HomeNFTMetaversesNFT News: CryptoPunk #5822 sold for 8000 ETH ($23 million)

NFT News: CryptoPunk #5822 sold for 8000 ETH ($23 million)

NFT News involves a new record for CryptoPunk #5822 sold for 8000 ETH, the equivalent of $23.3 million to Deepak Thapliyal, CEO of Chain

Not only that, OpenSea’s leading NFT marketplace launched two new community investment programs – Ecosystem Grants and OpenSea Ventures. Both want to support the global movement around Non-Fungible Tokens and Web3. 

Record for CryptoPunk #5822 sold for 8000 ETH 

The new record for NFT CryptoPunk, marked by Deepak Thapliyal, CEO of Chain, willing to buy CryptoPunk #5822 for 8000 ETH, the equivalent of $23.3 million. 

According to Dapp Radar’s data, the CryptoPunk NFT wearing the bandana, #5822, is the new NFT with the collection’s sales record, with today’s price of $209K or 71.52 ETH, while the estimated value is around $9.93 million or 3,397.89 ETH.

Not only that, Thapliyal stated that the purchase was possible thanks to Compound Finance in a tweet of his own:

Thanks to @CompoundFinance I am able to still HODL #ETH while buying this. Basically Long’d ETH to punk-in ????. #DeFi FTW

CryptoPunk #5822
Record for CryptoPunk # 5822

CryptoPunk mania continues

Continuing to look at Dapp Radar’s data, CryptoPunk NFT #5822 ranks second in sales price considering the entire history of the collection. 

In fact, in the first place, it appears to be CryptoPunk #9998 sold four months ago for 124,450 ETH, the equivalent of nearly $530 million

However, looking below the price of CryptoPunk #5822, there is also CryptoPunk #7523 purchased last summer at an auction on the prestigious London house of Sotheby’s for $11.8 million. 

CryptoPunks are particular NFTs created by Larva Labs back in 2017, well before the non-fungible token boom. They are divided into four categories: human, zombie, monkey, and alien. There are 10,000 of them, and they represent nothing more than “pixellated” images of faces registered on Ethereum’s blockchain. 

OpenSea launches Ecosystem Grants and OpenSea Ventures

Last Friday, the leading NFT marketplace announced two new investment programs on Twitter: Ecosystem Grants and OpenSea Ventures. 

“Today we’re excited to introduce 2 new community investment programs – Ecosystem Grants and OpenSea Ventures – aimed at supporting the creators, teams, and emerging tech advancing the global web3 and NFT movement.”

In its blog post, OpenSea describes its new OpenSea Ventures investment arm as supporting founders building protocols, companies, teams, and ideas that will power the future of web3 open economies. 

Not only that, but OpenSea Ventures also provides access to the most useful strategic and venture partners, including a16z, Standard Crypto, Animoca Brands, Electric Capital, Alchemy Ventures, A* Capital (Kevin Hartz), 1confirmation, Katie Haun, 3LAU, and others. 


Stefania Stimolo
Stefania Stimolo
Graduated in Marketing and Communication, Stefania is an explorer of innovative opportunities. She started out as a Sales Assistant for e-commerce, and in 2016 she began to develop a passion for the digital world, initially in the Network Marketing sector, where she discovered and became passionate about the ideals behind Bitcoin and Blockchain technology, which lead her to work as a copywriter and translator for ICO projects and blogs, and organize introductory courses.