This NFT just sold for half a billion

[High quality poster]

What in the fukk


Someone explain it to me. What’s so special?

 

[TEH]

About to see if I can find Microsoft Paint online

 

[Ganso Bomb]

You could just screenshot that.This shyt has to be a money laundering scheme or something...

 

[Nymbus]

You could just screenshot that.This shyt has to be a money laundering scheme or something...

I'll buy the screenshots from you for 40k

 

[jdubnyce]

Just funnelled a whole lot of dirty cash through the system

 

[Neo. The Only. The One.]

About to see if I can find Microsoft Paint online

I'll send you photoshop for free

 

[TEH]

I'll send you photoshop for free

Nah

I’m about to make my own NFT’s

about to become a 10 figure nikka

 

[Brehcepticon]

 

[How Sway?]

Lemme see what I can do with this

 

[Ghost Utmost]

Its like an animated sitcom but its real life

 

[Lord-Yosh]

The nikka that made it bought it




























































I made that up

 

[King]

You could just screenshot that.This shyt has to be a money laundering scheme or something...

It is. Literally.

Seriously, if anyone wants to become a billionaire overnight.

Just make a fukkton of NFTs crazy ass numbers. Hundreds of millions.

And hope to eat. Exponentially odds than playing the lotto imo.

All you need is a bored ass whale looking to offload some money.

 

[A.V.]

I’m bout to NFT every single smiley and GIF on The Coli and be rich rich



Alls I need is a real one like @Orbital-Fetus autistic ass to gather the data

 

[Astroslik]

Money laundering…


NFT’s are the new art pieces.

 

[basedlawd]

Looks like it was a trick and marketing stunt

Crypto Twitter was briefly set ablaze Thursday night as a CryptoPunk non-fungible token (NFT) was purchased for a staggering half-billion dollars – a figure that would have made the sale one of the largest ever not just in NFT-land, but in all of art history.

However, on-chain analysts were quick to point out that the sale may have just been an elaborate publicity stunt.

A Twitter bot that tracks the sales of CryptoPunks first flagged the transaction shortly before 8 p.m. ET. If real, the 124,457.07 ETH sale worth over $530 million would have easily eclipsed the 4,200 ETH sale of an ultra-rare alien punk in March.

CryptoPunks have a floor price – a term referring to the lowest price at which a piece from a particular NFT collection can be bought – of 100 ETH, and the punk in question, #9998, lacks desirable features from a collector’s perspective, leading some to believe the purchase was a “fat finger,” a term referring to the immutable, irreversible errors endemic in blockchain.

A look at the chain, however, reveals that the purchase was just a clever bit of smart contract magic.
The purchase was made by a flash loan contract deployed by an address flagged by wallet profiler Nansen as a prolific DeFi user, NFT collector and smart contract deployer who also owns the blurr.eth Ethereum Name Service NFT.

Banterlytics, a contributor to on-chain analysis publication OurNetwork, told CoinDesk that the transaction was likely conducted solely “for the bantz.”

The transaction cost 0.19 ETH, or roughly $800, and the address included a message in the metadata of the transaction, saying “looks rare.”

A similar flash loan transaction was conducted in February to purchase a HashMask NFT for 139,000 ETH, currently the largest NFT sale on record – even if on a technicality.