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21 June 2021

Rare CryptoPunks NFT Fetches $11.75M at Sotheby’s | Crypto Briefing

Rare CryptoPunks NFT Fetches $11.75M at Sotheby’s | Crypto Briefing


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The NFT was sold as part of Sotheby’s Natively Digital collection, which also featured works by cult crypto artists Pak, XCOPY, and FVCKRENDER (the collection also featured an Autoglyph, another sought-after LarvaLabs creation).

NFTs are non-fungible tokens, a type of asset that allows creators to tokenize digital art, music, or any other type of asset on the Internet.

The collection dropped amid a market-wide slump that also affected the NFT space.

Following the sale, Sotheby’s announced that five additional CryptoPunks would go on sale later this month

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