Ultra-rare alien CryptoPunk NFT sells for 605 ETH, or $750,000

[waybesuricata]

Amid a wild market-wide bullrun for non-fungible tokens (NFTs), an ultra-rare “alien” CryptoPunk has sold today for 605 Ether, worth over $750,000 at today’s prices.

CryptoPunks are widely considered to be the original NFT project, released even before Cryptokitties, the blockchain-based collectibles project that propelled NFTs to mainstream consciousness. CryptoPunks developers Larva Labs report that Punks have accounted for $26 million in lifetime sales on their native marketplace, and the average sale price for Punks over the past year has been $6,199.

Source and continuation of the article: https://cointelegraph.com/news/ultra-rare-alien-cryptopunk-nft-sells-for-605-eth-or-750-000

[codehash]

It is interesting that art is still valued. The world is in economic difficulty. Art and works of art should be reduced. This news is really interesting. In this case, I smell bad.

[TomPluz]

It is interesting that art is still valued. The world is in economic difficulty. Art and works of art should be reduced. This news is really interesting. In this case, I smell bad.

No economic or global difficulties can kill the market of art and this story above just proved it. of course, if one has nothing to eat then buying NFTs can be absurd. There will always be people who got the money to afford anything they can project to be more valuable in the future. And as long as these people are not using my own money (I don't have that much, anyway) then it presents no big problem with me.