Popular auction house Sotheby's intends to auction a set of 104 non-fungible tokens (NFTs) from the CryptoPunks collection.
The auction will take place next February 23 in the format of a "live" auction in New York.
Participants will also be able to enjoy a VIP Punk dinner and a party with DJ Seedphrase.
We should remember that in 2017, the Larva Labs team launched the CryptoPunks project with 10,000 images in NFT format with a size of 24x24 pixels. Initially, a large number of the non-fungible tokens in this collection were distributed for free.
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In September 2021, Sotheby's sold a set of 107 NFTs from Yuga Labs' Bored Ape Yacht Club collection for $24.4 million. The final price far exceeded the estimated top price of $18 million.
In December last year, an unknown person bought a rare non-fungible token #4156 CryptoPunks for 2,500 ETH (about $10.26 million at the time of the transaction).