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The flashiest NFL training camp arrivals this summer didn’t come with Porsches, or even McLarens. Instead, they showed up with computer-generated cartoon images that are currently worth more than most sports cars, riding an NFT wave toward cryptocelebrity.
There are 10,000 CryptoPunks, each a 24 pixel by 24 pixel avatar with a unique collection of traits. To see an example, visit Odell Beckham Jr. Twitter. The Punk he owns, # 3365, is currently set as his profile picture. CryptoPunks was launched in 2017 as one of the first projects built using non-fungible token (NFT) technology on the blockchain, but they have reached new heights this year. In the past 30 days, nearly $ 700 million worth of CryptoPunks have been bought and sold, with an average price of over $ 250,000.
One of the few NFT projects to match CryptoPunks in terms of dollars or buzz is Bored Ape Yacht Club, an online community of around 10,000 unique designs of primates launched in April. Want to see one? On Twitter, Steph Curry is currently display his, which he recently bought for a report of $ 180,000. After purchasing it, he uploaded a selfie to the BAYC Discord chat. NBA players LaMelo Ball and Josh Hart are also known to frequent the Discord. In addition to an invitation for the exclusive group chat, monkey owners got bonus NFTs and the ability to market their unique images. They also reveled in being the first to adopt something entirely new.. Try to explain the phenomenon to your audience at The New Yorker, Kyle Chayka describe BAYC as “a strange combination of a gated online community, a shareholder group, and an art appreciation society”.
Denver Broncos captain Von Miller also changed his Twitter Photo to his monkey, who rightly wears a cowboy hat. The Ravens corner Marlon Humphrey on Wednesday became the last to join the club, paying over $ 150,000 for an NFT monkey that sold for less than $ 10,000 in July.
Meanwhile, savvy collectors have remark this monkey shopper shares a username with Kevin Durant. However, Durant’s representatives declined to comment on his crypto activities. The Nets star also did not respond on Twitter to Ros Gold-Onwude, a host for Durant’s media network, Boardroom, who herself has a monkey avatar, when she said. demand on its potential holdings. But even though Durant did not join, he supported the trend by investing in OpenSea, with the NFT marketplace facilitating much of the bustling trading.
Beckham was more open, going to the UpOnly crypto podcast to explain his purchase. “The world is changing, and I see that it is here that we must be, it is space”, he said. said in the show. “I have a feeling that if you don’t get along with this world you will sort of get lost and left behind.”
Seeking to follow, last week he tweeted, “What other NFT projects should I consider? », Collecting more than 7,000 responses. Among them were locations for Digital Cats, AR Bonsai, Generative Masks, and Money Stacks, which bill themselves as “digital images of physical money that you can buy with Ethereum.”
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