The auction house Sotheby's organizes a live auction event in its physical and virtual headquarters, selling 104 CryptoPunks-NFTs in one lot.
The price estimation is between 20 million dollars and 30 million dollars.
The whole presentation is equal in effort and importance as for the most important contemporary and modern art.
**Boundaries** between high and low culture become blurred. The cartoon-like CryptoPunks are being reviewed as serious cultural achievements.
Owners use CryptoPunks as profile pictures on social media to increase their status among like-minded users.
SOURCE: Sotheby's 
TAGS: ART NFTS AUCTIONS