CryptoPunks NFTs sell at Christie’s for $16.9 million
Another 'sale of digital art' at Christie's took place last night on 11th May 2021, where well-known 9 Cryptopunks by Larvalabs were auctioned. As Kate Vass Galerie predicted sale went under 20mio $ , but with still very strong results! Congratulations to a talented duo of artists Matt Hall & John Watkinson!
The sale was in Fiat this time and the work has been auctioned by LarvaLabs directly. The group initially kept 1,000 of the NFTs for themselves and gave away the rest.
There are still rare 24 physical punks among certain group of collectors - 'Ultimate punks', which have both digital and physical component, do you think if the physical component had been taken place at the Christie's sale, the sale results would be higher?
More in the review by Jacob Kastrenakes at the Verge.
CryptoPunks have soared in popularity since NFTs started blowing up in February. Two alien punks sold in March for more than $7.5 million each. Another seven have sold for more than $1 million, all just in the past few months.