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CryptoPunks NFT Portraits Sell for $16.9 Million at Christie s Auction CryptoPunks is one of the earliest NFT projects created in 2017 by Larva Labs and they have since gained a lot of traction as collector’s items. By Edited by Gadgets 360 Newsdesk | Updated: 12 May 2021 16:20 IST Photo Credit: Christie’s/ Larva Labs CryptoPunk characters sold include one with rare attributes: blue face with glasses and the only alien Highlights The CryptoPunks NFT collection sold has 9 characters It was part of 10,000 small-pixel portraits created by Larva Labs A set of nine small pixel-art portraits out of a vault of 10,000 uniquely generated characters of people, zombies, and aliens, collectively called CryptoPunks, has sold for a massive $16.9 million (roughly Rs. 124.2 crores). This is said to be the second-largest non-fungible token (NFT) purchase after digital artist Beeple sold a jpeg image for $69 million (roughly Rs ....
By Taylor Locke, CNBC • Updated on May 12, 2021 at 3:13 pm Dia Dipasupil | Getty Images Entertainment | Getty Images In a historic NFT auction, a collection of CryptoPunks sold for nearly $17 million on Tuesday at Christie s. Not a bad sale price for NFTs that were originally giveaways. Download our mobile app for iOS or Android to get alerts for local breaking news and weather. CryptoPunks are an assortment of 24x24 pixelated avatars, each one of a kind with unique features and accessories. They began as one of the first NFT projects in 2017. In fact, CryptoPunks creators, Larva Lab founders Matt Hall and John Watkinson, originally offered all 10,000 CryptoPunks for free, and they were quickly claimed. ....
By Taylor Locke, CNBC • Updated 1 hour ago Dia Dipasupil | Getty Images Entertainment | Getty Images In a historic NFT auction, a collection of CryptoPunks sold for nearly $17 million on Tuesday at Christie s. Not a bad sale price for NFTs that were originally giveaways. Download our NBC DFW mobile app for Apple or Android to get alerts for local breaking news and weather. CryptoPunks are an assortment of 24x24 pixelated avatars, each one of a kind with unique features and accessories. They began as one of the first NFT projects in 2017. In fact, CryptoPunks creators, Larva Lab founders Matt Hall and John Watkinson, originally offered all 10,000 CryptoPunks for free, and they were quickly claimed. ....
CryptoPunks NFT bundle goes for $17 million in Christie’s auction A lot of 9 CryptoPunks portraits ended up selling for just under $17 million in a Christie’s auction Tuesday evening, marking another substantial moment for NFT art sales. The lot of pixelated portraits were from the collection of the NFT platform’s co-creators Matt Hall and John Watkinson. The CryptoPunks platform is one of the first NFT projects on the Ethereum blockchain. Back in 2017, ten thousand of the procedurally generated characters were given away for free. In the years since, a vibrant NFT community has developed around the ‘Punks. In recent months, on the back of a broader NFT boom, prices exploded. ....
Nine non-fungible tokens (NFTs) of the CryptoPunk series created by crypto asset firm Larva Labs sold for $16.9 million at auction house Christie s on Tuesday. What Happened: According to a Tuesday Christie s tweet, 9 rare CryptoPunks from Larva Labs own collection makes history realizing $16,962,500. #AuctionUpdate 9 rare CryptoPunks from Larva Labs own collection makes history realizing $16,962,500 pic.twitter.com/qsPs5nqVYY CryptoPunks is a digital collectible NFT series featuring 10,000 pixel-art pieces mostly representing heads with clear counterculture traits, but also apes, zombies, and aliens. The images were generated algorithmically, with everyone having their own profile page showing their attributes and sale availability. According to the Official CryptoPunks website, the top three NFTs of the series were sold for $7.57 million, $7.58 million, and $1.54 million, respectively, while the average bid over the last year was 23.73 ETH equivalen ....