LONDON: A non-fungible token (NFT) of a digital artwork called a CryptoPunk sold for $11.8 million on Thursday, auction house Sotheby s said. CryptoPunks are a set of 10,000 pixel-art characters made by Larva Labs in 2017. The one sold by Sotheby s - CryptoPunk #7523 - is of the sought-after Alien variety with blue-green skin, and wearing a medical mask. The work is in the form of an NFT - meaning it is authenticated by blockchain, which certifies its originality and ownership. The NFT is sent to the buyer s cryptocurrency wallet; no physical artwork changes hands. CryptoPunk #7523 was sold for $11,754,000 as part of the Sotheby s online auction Natively Digital: A Curated NFT Sale , which fetched a total of $17.1 million across works by 27 digital artists.
The NFT of a "CryptoPunk" character fetched $11.8 million, setting a new world auction record for a single CryptoPunk.The token, dubbed "Covid Alien," was
The statement yellow diamond is mounted on a ring with pavé diamonds and a flexible shank by the London-based contemporary high jewelry house, G by Glenn Spiro.
Designed by noted architect Richard Morris Hunt, the property sold for $3,075,000. The sale of this property is one of ten above $3 million in Newport in the past six months.