Indonesian NFT ‘selfie guy’ makes $1.8M, CryptoPunks sells for $16M: Nifty Newsletter

The CryptoPunks collection recorded another $16-million transaction this month as CryptoPunk #7804 sold for 4,850 ETH on March 20.

In this week’s newsletter, read about how an Indonesian man who sold nonfungible token (NFT) selfies in 2022 is making a comeback through memecoins. Check out how asset manager BlackRock’s crypto wallet received memecoins and NFTs after depositing a stablecoin in the wallet. In other news, find out how the CEO of Pixelmon is betting on fractionalized NFTs, and learn about a new CryptoPunk transaction taking the second-largest sale record for the collection. 

Sultan Gustaf Al Ghozali, who gained popularity from selling selfie NFTs in 2022, is making a comeback with a hybrid project combining NFTs and memecoins. Ghozali announced the project, its details and a presale address on March 24. 

Days after the announcement, the presale address had 527 Ether (ETH), worth about $1.8 million. Despite this, Ghozali said he would refund the amount exceeding the 400-ETH cap he set for the project.

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