Daily Trade News

Lobby Lobsters NFT drop raises $4M in one hour to support DeFi



Lobby Lobsters NFT drop raises $4M in one hour to support DeFi lobbying efforts

Nonfungible tokens (NFT) depicting cartoon lobsters in suits have raised more than $4 million to support lobbying efforts supporting the decentralized finance (DeFi) sector.

On Aug. 5, NFT platform and community Universe sold out of its Lobby Lobster NFTs in less than one hour, raising roughly $4 million.