Dubai based Music company buys NFT of 'Chloe' meme

Saturday, 25 September 2021 17:09

By Surina Kelly

It’s one of the most popular internet memes and it's sold as a non-fungible token (NFT) for about $74,000, or more than AED 271,000.

The “Side Eyeing Chloe” meme was taken from the original video, posted by Chloe’s mother, Katie, on YouTube in 2013.

The joke was how two-year-old Chloe Clem gave a very unimpressed look after her mother’s surprise reveal that they were going to Disneyland.

The video has been watched more than 20 million times.

NFTs are digital tokens that demonstrate ownership of electronic art, and the Clem family auctioned their NFT for 25 Ethereum - a form of cryptocurrency.

According to reports, it was bought by 3F Music, a Dubai-based music production company.

Twitter founder Jack Dorsey sold an NFT of his first-ever tweet for more than $2.9 million.

More from Business

Etihad CEO says 'First Class' remains main focus, not 'premium economy'

Etihad Airways CEO, Antonoaldo Neves, has confirmed that "Premium Economy" is not on the cards for the national carrier, despite competition in the market, as it remains focused on delivering "First Class" experience for its passengers.
Masdar expands clean energy partnership in Azerbaijan

Abu Dhabi Future Energy Company – Masdar, has signed an agreement with Azerbaijan Green Energy Company to explore the development of new renewable energy projects in Azerbaijan.
UAE tourism ready to bounce 'back stronger', says minister

The UAE is set to boost the tourism economy with a special focus on the domestic sector over the next three months, announced Minister of Economy and Tourism, Abdulla bin Touq Al Marri, as the industry bounces back stronger.
'Factory Forward UAE' to boost industrial competitiveness

The UAE has unveiled a new initiative to help factories adopt advanced technology and become more competitive.