One of Frank’s wallets sold a handful of DeGods. According | punk9059 on Binance Square

Trending Articles

Bookmarked and Liked

--

One of Frank’s wallets sold a handful of DeGods.  According to the Discord, a trading wallet of his was compromised.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

0

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@punk9059

Explore More From Creator

One of Frank’s wallets sold a handful of DeGods. From the Discord, it looks like a trading wallet of his was compromised.

--

My view on the punks IP: 1) The IP is almost impossible to monetize. So I don't see how anyone would pay much for it. Even $20mn feels like a hefty sum for something that will be unlikely to generate much return. 2) Talking about Yuga's acquisition of the IP at a higher price, without acknowledging that they also got around 420 punks (at a time when the floor was above $200k), is missing a lot of the transaction. 3) Yuga got lambasted by the crypto community almost anytime they did antyhing more than a book or a brunch with the punks IP, neither of which were profitable for them. Just reenforcing the idea that it's not IP that's easy to monetize. 4) They kept 414 of their punks. So the bulk of the value for them is in watching the punks price rise. They had to pick someone they thought would be good for prices overall. 5) Anyone who's raised money or done deals knows one rule very clearly: people saying they would buy something and people actually writing checks are extremely different matters. Who knows what real offers were out there, especially given the low value of the IP. 6) Given the criticism they received as a corporate owning something people wanted held by a non-profit or community, this buyer makes the most sense.

--

ETH is officially up more than 50% on the past week.

--

Luca says he would have bought punks for $75mn

--

Today @refikanadol sold out his project "Biome Lumina" in 25 minutes. Each of the 1000 pieces cost $5k, generating $5mn. Each mint also comes with a physical 22"x44" print. Congrats to Refik and the collectors.

--

Latest News

Bitdeer Technologies Reports Significant Revenue Decline Amid Strategic Shift

--

Stablecoin Regulation Poised to Drive Institutional Interest in Crypto Industry

--

Federal Reserve Warns of Economic Risks from Tariff-Related Disruptions

--

Meta Platforms Delays AI Model Release, Sparking Concerns Over Investment Strategy

--

Russia Deploys 640,000 Troops to Ukraine Amid Ongoing Conflict

--

Trending Articles

Earn free $PEPE [Earn free PEPE 20,000 daily](https://www.b

AneesQureshiAJK

🚨 Telegram Destroys $35 Billion Dark Web Empire – But the Crooks Are Already Plotting a Comeback!

Faith Shugart X0X0

🚨SEC VS RIPPLE CASE DECODED

PI NETWORK: The Truth They DON’T Want You to Know

Get up to 4000 pepe for free🔥🔶️ [Claim it here🔥🔶️](http

Crypto activist

Cookie Preferences

Cookie Preferences