The CryptoPunk #6915 NFT recorded a record sale of 620 ETH, equivalent to 1.48 million dollars. Meanwhile, Ethereum is in first position in the Blockchain NFT sales ranking, followed by Solana and Bitcoin. 

The CryptoPunk NFT and the record sale of #6915 at 620 ETH

Suddenly, all eyes of the crypto community are back on the NFT market. In the last 24 hours, in fact, the CryptoPunk number 6915 was sold for a record figure of 620 ETH, the equivalent of 1.48 million dollars. 

“CryptoPunk #6915 just sold for 620 ETH ($1.48M)”

Specifically, the CryptoPunk #6915 is also the 53rd NFT of the famous CryptoPunk collection of 10,000 total pieces. 

From what has emerged, it seems that the address of the buyer initially offered 550 ETH, and then, after two hours, increased their offer for this NFT to 620 ETH, winning the sale. 

This record sale adds to those that have already taken place during this 2024, specifically in the month of April. 

In fact, five months ago, the CryptoPunk #635 had been sold for 4000 ETH, the equivalent at that time of 12.4 million dollars. 

CryptoPunk NFT and the record sale: Ethereum in first position in the Blockchain ranking

Looking at the data from cryptoslam, the record sale of CryptoPunk #6915 in the last 24 hours has confirmed the first position of Ethereum in the ranking of NFT blockchains by sales.

And indeed, always in the last 24 hours, Ethereum has recorded NFT sales for a total of 4.8 million dollars. In second place, there is then Solana, with 2.16 million dollars in NFT sales and, in third place, there is then Bitcoin with 1.83 million dollars.

The ranking changes only in sales numbers but not in blockchain positions if you also look at the last month. 

Ethereum remains in first place with a total of 124.5 million dollars in NFT sales, Solana with 75.99 million dollars, and Bitcoin 54.9 million dollars. 

Despite this ranking, in the last thirty days the top NFT sale is not the CryptoPunks collection, but rather Uncategorized Ordinals on the Blockchain of Bitcoin.

The general situation in the NFT market: the price recovery

Recently, the general situation of the NFT market was analyzed with the feeling of a price recovery, confirmed by the latest record sale. 

In fact, just days ago, the BAYC, CryptoPunk, and Pudgy Penguins collections were already recording increases both in terms of floor price and total sales volumes. 

Specifically, i CryptoPunk which hold the market capitalization record in the NFT sector, have seen a strong increase in quotations starting from August 20 onwards. The floor price of the collection increased by over 20% in just 8 days, going from 22.8 ETH to 28.5 ETH. 

Also the collection Pudgy Penguins increased by 14.78%, bringing the floor price to 10.79 ETH, while Bored Ape Yacht Club rose by 2.18% to 13.09 ETH. 

This week, “What the Punk!” was released, the new 80-minute documentary that tells the story of the famous CryptoPunk and the pioneers of crypto and NFT Art. 

NFT Art with “What the Punk!”: 80 minutes of documentary on the history of the CryptoPunk

On June 11, 2024, “What The Punk!” was released, an 80-minute documentary that explores the extraordinary history of the CryptoPunk and the birth of the vibrant NFT Art scene. 

IMPORTANT

We’ve decided to use Vimeo OTT to meet the community’s expectations quickly and not keep you waiting any longer.

This will also support our film’s run in festivals.

Strong viewership here will help us get streaming deals.

Thanks for your support! https://t.co/Dn5kY6bxzx

— What the punk! (@WTP_Movie) June 12, 2024

“IMPORTANT, We have decided to use Vimeo OTT to quickly meet the expectations of the community and not keep you waiting any longer. In this way, we will also support the participation of our film in festivals. A strong audience turnout will help us secure streaming contracts. Thank you for your support!”

“Watch it NOW on ARTE (France and Germany) or on VIMEO OTT (English version) for $5.99 or $9.99 for purchase”

“What the punk!” was created directly with the participation of the creators of CryptoPunk, Matt Hall and John Watkinson. It tells the story of this unprecedented journey: from a candid blockchain experiment to the most prestigious museums and auction houses in the world.

In practice, the story tells of this almost surreal world in which incredibly creative artists navigate the complexities of the great speculators and digital fraudsters.

The CryptoPunks have shaken the art world, triggering an artistic revolution and a speculative storm of enormous proportions. 

NFT Art: the CryptoPunks told in the new documentary “What The Punk!”

The new documentary on NFT Art has seen its international release on VIMEO OTT for a limited period of 3 months, and on ARTE for France and Germany.

