Of that 10%, 5% will be given to Larva Labs to support development of more NFT projects, and the other 5% will be donated to Covid-19 relief organizations. Though Sillytuna is now a bit richer today, the NFT collector doesn't plan to keep all the profit, and will donate 10% of sale proceeds, according to a Sotheby's press release. However, Sillytuna reportedly got the NFT more recently for an undisclosed amount - it isn't recorded publicly as typical sales are because it was done as an OTC, or over-the-counter, trade, Sillytuna told Cointelegraph. ![]() The last public sale of CryptoPunk 7523 was in 2017 for 8 ether, which was then worth $1,646. Prior to the sale, an NFT collector known under the pseudonym Sillytuna owned CryptoPunk 7523. "CryptoPunks have become among the most sought-after NFTs on the market," Michael Bouhanna, contemporary art specialist at Sotheby's, previously told CNBC Make It.
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