![]() ![]() Yuga Labs has since opened up commercialization rights to all owners, letting them use their Punks imagery for derivative art and projects. Larva Labs ultimately sold the IP rights to Yuga Labs -the Bored Apes creator-in March of this year. The project was launched by Larva Labs in 2017, an early precursor of the NFT market craze of the last two years. It influenced later hits like the Bored Ape Yacht Club and Doodles, and CryptoPunks sales have yielded nearly $2.4 billion to date in secondary trading volume. It’s one of just 24 apes in the entire CryptoPunks collection, which spans 10,000 unique NFT profile pictures, and is considered the 38th “rarest” NFT in the project by Rarity Tools based on its attributes.ĬryptoPunks is one of the most valuable and influential NFT brands, as the Ethereum collection set the core template for modern profile picture projects. In less than three years, Dylan Field turned an incredible $7.5M profit and 500x return from just $88.$0.00035365 3.45% Terra Classic (Wormhole) Field sold his Punk to an anonymous collector for a staggering 4500 ETH or $7.5 million. In March 2021, Dylan Field decided to cash out his NFT collection after the NFT market offered good returns. ![]() The NFT market boom left many NFT projects with massive profits. ![]() Interestingly, the non-fungible tokens market started gaining traction in mid-2020 and exploded in early 2021, leaving the majority of NFT floor prices soaring to new record highs. Dylan Field’s market instincts were lively then, and he refused to sell his Punk NFT collection. Sometime in 2018, Dylan Field shared about acquiring a Punk with a friend, who offered to purchase the NFT collection for $15,000. Field fell in love with Punk #7,804, which he thought was the stickiest symbol in the whole NFT collection… and he needed to hold it. In December 2017, Dylan Field joined the NFT space and purchased a Cryptopunks NFT for $88. At the time, the Larva Labs studio was a two-person digital team consisting of Canadian software developers Matt Hall and John Watkinson. The NFT collection featured a limited edition of 10,000 NFTs. In June 2017, the digital asset incubation firm Larva Labs launched its CryptoPunks NFTs collection. Filed got attracted to join crypto several years back and became fascinated with crypto communities forming in 2017, especially Cryptopunks. How made $7.5M in one NFT trade ↓ /ZCSE7flY62ĭylan Field, known on the Twitter community as Zoink, was a creator fellow like Vitalik Buterin and lived with the Filecoin founder. Field has made millions of dollars after investing just $88 in non-fungible tokens. ![]() Dylan Field Turned $88 Into $7.5Mĭylan Field, an NFT influencer and collector, is a perfect example of an investor who has made a life-changing sum from his NFT investment. The industry has left many investors making life-changing returns for the past few years. The nascent NFT sector has attracted institutions, businesses, and investors. The non-fungible token market has experienced explosive growth in recent years. Join Our Telegram channel to stay up to date on breaking news coverage ![]()
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