One of the nine alien punks, released in 2017 as non-fungible tokens (NFTs), was purchased for 605 ETH — about $762 000 at the time of the sale.
Punk 2890 bought for 605 ETH ($761,888.57 USD) by 0x24c5eb from 0x6611fe. https://t.co/p5IvIq3MnB #cryptopunks #ethereum pic.twitter.com/xq8Cl2imKV
— CryptoPunks Bot (@cryptopunksbot) January 23, 2021
The buyer of the token put up for sale on Saturday, January 23, was FlamingoDAO, a decentralized autonomous organization (DAO) that invests in collectible digital items.
Its representative Priyanka Desai told CoinDesk that this is the organization's most expensive purchase to date. It has about 40 members, and the community's combined capital amounts to 4800 ETH.
FlamingoDAO members approved the purchase within 25 minutes, Desai noted.
The CryptoPunk acquired by the organization last sold in July 2017 for 8 ETH, or $2,127.
“People regard it as a collectible that has significant importance in the history of NFTs,” Desai said.
The official FlamingoDAO Twitter account confirmed the purchase with a meme.
— 🦩FLAMINGO🦩 (@FLAMINGODAO) January 23, 2021
There are a total of nine alien punks, created long before the famous CryptoKitties.
On the new class of assets that NFTs have become, read Dmitry Bondar's series for ForkLog magazine. First part — an introduction to the market of non-fungible tokens. Second part discusses the deep kinship between cryptocurrencies and collectibles, and in Third — the prospects for NFTs.
The creator of the animated series ‘Rick and Morty’ sold the debut NFT collection for 1300 ETH.
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