Adult site CamSoda to host live online auction of CryptoPunk 7060 on May 13 at 10 p.m. EST
Participants will be able to bid on a rare CryptoPunk without reservation
New York, NY – CamSoda, a leading online adult webcam platform, announced today that it will host an unqualified live auction of CryptoPunk 7060. In the wake of Christie’s auction for a lot of nine cryptopunks with the inclusion of a rare alien, Camsoda is auctioning a unique 3-attribute CryptoPunk to the masses. Participants in the May 13 auction will be able to enter once they deposit $ 1 in cryptocurrency into their CamSoda account. To register for the auction, go to https://nft-auctions.co/
“Right now, we are in the middle of an NFT gold rush. NFTs are the hottest crypto investment space yet in 2021, with millions of transactions and rare collectibles like CryptoPunks selling for huge sums, ”said Daryn Parker, vice-president. president of CamSoda. “Considering how the CryptoPunks captured the mainstream crypto zeitgeist, we wanted to make one easily accessible to our users. We will be auctioning CryptoPunk 7060 on May 13. This will mark another expansion of the camsoda platform, beyond live streaming and in nfts. This is the first time that a rare and unique cryptopunk will be auctioned off in an open auction. Make sure to login and place a bid. “
CryptoPunk 7060 is one of the 6039 male punks. It has three distinct attributes:
- 3D Glasses (1 of 286)
- Crazy Hair (1 in 414)
- Taupe (1 in 644)
CryptoPunks was one of the first non-fungible token projects created on Ethereum, having launched in 2017. Its founders were a New York-based software company, Larva Labs, which created software that would generate thousands of different , odd-looking characters. After initially thinking it was the makeup of a new app or game, CryptoPunk eventually became the model that changed the digital art market. CryptoPunks are a collection of off-the-wall, eccentric 24 × 24, 8-bit pixel art images inspired by the London punk movement of the 1970s. There are exactly 10,000 of them, each with their own unique personality and a combination of distinctive features randomly generated. There are 6,039 men and 3,849 women. No two are exactly alike and each can be officially owned by one person on the Ethereum blockchain. The disc, as Larva Labs explains, “is incorruptible and promises to have an extraordinary lifespan.” The ownership history of each work of art is also tracked and documented in the blockchain.
CryptoPunks have exploded in popularity lately, gaining the attention of CEOs, venture capitalists, big business figures and even social media influencers. The works have fetched sky-high prices, with CryptoPunk 6965, which features a monkey in a brown hat, selling for 800 Ether (ETH) worth over $ 1.5 million in February, and Punk 2890, which represents a blue alien in a purple hat, selling for 605 ETH worth over $ 750,000 in January. Overall, the platform has seen nearly $ 200 million in trading volume in formal deals since launch, with 98% of the action taking place in recent months. Over 8,000 sales were recorded in the previous 12 months. Today, the cheapest punk you can find will cost around $ 30,000 in Ethereum cryptocurrency, while the rarest can fetch nearly $ 10 million.
Jumping onto the scene in 2014, CamSoda quickly made its mark in adult entertainment. The company is an innovator in the adult webcam industry, having developed new technology and partnering with some of the biggest names in the industry. Always ahead of the game, CamSoda is excited about this next big step as the first adult entertainment site to auction a CryptoPunk.
For more information on the CamSoda auction and to set a reminder for the event, please visit https://nft-auctions.co/.