Alien CryptoPunk NFT Sees Record Price In Latest Groundbreaking Sale
CryptoPunks, a pioneering NFT art collection, announced a landmark transaction on Thursday as Crypto-Punk 635—an ultra-rare alien-themed digital artwork—was purchased for a staggering $12.38 million in Ethereum. This sale ranks as the fourth highest in the entire collection’s history and emphasizes the rare nature of the nine alien punks within the 10,000-piece CryptoPunks universe.
Previously held by Larva Labs, the parent company of CryptoPunks, and sold at Christie’s Contemporary Art Evening Sale in May 2021, this piece has once again made headlines. The transaction was facilitated by high-profile NFT broker, Fountain, marking a significant moment for both the seller and the anonymous new owner.
A Goldmine Minted On The Ethereum Blockchain
Launched in 2017 by Canadian software developers Matt Hall and John Watkinson, Crypto-Punks has not only spearheaded the NFT trend but also integrated unique and irreplaceable digital art with blockchain technology. No two punks are alike, with the majority representing humans and a rare few depicting zombies, apes, and aliens.
The high valuation of pieces like CryptoPunk 635—comparable to another alien punk selling last month for $16.03 million—reaffirms the elite status of these digital assets in the NFT marketplace.
Good News For The NFT Art World’s Staying Power?
March 2022 saw Yuga Labs, the parent company behind the Bored Ape Yacht Club, acquiring Crypto-Punks. This move was seen as a consolidation of top-tier NFT assets under a single corporate umbrella, promising a robust future for these digital artifacts.
The ongoing market presence and high-value transactions, such as the sale of CryptoPunk 635, indicate that despite fluctuating trends, the NFT art world retains substantial momentum and relevance. With CryptoPunk 5905 currently listed for $15.64 million, the fervor around these collectibles shows no signs of abating, offering hope for sustained interest and investment in NFT art.
