Cryptopunks selling for 10 million $: https://www.larvalabs.com/cryptopunks https://www.larvalabs.com/cryptopunks Or 532 million$ for https://www.cnet.com/news

Cryptopunks selling for 10 million $: https://www.larvalabs.com/cryptopunks https://www.larvalabs.com/cryptopunks Or 532 million$ for https://www.cnet.com/news/why-this-cryptopunk-nft-sold-for-532-million-sort-of/ https://www.cnet.com/news/why-this-cryptopunk-nft-sold-for-5... A lot of it is greenwashing + fraud (eg. money laundering) + wales upping the price for a ( stupid) digital avatar. I would expect some people also earned a lot of money with crypto and are using it just as a way to show off. The intrinsic value is yet to be determined. Let's see what happens when crypto drops like after 2017. Edit: I just crawled OpenSea api and these are the results by it's collection market cap ( 50.100 collections). The value quickly decimates and there are only 277 of 50100 collections with > 0 eth Data: https://pastebin.com/NyLMcs7c https://pastebin.com/NyLMcs7c ( not sure why cryptopunks is not in it though. All data without market cap from the api was filtered out) Script ( linqpad) : http://share.linqpad.net/wkbrut.linq http://share.linqpad.net/wkbrut.linq