@seedphrase has bought CryptoPunk #6487​ for 550 ETH ($1.05m). CryptoPunks first launched in June 2017 and were developed by a two-person team of Matt Hall and John Watkinson, at American Game Studio Larva Labs. They are 24×24 pixel art images that are algorithmically generated. CryptoPunks were released before CryptoKitties. They are innovators in the NFT space and were one of the inspirations for ERC-721 tokens - which unlike ERC-20 tokens, are all one-of-a-kind, (Brave New Coin). Follow Danny on twitter: https://twitter.com/seedphrase Learn more about your ad choices. Visit podcastchoices.com/adchoices