ARGUMENTS FOR EXTENDED

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An NFT auction hosted by Sotheby’s, has been canceled last minute after an anonymous collector decided not to sell their $30m collection of 104 CryptoPunks.

NEW YORKA collection of 104 CryptoPunks expected to be sold for up to $30 million was put on ice Wednesday during a much-anticipated auction at Sotheby’s. A

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The Nfts

On February 8, the multinational luxury auction company Sotheby’s announced the firm would be auctioning 104 Cryptopunk non-fungible token (NFT) collectibles

What Happened at Sotheby's CryptoPunk Sale?

The NFTs (non-fungible tokens) were valued at $20 million to $30 million. Michael Bouhanna, co-head of digital art at Sotheby’s, had earlier described the sale as a “first-of