Huge NFT Sales at Christie’s Showcased Nine Rare CryptoPunks, Sold for $17M

A glorious moment for NFT art sales as Christie’s auctions the nine rare CryptoPunks that got sold for almost $17M on Tuesday evening. The NFT collection includes a lot of 24×24, 8-bit-style pixelated portraits of eccentrics and misfits.

CryptoPunks was an unusual art project created by two software developers at Larva Labs who got inspired by the London Punk Scene. They created a software program that will make thousands of different bizarre-looking portraits. Three years down the line, this art project set the stage for today’s CryptoArt society.

The project yielded 10,000 small pixel-art images but the company only saved 1,000 of them. The rest were then given away to the community. The lot of nine includes the best of the best and two have the rarest traits amongst the collection.

The final bid was for $14.5 million, $16,962,500 million after fees, making this the second huge NFT sales at Christie’s Auction House.

For fans of collectibles, NFT is an interesting way of owning rare art finds. The continued demand for digital arts established on ETH blockchain technology shows NFT’s value will immensely grow in the CryptoArt society.

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Sophia Cruz
Financial Writer - Asian & European Desks
Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.
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