'CryptoPunk' NFT Sells For $11.8 Million At Sotheby's

phalse phace writes: A non-fungible token of a digital artwork called a "CryptoPunk" was sold for $11.8 million on Thursday, according to a tweet by auction house Sotheby's. The NFT was sold as part of the Sotheby's online auction "Natively Digital: A Curated NFT Sale," which runs from June 3-10 and features work by 27 digital artists. CryptoPunks are a series of 10,000 unique pixel-art characters made by Larva Labs in 2017. The individual one sold by Sotheby's -- "CryptoPunk #7523" -- is of the sought-after Alien variety with blue-green skin, and wearing a medical mask. Two other Alien CryptoPunk NFTs have sold for more than $7 million each in previous sales. According to Reuters, it was bought by Israeli entrepreneur Shalom Meckenzie, who is the largest shareholder of digital sports company DraftKings.

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