CryptoPunk #4156 Sells at $7 Million Loss for the Owner (But There’s a Catch)

Last week, CryptoPunk #4156 sold for a whopping $3.3 million. However, the sale came at a $7 million loss for the owner. Last Friday, one of the rarest CryptoPunks sold for 2,691 ETH, which at the moment was worth roughly $3.3 million. But what surprised most is that the owner lost $7 million on the … Read more

Virality in NFT Branding: Investors Making New Connections in Valuations

In the last couple of years, investors in the NFT (non-fungible token) space have raised an important factor above all else: “the community.” It seems as if an NFT’s brand and its community are becoming one. The community, after all, defines the brand’s value. All that being said, it will become increasingly important for investors … Read more

CryptoPunks Owner Borrows $8.3M

News of the NFT owner who placed their assets as collateral for an $8.3 million loan is currently making rounds around the NFT ecosystem.  Legend Of ox65od – The Story So Far In February 2022, the famous auction house Sotheby’s was slated to offer a lot of 104 high-value CryptoPunks NFT, an Ethereum based NFT … Read more