Alex Coin 
It is estimated that the batch of iconic CryptoPunks will be auctioned between USD $20 million and USD $30 million.
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The auction house for works of art in the United Kingdom whose origins date back to 1744,Sotheby’s, will hold the sale of some 104 non-fungible tokens on February 23rd. (NFT) belonging to the collection of the iconicCryptoPunks.
Sotheby’s to Sell 104 CryptoPunks in a Single Lot
This was revealed by Sotheby’s itself in a message published through its official Sotheby’s account. Twitter, where he wrote the following:
“CryptoPunks are getting a deal from Sotheby’s. Our next sale of # SothebysMetaverse will be ‘Punk It! 104 cryptopunks in one lot. It will be a historic LIVE evening auction an auction is a public sale through a bidding process where an asset is sold to the highest bidder. to be held on February 23rd. A truly historic sale for an undeniably historic NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. project”.
CryptoPunks get the Sotheby’s treatment. Our next #SothebysMetaverse sale ‘Punk It! 104 CryptoPunks. 1 Lot.’ will be a landmark LIVE Evening Auction on February 23. A truly historic sale for an undeniably historic NFT project. pic.twitter.com/LAu6j8Atu3
— Sotheby’s (@Sothebys) February 8, 2022
As the official account an account is essentially a whose purpose is to track the financial activities of a specific asset/ indicated, the art auction house will be selling the NFT of one of the most highly valued collections today, for which it is estimated that it could receive between USD $20 million and USD $30 million based on the current value of the copies on popular platforms.
The group of 104CryptoPunks that will be sold on February 23rd were acquired during the month of August last year. Among the data of the operation, it is known that these belonged to the anonymous anonymity is when something is not known or named. collector. “0x650d”, and everything stayed under record in the Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. de Ethereum a decentralized open-source blockchain with smart contracts functionality. .
The Rise of the CryptoPunks
As such, the collection of theCryptoPunks as one of the most iconic within the ecosystem of the NFT. It was originally launched in 2017 by the team at Larva Labs and consists of a total of 10,000 copies, which consist of pixelated portraits of faces with different styles, each one being a unique copy.
In relation to the sale of theCryptoPunks by means ofSotheby’s, the company’s co-head of digital art, Michael Bouhanna, commented:
“CryptoPunks is the original PFP series that created the template for other NFT projects that followed, and helped propel NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain). onto the world stage as one of the most recognizable visual styles that have become synonymous with the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. art movement.”
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Source: CoinDesk
Version by Angel Di Matteo / DiarioBitcoin
Image from the website ofCryptoPunks
