NFT Trading Is Ice Cold But Developers Are Still Hot for Web3

What: CryptoPunks, one of the earliest NFT projects on Ethereum and also one of the most popular collections of all time, experienced a number of high-profile trades this week, including one from prolific NFT artist Beeple. His first profile-picture (PFP) NFT purchase, the clownish Punk #4953 set the stage for other high-value buys, including Punks #6634, which sold for 235 ETH (about $432,000) and Punk #3307, which sold for 500 ETH (about $915,000).

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• Source: https://www.coindesk.com/web3/2023/08/05/nft-trading-is-ice-cold-but-developers-are-still-hot-for-web3/?utm_medium=referral&utm_source=rss&utm_campaign=headlines