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NFT Sold for Over $10 Million

Company providing services to make NFT

A mysterious figure has accepted to buy a CryptoPunk NFT for more than 10.2 million USD on Larva Lab’s CryptoPunk marketplace.

On December 9, NFT CryptoPunk number 4156 was successfully sold for 2,500 ETH, equivalent to over 10.2 million USD at press time. This is a rare Ape Punk that only exists for 24 NFTs in a collection of 10,000 pieces.

An NFT CryptoPunk Sold for a Record Price of Over $10 Million

This is not the most expensive NFT CryptoPunk ever sold. That position belongs to CryptoPunk number 9998 for $ 532 million in October of this year, an event that caused a lot of controversy from the community due to the transparency in NFT trading.

However, CryptoPunk #4156 was the most valuable sale on Larva Labs’ native CryptoPunk marketplace, ahead of some of the more popular NFT marketplaces like OpenSea.

The most expensive NFTs are sold on CryptoPunk. Source: LarvalabsIt is worth noting that the process of buying and selling works is extremely smooth, as many owners of rare CryptoPunk have created a lot of difficulties in selling their beloved NFT.

Also in October, a CryptoPunk owner refused to sell NFTs for 2,500 ETH, more than $9.5 million at the time, citing that the uniqueness of NFT falls under his own personal identity and brand. and therefore decided not to sell at any price.

The Cryptopunks has become one of the most popular NFT projects on the market, hitting the $1 billion revenue milestone just behind Axie Infinity. In late August, Visa spent $150,000 buying NFT CryptoPunk, helping to sell 90 works within an hour of the announcement.

Not only was it successful in terms of performance on the trading front, The Cryptopunks also achieved certain achievements through side relationships to further strengthen the project’s intrinsic strength. Larva Labs, the developer behind The Cryptopunks, has announced a partnership with United Talent Agency, a leading Hollywood management company, to usher in a new era for the NFT and film industries.

However, it can be said that the first phase of December is the “landing” of the NFT field with the public presence of many big names such as Amazon, Microsoft or Pepsi. Despite the overall market being severely restrained, the NFT is expected to be the main drag to revive the overall situation.


Company providing services to make NFT

companies providing services to make NFT

At Austin Visuals 3D Animation Studio, we create computer graphics and provide custom animated ads and explainer videos to a global audience. AustinVisuals.com. Since we are always using the latest cutting edge software and technology to create our services, we are often at the front of technology helping our business clients grow into new technology spaces.

Austin Visuals provides a service helping businesses and individuals create their own NFTs, we offer onboarding, consulting, and will help guide you through your NFT creation process. If this is something you’re interested in email us [email protected].

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