Christie’s has sold the CryptoPunks NFTs collection for millions – fr

Christie’s has sold the CryptoPunks NFTs collection for millions – fr

At a landmark NFT auction, a collection of CryptoPunks sold for nearly $ 17 million on Tuesday at Christie’s.
Not a bad selling price for NFTs that were originally giveaways.

CryptoPunks are an assortment of 24 × 24 pixelated avatars, each unique with unique features and accessories. They started as one of the first NFT projects in 2017.

In fact, the creators of CryptoPunks, the founders of Larva Lab, Matt Hall and John Watkinson, initially offered the 10,000 CryptoPunks for free, and they were quickly claimed.

Hall and Watkinson ended up with 1,000 CryptoPunks themselves – nine of which Christie’s up for auction.

Of the nine, there were five “female punks,” three “male punks” and one “alien punk,” according to Christie’s website. Each is considered a rare collector’s item – for example, the “alien punk,” with a blue face in sunglasses, is one of nine aliens in the entire series.

When people started selling their CryptoPunks in 2017, they were making between $ 1 and around $ 30. Now, amid the recent tsunami of interest in NFTs, CryptoPunks are selling for millions of dollars on other platforms as well.

In the past few months, two “alien punks” have sold for over $ 7.5 million each, according to CryptoSlam, and seven others have sold for over $ 1 million. In the past 30 days alone, there have been over $ 102 million in CryptoPunks sales, CryptoSlam has found.

Ahead of the CryptoPunks auction, Christie’s sold Beeple’s “Everydays: The First 5000 Days” NFT for more than $ 69 million in March.

Register now: Improve your money and your career with our weekly newsletter

Don’t miss: Mark Cuban is bullish on NFTs, and now they’re common after $ 69 million auction at Christie’s


Please enter your comment!
Please enter your name here