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3F Music Buys NFT Meme for 200 ETH Worth $411,000

Overly-Attached-Girlfriend-NFT-Sells-For-$411,000
  • 3F Music has added the Overly Attached Girlfriend meme to its collection.
  • Meme creator Laina Morris sold the NFT for 200 ETH worth about $411,000.
  • Several creators are turning their memes into NFT collectibles.

Laina Morris just sold her Overly Attached Girlfriend (OAG) meme to 3F Music for a staggering $411,000. 3F Music, a Dubai-based music studio bought the meme in an auction yesterday.

Notably, Laina Morris accidentally became a meme in 2012 after she created a video parody of Justin Bieber’s song, Boyfriend. The parody went viral quickly gaining over 20 million views. Based on the video fans created the meme which became even more popular.

In fact, Morris made the video to take part in a content Justin Bieber was holding as part of his ‘Girlfriend perfume’ launch. However, she became an overnight internet star. Morris admits that being internet famous was a bit awkward mainly not having any control over how her face was being used.

However, the rise of non-fungible tokens (NFTs) has turned the tide for people like Morris. Although she chose to upload the video of herself that ended up a meme, others were not so lucky.

NFTs enable creators to turn digital content into cryptographically secured collectibles that can be sold. Nevertheless, the NFT memes are more like a certificate of authenticity that confers intellectual ownership (IP). However, IP rights of the meme are mostly useful in financial terms rather than a legal one.

As a result, most creators prefer to sell the ownership rights as a collectible to derive some benefit for themselves. In fact, several viral memes have already been sold as NFT collectible. NFT memes like Nyan cat and Bad Luck Brian sold for $550,000 and $36,000 respectively. In addition, Morris thanked the meme creators for helping her sell her own NFT meme.

Finally, the OAG NFT joined several other famous NFTs in 3F Music’s collection. The studio currently owns the NYT meta NFT and Bad Luck Brian meme NFT.

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