I just looked and all of the "ending soon" auctions have prices of $150 and up. With several of them at $4,000 and more. I know nothing about Fragment but I can only assume there's some kind of money laundering or other illegal activity involved to justify those prices.
> With several of them at $4,000 and more ... to justify those prices.
Those are nice looking ones. Some people spent great amounts of money to buy a nice phone number or a car plate (at least in Russia or Armenia for example).
A car plate\registration number like M888MM 777 will cost you 10M rubles ~122k USD.
It's just a crypto token exchange. Moreover, phone numbers it sells aren't "real", these are NFTs of phone numbers, nothing more. You can't use them for calls or anything else, there's no network service, the only purpose is Telegram authentication with an associated token.
I just looked and all of the "ending soon" auctions have prices of $150 and up. With several of them at $4,000 and more. I know nothing about Fragment but I can only assume there's some kind of money laundering or other illegal activity involved to justify those prices.