurrency entrepreneur tweeted Monday that the JUST NFT Fund “aims to be the ARK Funds in the NFT space to register world-class artworks on the blockchain.”
  • Sun has been particularly active in the NFT artwork space of late, beaten by MetaKovan to the purchase of the Beeple NFT listed by Christie’s earlier this month.
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