This CryptoPunks NFT was sold for 8,000 ETH ($23 million)

A CryptoPunks NFT has been sold astatine a satellite grounds worth that supersedes the ETH oregon USD figures splashed connected immoderate different CryptoPunks earlier — $24 cardinal successful Ethereum.

CryptoPunk #5822 sold for 8000ETH

CryptoPunks is 1 of the oldest NFT collections successful the space. The postulation was developed successful 2017 erstwhile determination was small to nary involvement successful the space, but today, they are considered to beryllium 1 of the astir costly works successful the non-fungible token area.

They are a postulation of 10,000 algorithmically generated tokenized and pixelated creation images of humans, aliens, apes, zombies, etc.

This latest CryptoPunks was purchased by the Chief Executive Officer of Chain, Deepak Thapliyal. The CEO announced the acquisition of the NFT connected Twitter. Available accusation shows that helium paid 8,000 ETH for the CryptoPunks.

👽 pic.twitter.com/lQg6DzSttr

— Deepak.eth ⛓ (@dt_chain) February 12, 2022

Providing further details regarding the transaction, the CEO revealed that helium leveraged his Compound Finance relationship to acquisition the integer art.

It should beryllium added that Thapliyal’s CryptoPunk #5822 is regarded arsenic an “alien,” and determination are lone 9 of specified NFTs retired of the 10,000 NFT pieces successful the collection.

Interestingly, this is not the archetypal clip that a CryptoPunks NFT volition beryllium attracting apical dollar. Last year, DraftKing’s Shalom Meckenzie paid $11.8 cardinal astatine a Sotheby auction to get 1 NFT from the collection. In December, pseudonymous 4156 made the airwaves erstwhile helium sold his NFT for implicit $10 cardinal worthy of NFT.

Some of the astir costly NFTs truthful far

It is important to enactment that the maturation of the NFT manufacture past twelvemonth resulted successful galore NFT transactions worthy millions of dollars.

Beeple’s Everydays NFT remains the astir costly successful the space. The NFT was sold for a grounds $69 million, making him 1 of the astir costly creation creators alive. Since then, the integer creator has besides recorded different income that person attracted immense fees.

In the conscionable concluded week, AssangeDAO besides made a grounds arsenic it successfully purchased Pak “Clock” NFT for astir $54 million. This places the NFT arsenic 1 of the astir costly successful the industry.

Aside from the above, NFT collections of CryptoPunk, Bored Ape Yacht Club, Azuki, and respective different collections person besides attracted major investments from some organization and retail investors.