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The auction house has sold several virtual art works this year, which have garnered large numbers.The auction house Sotheby’s said a non-fungible digi
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' w...
On Thursday, June 10, a CryptoPunk NFT dubbed 'Covid Alien' was sold for a massive $11.8 million at auction house Sotheby's.
A non-fungible token (NFT) of a digital artwork called a "CryptoPunk" sold for $11.8 million on Thursday, auction house Sotheby's said.
This auction house has sold a number of virtual artworks this year at high prices. The auction house Sotheby’s stated that an irreplaceable token for a digital artwork called “CryptoPunk” was sold for $11.8 million on Thursday. CryptoPunks is a set of 10,000-pixel artistic characters produced by Larva Labs in 2017. “CryptoPunk #7523” auctioned by Sotheby’s is a popular alien species with blue-green skin and medical masks. The work takes the form of NFT-which means that it is authenticated through the blockchain to prove its originality and ownership. NFT is sent to the buyer’s c...