For Europe, the launch of “What The Punk!” took place in conjunction with ART BASEL 2024, at the Kult Kino Cinema, during the Digital Art Mile, a new format of digital art fair in Basel.

ARTE describes the plot of the film about CryptoPunk as follows:

“In 2017, two unknown programmers had fun tinkering with an algorithm. The result was a collection of 10,000 pixelated characters with an old-school 8-bit look, the CryptoPunk, which they then offered for free via blockchain. Who would have thought that just three years later they would be worth billions of dollars.”

Behind “What The Punk!”, there is the director Hervé Martin Delpierre who, in general, dedicates himself to directing documentaries that reveal his passion for the artistic and cultural trends of the 21st century. His most important film is “Daft Punk Unchained”, the only one existing about the most famous electronic band, and it has been sold in more than 80 countries.

The sales of the CryptoPunk collection

I CryptoPunk continue to be at the top of the ranking of the best-selling NFTs, also making Ethereum, the blockchain on which they are developed, the first in terms of volumes. 

To give an example, last April 2024, the CryptoPunk NFT #635 was sold for the modest sum of 4000 ETH, the equivalent at that time of 12.4 million dollars.

Looking at the most recent sales, such as those on Friday, June 14, 2024, the selling prices of CryptoPunk NFTs remain in the range of 28-50 ETH.

NFT News involves a new record for CryptoPunk #5822 sold for 8000 ETH, the equivalent of $23.3 million to Deepak Thapliyal, CEO of Chain. 

Not only that, OpenSea’s leading NFT marketplace launched two new community investment programs – Ecosystem Grants and OpenSea Ventures. Both want to support the global movement around Non-Fungible Tokens and Web3. 

Record for CryptoPunk #5822 sold for 8000 ETH 

The new record for NFT CryptoPunk, marked by Deepak Thapliyal, CEO of Chain, willing to buy CryptoPunk #5822 for 8000 ETH, the equivalent of $23.3 million. 

pic.twitter.com/lQg6DzSttr

— Deepak.eth (@dt_chain) February 12, 2022

According to Dapp Radar’s data, the CryptoPunk NFT wearing the bandana, #5822, is the new NFT with the collection’s sales record, with today’s price of $209K or 71.52 ETH, while the estimated value is around $9.93 million or 3,397.89 ETH.

Not only that, Thapliyal stated that the purchase was possible thanks to Compound Finance in a tweet of his own:

Thanks to @CompoundFinance I am able to still HODL #ETH while buying this. Basically Long’d ETH to punk-in . #DeFi FTW

— Deepak.eth (@dt_chain) February 12, 2022

Thanks to @CompoundFinance I am able to still HODL #ETH while buying this. Basically Long’d ETH to punk-in . #DeFi FTW

CryptoPunk mania continues

Continuing to look at Dapp Radar’s data, CryptoPunk NFT #5822 ranks second in sales price considering the entire history of the collection. 

In fact, in the first place, it appears to be CryptoPunk #9998 sold four months ago for 124,450 ETH, the equivalent of nearly $530 million. 

However, looking below the price of CryptoPunk #5822, there is also CryptoPunk #7523 purchased last summer at an auction on the prestigious London house of Sotheby’s for $11.8 million. 

CryptoPunks are particular NFTs created by Larva Labs back in 2017, well before the non-fungible token boom. They are divided into four categories: human, zombie, monkey, and alien. There are 10,000 of them, and they represent nothing more than “pixellated” images of faces registered on Ethereum’s blockchain. 

OpenSea launches Ecosystem Grants and OpenSea Ventures

Last Friday, the leading NFT marketplace announced two new investment programs on Twitter: Ecosystem Grants and OpenSea Ventures. 

Today we’re excited to introduce 2 new community investment programs – Ecosystem Grants and OpenSea Ventures – ​​aimed at supporting the creators, teams, and emerging tech advancing the global web3 and NFT movement.https://t.co/LVwtjufXzn

— OpenSea (@opensea) February 11, 2022

“Today we’re excited to introduce 2 new community investment programs – Ecosystem Grants and OpenSea Ventures – aimed at supporting the creators, teams, and emerging tech advancing the global web3 and NFT movement.”

In its blog post, OpenSea describes its new OpenSea Ventures investment arm as supporting founders building protocols, companies, teams, and ideas that will power the future of web3 open economies. 

Not only that, but OpenSea Ventures also provides access to the most useful strategic and venture partners, including a16z, Standard Crypto, Animoca Brands, Electric Capital, Alchemy Ventures, A* Capital (Kevin Hartz), 1confirmation, Katie Haun, 3LAU, and others. 

 

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