Tech

‘Masked Alien’ CryptoPunk NFT Sold for $12M

As the last link of the NFT craze, a piece called ‘Masked Alien’ was bought by a billionaire for 12 million dollars at the auction of the famous auction house Sotheby’s.

A rare CryptoPunk creation, famous auction house on Tuesday Sotheby’s Sold for $12 million. The artifact, called ‘Masked Alien’, was considered a rare NFT product. If the buyer is a dollar billionaire it happened.

very rare CryptoPunk 7532, in the whole series only 9 “alien punk” one of the studies and the only one among them wearing masks. This made it quite rare and prestigious. This allowed it to rise to a value of 12 million dollars.

The buyer is a billionaire

alien punk

According to a statement by Sotheby’s DraftKings’in Shalom Meckenzie, its largest shareholder, with a personal fortune of around $1.6 billion according to Forbes, was the one to buy this piece. This sale is also CryptoPunk It was the highest price paid for his work.

CryptoPunks is one of the early NFTs and in 2017, Larva Labs the founders Matt Hall and John Watkinson A project started by There are only 10 thousand CryptoPunk avatars in total. Each of these avatars is 24 x 24 pixels and no two are exactly alike.

In fact, the Larva Labs founders originally belonged to these avatars. NFT’leri distributed free of charge. Recently, CryptoPunk works, which were bought for free at that time, started to be sold one after another. Today, some are changing hands for millions of dollars.

CryptoPunks make millions of dollars

nft

Each of the other two Alien Punk works, according to CryptoSlam over $7.5 million changed hands at cost. Seven other works in the same series were sold for more than $1 million. In May, a collection of 9 CryptoPunk NFTs changed hands for approximately $17 million.

Source :
https://www.cnbc.com/2021/06/10/covid-alien-cryptopunk-nft-sells-for-11point7-million-in-sothebys-auction.html