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Wednesday

23 June 2021

DraftKings Billionaire: Why I Paid $11.8 Million for a CryptoPunk NFT - Decrypt

DraftKings Billionaire: Why I Paid $11.8 Million for a CryptoPunk NFT - Decrypt


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DraftKings Billionaire: Why I Paid $11.8 Million for a CryptoPunk NFT.

Fantasy sports and betting company DraftKings’ largest shareholder Shalom Meckenzie, who is also a board member, bought a CryptoPunk NFT for $11.8 million worth of Ethereum (ETH) on Thursday in a Sotheby’s auction.

Last night’s sale surpassed the previous collection record held by the pipe-smoking alien CryptoPunk #7804, which sold for $7.5 million worth of ETH in 2018.

At the Nasdaq opening-bell ceremony on Friday, Meckenzie and DraftKings CEO Jason Robins sported t-shirts with a print of Meckenzie’s new CryptoPunk purchase.

Covid Alien is Meckenzie’s first personal NFT purchase, but DraftKings is no stranger to NFTs or CryptoPunks.

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