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CryptoPunk #6046 Owner Refuses to Sell His NFT For $9.5M By CoinQuora

CryptoPunk #6046 owner refuses to sell his NFT for $9.5M
  • Richerd Chan, co-founder of CryptoPunk #6046 refuses to list it for $9.5 Million.
  • Converting the $9.5 Million to Ethereum will yield 2,500 ETH.
  • Richerd clarified that Punk #6046 has to do with Richerd’s online identity.

These non-fungible tokens have seen a variety of positive interactions. The NFT phenomenon is alive and well, but Richerd Chan, co-founder of CryptoPunk #6046 has just said that he rejected an offer for $9.5million to sell it to @poapxyz.

It is worth more than 2,500 Ethereum when we convert $9.5 million in cryptocurrency. Richerd would have accepted this offer, so it is quite large.

Richerd stated emphatically that Richerd’s offer is the biggest on-chain NFT sale in US dollars. Richerd refused to accept the offer, no matter the size of the sum.

Richerd sent a second tweet explaining that CryptoPunk #6046 isn’t for sale. Additionally, he mentioned that he doesn’t even care how much anyone will offer him. He further said that even when offered 1 billion or more he won’t sell his NFT.

Richerd explained why Richerd turned down the offer by pointing out that Punk #6046 was connected to Richerd’s identity and online persona, which prompted him to decline the offer. Gmoney, a NFT collector, also revealed that he had spent $170,000 on CryptoPunk NFT in January.

Continue reading on CoinQuora

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.