The sale of a non-fungible token (NFT) from the famous CryptoPunk collection raised eyebrows in the community on Thursday for its massive USD 530m price tag – a price that would have made it the most expensive piece of art ever to be sold – if it was real.
The transaction first became known to the public around midnight UTC time, when a Twitter bot that tracks sales of CryptoPunks published this tweet, showing that an NFT from the collection was sold for over half a billion US dollars:
The tweet briefly got the rumor mill going, with community members taking to Reddit’s r/CryptoCurrency subreddit to discuss what just happened.
“First the dog coins pump, now kids are selling jpegs for millions. We really are living in the future. What a weird
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