During the Sotheby’s auction, another NFT, “CryptoPunk,” sold for $11.8 million.
This time, the NFT fans’ trophy was the avatar known as “CryptoPunk #7523.” Larva Labs developed it, along with the other pixel pictures in this series, in 2017. But who would have guessed that people would be willing to pay over $12 million for the image of an alien character with peculiar skin color and a surgical mask on his face?
More than 27 digitized art artifacts were sold for a total of $17.1 million during the “Natively Digital: A Curated NFT Sale,” the lion’s share of which was “stolen” by CryptoPunk. According to the network’s data, this non-fungible token was purchased in 2017 for 8 ETH, a “penny” amount concerning its current worth.
Before the auction, the collector who owns “COVID Alien” stated that he purchased the avatar in an over-the-counter transaction. He tweeted with evident cynicism after the completion of the sale of the lot that “NFTs are dead,” once again explaining that the avatar was sold for 4520 ETH.
The NFT has a new owner: Israeli entrepreneur Shalom Meckenzie, who also happens to stake in the sports betting company DraftKings.
Suppose this does not imply that non-fungible tokens are still significant. In that case, it is impossible to envision how much the next art object’s sale price should be in order to persuade even the most adamant opponents of their viability.