📰 Table Of Contents
Alien CryptoPunk NFT Breaks Records
The NFT art collection CryptoPunks has achieved another milestone with the sale of CryptoPunk 635 on the Ethereum blockchain for a staggering $12.38 million ETH. This ultra-rare entity, one of only nine alien punks, was sold as the fourth highest-value piece in the entire collection.
Background of CryptoPunks
Launched in 2017 by Canadian software developers Matt Hall and John Watkinson, CryptoPunks is a collection of approximately 10,000 uniquely generated digital depictions inspired by the cyberpunk movement. Each piece is distinct, and all can be trustlessly collected by interacting with the Ethereum blockchain.
Recent Sales and Impact
Other digital artworks similar to CryptoPunk 635 have fetched as high as $23.7 million. In a recent transaction, an anonymous buyer acquired an alien CryptoPunk for $16.03 million, marking the second-highest recorded sale in the project’s history.
Staying Power of NFT Art
Despite fluctuations in monthly sale prices of NFT art, the sale of CryptoPunk 635 and other notable pieces may indicate a lasting impact on the NFT industry within the art world. This suggests a positive outlook for the future of NFTs in art.
Future Opportunities
For those interested, CryptoPunk 5905, a similar alien punk, is currently available on the market for $15.64 million, offering a chance to own a piece of this groundbreaking collection.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
