Crypto Punk 9998: The Most Valuable CryptoPunk NFT Ever Sold
Hi there, readers!
Welcome to our ultimate guide to Crypto Punk 9998, one of the most iconic and valuable NFTs in the world. In this article, we’ll dive deep into the fascinating history, unique characteristics, and astronomical price tag of this extraordinary digital collectible. So, buckle up and let’s explore the world of Crypto Punk 9998!
Origins and History of Crypto Punk 9998
Crypto Punk 9998, also known as “Ape Punk,” was created in June 2017 by Larva Labs, the team behind the iconic CryptoPunks collection. As one of the 10,000 unique CryptoPunks, 9998 quickly gained notoriety for its distinctive ape mask and rare combination of accessories.
Initially, Crypto Punk 9998 was acquired for just a few dollars worth of Ethereum. However, over the years, its value has skyrocketed, making it one of the most sought-after NFTs in the world. In October 2021, Crypto Punk 9998 was sold for an astonishing $532 million, setting a record for the most expensive NFT ever sold at the time.
Unique Characteristics of Crypto Punk 9998
What makes Crypto Punk 9998 so special and valuable? It all boils down to its unique combination of traits:
Ape Mask
Crypto Punk 9998 is one of only 24 CryptoPunks that features the rare “ape” mask. This mask gives 9998 a distinct and enigmatic appearance that sets it apart from the majority of other CryptoPunks.
Accessories
In addition to the ape mask, Crypto Punk 9998 also sports a pair of “wireframe sunglasses” and a “knit cap.” These accessories further enhance its individuality and contribute to its desirability among collectors.
Rarity
The combination of the ape mask and sunglasses makes Crypto Punk 9998 one of the rarest CryptoPunks in the collection. This rarity has driven up its value and makes it a highly sought-after asset for collectors.
The Meteoric Rise of Crypto Punk 9998
The journey of Crypto Punk 9998 from obscurity to becoming the most valuable NFT ever sold is nothing short of remarkable:
Early Popularity
In its early days, Crypto Punk 9998 gained popularity among NFT enthusiasts for its distinctive appearance and association with the Bored Ape Yacht Club, a popular NFT collection that features ape-themed characters.
Celebrity Endorsements
The visibility of Crypto Punk 9998 was further amplified by celebrity endorsements. Notable figures such as Jay-Z and Steve Aoki have been spotted using Crypto Punk 9998 as their profile pictures on social media, contributing to its growing popularity and demand.
Record-Breaking Sale
In October 2021, Crypto Punk 9998 made headlines when it was sold for a record-breaking $532 million. This sale catapulted 9998 to the status of the most expensive NFT ever sold and cemented its position as one of the most valuable assets in the digital art world.
Crypto Punk 9998: A Detailed Breakdown
Attributes
| Attribute | Value |
|---|---|
| Name | Crypto Punk 9998 |
| Type | CryptoPunk |
| Mask | Ape |
| Sunglasses | Wireframe |
| Knit Cap | Yes |
| Rarity | 1 of 24 (Ape Mask) |
Sales History
| Date | Price (USD) |
|---|---|
| June 2017 | Few dollars |
| October 2021 | $532 million |
Owner History
| Owner | Dates |
|---|---|
| Unknown | June 2017 - October 2021 |
| Unknown | October 2021 - Present |
Current Value
As of March 8, 2023, the estimated value of Crypto Punk 9998 is approximately $275 million. Its value fluctuates based on market conditions and demand.
Conclusion
Crypto Punk 9998 is a unique, rare, and highly valuable NFT that has captivated the world of digital art. Its distinctive ape mask and combination of accessories have made it a sought-after collectible, and its record-breaking sale has solidified its place in NFT history.
If you’re interested in learning more about CryptoPunks, NFTs, or the captivating world of digital art, be sure to check out our other articles for the latest insights and updates. Thanks for joining us, readers!
FAQ about CryptoPunk 9998
What is CryptoPunk 9998?
CryptoPunk 9998 is a unique digital artwork from the CryptoPunks collection, created by Larva Labs in 2017. It depicts a pixelated human figure with a green headband and a monocle.
What makes it special?
CryptoPunk 9998 is one of only two CryptoPunks with a headband and a monocle, making it highly rare and desirable among collectors.
Why is it so valuable?
CryptoPunk 9998’s rarity, combined with the fact that it is a piece of digital art history, makes it highly sought-after by collectors. Its value is determined by market demand and the willingness of buyers to pay for it.
Who owns CryptoPunk 9998?
CryptoPunk 9998 is currently owned by an anonymous collector who purchased it in 2019 for 124,457 ETH (approximately $532 million at the time).
Where is it currently held?
The ownership record of CryptoPunk 9998 is stored on the Ethereum blockchain, which is a decentralized and public ledger.
Can I buy CryptoPunk 9998?
CryptoPunk 9998 is not for sale. Its current owner has no intention of selling it, as its value is expected to continue to appreciate over time.
What is the history of CryptoPunk 9998?
CryptoPunk 9998 was created in 2017 and has been sold several times since then. Its most notable sale was in 2019, when it was purchased for $532 million.
How can I see CryptoPunk 9998?
CryptoPunk 9998 can be viewed on the CryptoPunks website or in a blockchain explorer like Etherscan.
Is CryptoPunk 9998 a good investment?
Investing in CryptoPunk 9998 or any other NFT is speculative and carries risks. The value of NFTs can fluctuate rapidly, and past performance is not indicative of future results.
Are there any similar CryptoPunks to 9998?
The closest CryptoPunk to 9998 in terms of rarity is CryptoPunk 3100, which is also a male figure with a headband but no monocle. CryptoPunk 3100 is also highly valuable, but not as much as CryptoPunk 9998.