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Author: Admin | 2025-04-28

"gas fees", which were low at the time.[10]Most of the 10,000 CryptoPunks represent humans, but there are also three special types: Zombie (88), Ape (24), and Alien (9).[11][12]ControversiesFlash loanIn October 2021, a single NFT transaction was made for 124,457 Ether (US$532 million at the time of the sale) regarding CryptoPunk #9998, much higher than all previous NFT sales, leading to speculation on social media that this could have been some kind of scam, a security exploit or money laundering. Larva Labs said that the purchase was made with a flash loan where the NFT's owner bought the item from themselves with borrowed money, taking out and repaying the loan within a single blockchain transaction,[13] subsequently invalidating the sale from the asset's historic and from all the related statistics.[14]Sotheby's 104 CryptoPunks auctionIn early 2022, a Sotheby's auction for a single lot of 104 CryptoPunks was announced.[15] The auction took place on 23 February 2022, but its seller (0x650d) changed their mind 23 minutes after the auction began and decided to withdraw the auction to keep the whole lot.[16]See alsoRare PepeEtherRockBored ApeList of most expensive non-fungible tokensEthereumReferences^ Larva Labs^ "10 things to know about CryptoPunks, the original NFTS | Christie's".^ "Will Cryptocurrencies Be the Art Market's Next Big Thing?". The New York Times. 2019-04-16. Archived from the original on 2020-12-15. Retrieved 2021-01-08.^ "CryptoPunks | Fortune NFTy 50". Fortune. Retrieved 2021-08-05.^ Locke, Taylor (10 June 2021). "'Covid Alien' CryptoPunk NFT sells for over $11.7 million to billionaire buyer in Sotheby's auction". CNBC. Retrieved 9 December 2022.^ Milmo, Dan (3 March 2022). "Ukraine to issue non-fungible tokens to fund armed forces". The Guardian.^ "Bored Ape Yacht Club creator buys CryptoPunks and Meebits". TheVerge. 11 March 2022.^ "Yuga Labs Statement About CryptoPunks Commercial Rights". Twitter.^ "CryptoPunks". CryptoPunks.app.^ Abbruzzese, Jason (2017-06-16). "This ethereum-based project could change

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