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Why a CryptoPunks Owner Turned Down $9.5M in Ethereum for His NFT

From decrypt.co

CryptoPunks is the most valuable NFT avatar collection, with a starting price of nearly $400,000 worth of ETH on the secondary market and dozens of sales over the $1 million mark to date. One owner could have cashed in big recently when a $9.5 million offer came in for his CryptoPunk—but he quickly declined. Richerd Chen is the co-founder of NFT smart contract developer Manifold, but to his 59,000+ Twitter followers, he’s the Punk with 3D glasses, black “frumpy hair,” and a cigarette dangling out of his mouth. Last week, Chen tweeted in conversation, “My punk is not for sale. Don't care what anyone offers me.” It’s a ... (full story)

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