Sotheby's to Hold an Auction of 104 CryptoPunks Later This Month

Later this month, Sotheby's will dedicate an auction exclusively to the rise of CryptoPunks. The auction house had rousing success off the burgeoning NFTs, amassing over $100m USD in total sales last year, including Sotheby's record-breaking sale of CryptoPunk #7523 for $11.8 million in June 2021. "Punk It!" will feature a single-lot sale of 104 CryptoPunk NFTs on February 23 and is expected to bring in roughly $20-30m USD -- the highest valued estimate for an NFT or digital art ever offered at ...