NFT EveningNFT Evening
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • News
      • Collectibles
      • Crypto Art
      • Blockchain games
      • Metaverse
      • Music
      • Interviews
      • Columns
    • Guides
      • Top NFT Projects
      • Top Blockchain Games
      • NFT Marketplaces and Tools
    • Learn here!
      • What is an NFT?
      • How to keep your NFTs safe
      • NFT Glossary
    • NFT Calendar
      • NFT Drops
      • NFT Conferences
      • NFT Launchpad
    • Newsletter
    NFT EveningNFT Evening
    Collectibles

    Home » News » Collectibles » Mask Network Becomes New Owner of CryptoPunk #6128 for 159 ETH

    Mask Network Becomes New Owner of CryptoPunk #6128 for 159 ETH

    By TheoSeptember 1, 2021Updated:January 31, 20232 Mins Read

    Another institutional buyer has fallen for the charms of OG Collectible CryptoPunks. Encryption protocol Mask Network announced that it purchased Punk #6128 for 159 ETH or almost $562,880 as of press time.

    Mask Network's Punk #6128
    Meet Mask Network’s Punk sporting a police cap and an eye patch. Credit: Larva Labs

    Punk #6128 is one of the 6039 Male Punks. It sports two accessories: a police cap and an eyepatch.  The police cap is only present in 203 Punks, while 461 Punks have an eye patch. So both accessories are in the 2% – 4% range in terms of rarity. 

    According to the tweet, the purchase signifies what Web 3.0 can achieve. It is the 3rd generation of web evolution that would make the internet more “intelligent” through AI. It would power technologies like AR and VR, which require users to have digital profiles. In the NFT space, Punks are at the peak of the pyramid in terms of the most desired PFPs. 

    Mask Network's Tweet on Buying CryptoPunk
    Mask Network proudly announced its first Punk purchase in the spirit of Web 3.0. Credit: Mask Network

    Moreover, Punk #6128 will be an asset placed in its marketplace, the MaskDAO. The last bit of info we know is the company hinted that more could be achieved with NFTs on the Mask extension. 

    What Mask Network’s CryptoPunk Purchase Proves

    CryptoPunk has become the winning formula for a lot of collectibles. Meaning programmatically generate 10,000 pieces. Then, randomly assign a set of pre-made components like wearables, facial features and colors. Finally, release it in headshot format – perfect for social media profile pictures. 

    Thus, no other collectible has ever been able to attract the kind of audience and price action it does. Last week, VISA purchased a Punk for $150,000. This is a big leap for the payments processing company because it has previously expressed doubts about Crypto. 

    The floor price of CryptoPunks hit 132 ETH last week or close to half a million US dollars. Moreover, it just joined Axie Infinity in the billion-dollar club in terms of total sales, thereby cementing its status in the space. 

    You can follow the latest bit on buying, selling and trading Punks through Larva Labs’ website.

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    blue chip nftsCryptoPunks
    Previous ArticleDimitri Vegas Drops NFT Collection With Batman Producers’ Backing
    Next Article Sotheby’s to Host “Greatest Bored Ape  Auction” of All Time
    Theo
    • LinkedIn

    Theo is NFTevening co-founder. He has been in the digital marketing & Media industry for the past 7 years and is involved in several big publishing companies - Reaching 35Millions users monthly across 20 different countries. He is a nostalgic gamer, a Witcher-fan and a huge NFT-enthusiast !

    More great NFT Evening content:

    Fingerprints DAO Announces Maschine Collection in Partnership with Mercedes-Benz

    May 31, 2023

    Unleash the Magic of Adventure Time with Funko’s Digital Pop! NFT Collectibles

    May 27, 2023

    Prada Unveils Exclusive Floral NFT Collection for Summer 2023

    May 27, 2023

    Own a Piece of The Wolf of Wall Street With LALA Digital Collectibles!

    May 19, 2023

    Art Blocks Unveils ‘Human Unreadable’, Pushing the Boundaries of Digital and Physical Art

    May 18, 2023

    Celebrate Mothers’ Day With a Power of Women x Lilyillo NFT

    May 11, 2023

    Meebits Get a Mood Makeover for Second Birthday

    May 4, 2023

    From Star Trek to Web3: William Shatner’s New NFT Series Will Blow Your Mind

    April 27, 2023

    NFTevening is the biggest website for NFT news. We cover; breaking news, upcoming mints, plus, interviews with top NFT artists and projects. Put simply, we are the best place for new and experienced non-fungible token fans — making content fun & accessible

    Privacy policy
    Terms and conditions

    Article Categories
    • Blockchain games
    • Collectibles
    • Columns
    • Crypto Art
    • Guides
    • Interviews
    • Metaverse
    • Music
    • News
    • NFT Marketplaces and Tools
    • Sponsored Content
    • Top Blockchain Games
    • Top NFT Projects
    NFT Calendar
    • Today’s NFT Drops
    • Upcoming NFT Drops
    • Solana NFT Drops
    • NFT Calendar
    • NFT Calendar : Add Your NFT Event
    Get In Touch
    • Advertise (Media Kit)
    • Job Opportunities
    • About Us
    • Contact Us
    • Newsletter
    NFT Beginners Guides
    • How to Sell NFT Art
    • How to Create NFT Art
    • How to Display NFT Art
    • How To Make Passive Income With NFTs
    • Best Crypto Wallet
    • Best NFT Coins
    • Best NFT Rarity Tools
    • What is a DAO ?
    • What Are Crypto Gas Fees ?

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version