$16.9 Million CryptoPunks Collection, eBay Allows NFT Sales - Minty.Art Newsletter #37
Pioneering Digital Patronage
Welcome to this week’s Minty round-up covering some of the most significant events in Crypto Art and NFTs.
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$16.9 Million CryptoPunks Collection
A collection of nine CryptoPunk portraits from Larva Labs @larvalabs have sold for $16.9 million at a recent Christie’s @ChristiesInc auction. This is the second-largest NFT purchase hosted by Christie’s following on from Beeple’s @beeple Everydays Project. Back in 2017, the platform gave away the pixelated characters for free, but due to the recent boom in NFT sales, the prices for the ‘Punks’ have skyrocketed.
The collection features nine rare CryptoPunks, however most notably, includes an ultra-rare alien punk, CryptoPunk #635, of which only nine exist. In March 2021, just one alien CryptoPunk sold for 4.2KΞ ($7.58M). To see more information about the CryptoPunks project, visit the website here.
eBay to Allow NFT Sales on Platform
As part of a strategic move to expand its pool of buyers and sellers, eBay @eBay has announced that it will be accepting the sale of NFTs on its platform. Currently, the platform plans for only eBay verified sellers to be able to list NFTs, and only in certain categories such as trading cards, music, and art.
This is a monumental milestone for the mainstream legitimization of NFTs, as eBay are the first e-commerce platform to allow blockchain collectibles. “In the coming months, eBay will add new capabilities that bring blockchain-driven collectibles to our platform,” said Jordan Sweetnam, eBay’s Senior Vice President. “I’m looking forward to bringing on new creators to share their passions in ways we can’t even imagine yet.”
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$100,000 Eminem ‘Stan’s Revenge’ NFT
Canadian singer Tom MacDonald @IAMTOMMACDONALD has purchased the ‘Stan’s Revenge’ NFT from Eminem’s @Eminem ShadyCon NFT collection for $100,000. The original STANS’ REVENGE NFT is a beat produced by Eminem himself specifically for the collection, from which MacDonald has turned it into his own three-minute track, ‘Dear Slim’. Since MacDonald has dropped the song on YouTube, it has gained over 4.5 million views.
“Whether you love me or hate me or think I’m crazy, dropped a hundred grand to get a beat from Shady, I really hope when I bought it he wasn’t angry, but I really had to tell him that he made me,” MacDonald raps on the song. MacDonald wrote on Twitter: ’Dear Slim’ was probably the most expensive & creative thank you in hip-hop history.
‘Charlie Bit My Finger’ NFT Auction
After the recent sales of popular meme NFTs such as Nyan Cat, and Overly Attached Girlfriend, another legendary internet video is set to be auctioned off as an NFT. Seen by over 880 million people, Charlie Bit My Finger is one of the most viral videos of all time, however, after the auction, the original video will be permanently deleted from YouTube.
“The video went viral before I can remember and it’s always been a part of our lives,” said Charlie Davies-Carr. The auction will begin on the video’s 14th anniversary, May 22nd, where one winner will own a piece of internet history forever. To see more information about the auction, visit the official website here.
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That’s all for this week, stay tuned for our newsletter!