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'CryptoPunk' NFT Sells For $11.8 Million At Sotheby's

Friday June 11, 2021. 02:45 AM , from Slashdot/Apple
'CryptoPunk' NFT Sells For $11.8 Million At Sotheby's
phalse phace writes: A non-fungible token of a digital artwork called a 'CryptoPunk' was sold for $11.8 million on Thursday, according to a tweet by auction house Sotheby's. The NFT was sold as part of the Sotheby's online auction 'Natively Digital: A Curated NFT Sale,' which runs from June 3-10 and features work by 27 digital artists. CryptoPunks are a series of 10,000 unique pixel-art characters made by Larva Labs in 2017. The individual one sold by Sotheby's -- 'CryptoPunk #7523' -- is of the sought-after Alien variety with blue-green skin, and wearing a medical mask. Two other Alien CryptoPunk NFTs have sold for more than $7 million each in previous sales. According to Reuters, it was bought by Israeli entrepreneur Shalom Meckenzie, who is the largest shareholder of digital sports company DraftKings.

Read more of this story at Slashdot.

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