Non-fungible token (NFT) scouts dug up an old wallet from 2017 that minted 141 CryptoPunk for 0.02 ETH, which was about $7 at the time the project was launched. According to Twitter user Nansen Trainee from the analytics platform, the wallet is now valued at 11,300 Ether (
), or about $14.7 million at current prices.
Since then, the wallet has been inactive, leading to speculation that the owner has lost the seed. The wallet is one of the top 10 holders of CryptoPunks and many collectors are reportedly following it in hopes of getting a good deal.
1/ This wallet minted 141 punks for 0.0207 ETH, which is currently valued at over 11k ETH.
However, since then there has been no activity in the wallet for both NFT and cryptocurrency (other than receiving fake tokens).
Lost your original phrase? pic.twitter.com/Piqe6Epl1W
— Nansen Intern (@nansen_intern) October 17, 2022
CryptoPunks was one of the first collections launched on Ethereum with 10,000 unique NFTs. CryptoSlam reports that it was the third-highest secondary sales in the last month with a trading volume of $22.8 million.
According to OpenSea, which recently allowed users to submit bulk listings, the rare CryptoPunk #9476 was sold on Oct. 17 for a whopping $480,000 or 370 ETH, proving that pixel punks are still popular.
Street Machine streets ahead
The NFT Street Machine project has become more popular and more expensive despite a broader market downturn.
The cyberpunk anime series is a story collection designed by award-winning video game artist SpenzerG, who created the popular online shooter PlayerUnknown’s Battlegrounds (PUBG).
It is inspired by science fiction, cyberpunk and anime pop culture and is centered around an extensive online graphic novel themed story.
The collection was unveiled at OpenSea on October 7, and volumes and average prices have risen since then. The collection has 8000 NFTs for story characters and the minimum price is currently 0.473 ETH, about $620.
According to OpenSea, the average price at launch was only 0.04 ETH – about $50 – but by October 18, it had increased by 900% to 0.44 ETH, about $570, with daily volumes of 250 ETH, or about $325,000 , at the end of last week.
The collection’s design team aims to emulate the popularity of the flagship Bored Ape Yacht Club (BAYC) Yuga Lab through branding, merchandise and owners’ commercial rights.
Very excited to introduce you to some of our amazing community leaders, including members of the 3 Street Council and 4 Street Watch, who will be welcoming you later!
We chose these members because of their energy, NFT and cryptocurrency experience, and love for anime!
— Street Machine (@STMachineNFT) October 18, 2022
NFT house sold for $175,000
The non-fungible tokens are not just for digital art, as an entire house has been sold on OpenSea as NFTs. Real estate in South Carolina has been listed on Roofstock, a real estate technology company that combines NFTs with physical real estate.
Related: A little bit of punk: CryptoPunk NFT will be split into thousands of pieces
A three-bedroom home was sold for $175,000 in coins (
) October 15th. Real estate tokenization has gained momentum over the past year or so as it “creates seamless transactions, simplifies the process, and makes information more accessible,” according to Roofstock blockchain head Jeffrey Thompson.
A crypto-themed house featuring an NFT was also listed on social media for $1.2 million, according to Newsweek.
Decentraland Festival with Ozzy Osbourne
The Metaverse platform Decentraland will host its second virtual music festival in November. The free event will be presented by Kraken and will feature 100 artists including rock legend Ozzy Osbourne, DJ Dillon Francis and rapper Soulja Boy.
This is the second year of the Metaverse Music Festival. The first festival in 2021 attracted 50,000 virtual revelers in four days and featured around 80 artists.
More good news:
The anime-themed NFT project Azuki has released a Physical Backed Token (PBT), which is an open-source token standard that links physical objects to digital tokens on Ethereum. According to an October 17 announcement, PBT intends to provide decentralized authentication and track full ownership of physical objects.
Solana-based marketplace Magic Eden NFT has moved to royalty-free, where buyers can specify which royalties they want for a project. This may result in creators not receiving royalties when their works are sold, and section