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'CryptoPunk' NFT sells for $11.8 million at Sotheby's

Dow Jones2021-06-13

Sotheby's announced the work was bought by Israeli entrepreneur Shalom Meckenzie, the largest shareholder of digital sports company DraftKings.

Who says the NFT bubble has popped ?

A non-fungible token (NFT) of a digital artwork called a CryptoPunk defied expectations and just sold for $11.8 million at Sotheby's on Thursday this week.

"CryptoPunks are a set of 10,000 pixel-art characters made by Larva Labs in 2017" and the mega bucks one that sold-- CryptoPunk #7523 -- is "of the sought-after Alien variety with blue-green skin, and wearing a medical mask," according to Reuters . It was bought with bitcoin and no physical artwork changes hands.

Sotheby's announced the work was bought by Israeli entrepreneur Shalom Meckenzie, the largest shareholder of digital sports company DraftKings $(DKNG)$.

"We are excited to continue to explore new and interesting ways in presenting these cutting-edge works," Michael Bouhanna, a contemporary art specialist at Sotheby's, told Reuters.

This week the famous "Doge" NFT also sold at another auction for $4 million.

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Comment202

  • michka90
    ·2021-06-14
    ?
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  • jemmie
    ·2021-06-14
    how and why?? 
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    • Ophine
      [愤怒]
      2021-06-15
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    • Ophine
      [白眼]
      2021-06-14
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  • Kuxz2021
    ·2021-06-14
    Good job punk! ??
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    • pinkishmin
      很好!!!! ??
      2021-06-14
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    • Ottaman
      ok
      2021-06-14
      Reply
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  • banchin
    ·2021-06-14
    Please give me comments and like 
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    • Ottaman
      done
      2021-06-14
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  • PooYen
    ·2021-06-14
    Please like and comment. Thanks. [Smile] [Happy] [Smile] [Happy] 
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    • WangZhai
      有钱什么都行。。。
      2021-06-14
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  • Noobtrader92
    ·2021-06-14
    Need to learn how to mint NFTs.... 
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  • KamenR
    ·2021-06-14
    This is something I truly do not understand. 
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  • Cokex3
    ·2021-06-14
     Nft so expensive
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  • Rex123
    ·2021-06-14
    Nice
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  • Eugeng
    ·2021-06-14
    Wowwwww
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  • Gab_Boey
    ·2021-06-14
    Comment please 
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  • Popcornzy
    ·2021-06-14
    Good
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  • Xiaofoo
    ·2021-06-14
    nice
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  • Jerrywong76
    ·2021-06-14
    This is just the beginning of the applicationsof nft. And especially important for those in the creative industries.
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  • inv3st
    ·2021-06-14
    Cryptopunk 2077
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  • HMH990
    ·2021-06-14
    I have some crypto 
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  • Sonofjack
    ·2021-06-14
    Good
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  • Jkjustea
    ·2021-06-14
    [Miser] 
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  • RonaldSTH
    ·2021-06-13
    Wow...
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    • Edmunnnn
      Ok
      2021-06-13
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  • YakultBee
    ·2021-06-13
    All huat ah!
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    • Eileenz88
      ?
      2021-06-14
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    • HuatBee
      yes
      2021-06-13
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