Bright

CryptoPunks NFTs have been selling at hefty prices of up to $11 million as it becomes one of the biggest hype in the world of blockchain artworks. It is worth noting that CyberPunks, a pixelated artwork collectible, emerges as one of the main reasons why NFT sales in August posted a staggering $900 million profit. It is a steep rise from its slump last June with only $60 million in sales. As per Business Insider, "CryptoPunks" was first released by a two-person team firm, LarvaLabs, by Canadian developers Matt Hall and John Watkinson, last 2017. It was initially available for free as it was an early experiment at first. However, this time around, CryptoPunks are now being sold to billionaires with millions of dollars to spare, with a recent listing skyrocketing to $90 million.