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Will Larva Lab’s 104 Cryptopunks sell for $20M or more at Sotheby’s?

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Will Larva Lab’s 104 Cryptopunks sell for $20M or more at Sotheby’s?

Auction house Sotheby’s is putting up 104 CryptoPunk non-fungible tokens (NFTs) for sale on February 23 at its New York City auction set. The auction, titled “Punk It!”, will be held following a live exhibition of the iconic NFTs. This is a market on the final hammer price for Larva Lab’s 104 Cryptopunks (Lot 1), to be auctioned at Sotheby’s “Punk It!”, a live auction, where bidding is scheduled to start at 7:00 PM ET on February 23, 2022 (https://www.sothebys.com/en/buy/auction/2022/punk-it). This market will resolve to “Yes” if the final hammer price at auction equals to or exceeds $20 million, and “No” otherwise. Note: this is a market on the final hammer price at the live auction, which does not include buyer’s premium, fees, or taxes, and is not equivalent to “Lot Sold” price as listed on Sotheby’s website. When the auction is live, there will be a live video feed broadcasting the auction on Sotheby’s website (currently scheduled at https://www.youtube.com/watch?v=q2NVdkGmxIY). If, for whatever reason, Sotheby’s does not provide a live broadcast, the recording of the auction, nor the hammer price elsewhere, this market will resolve to the price listed on Sotheby's website. If the auction is cancelled altogether and will not happen by March 5, 11:59:59 PM ET, the market will resolve to "No”.

Auction house Sotheby’s is putting up 104 CryptoPunk non-fungible tokens (NFTs) for sale on February 23 at its New York City auction set. The auction, titled “Punk It!”, will be held following a live exhibition of the iconic NFTs. This is a market on the final hammer price for Larva Lab’s 104 Cryptopunks (Lot 1), to be auctioned at Sotheby’s “Punk It!”, a live auction, where bidding is scheduled to start at 7:00 PM ET on February 23, 2022 (https://www.sothebys.com/en/buy/auction/2022/punk-it). This market will resolve to “Yes” if the final hammer price at auction equals to or exceeds $20 million, and “No” otherwise. Note: this is a market on the final hammer price at the live auction, which does not include buyer’s premium, fees, or taxes, and is not equivalent to “Lot Sold” price as listed on Sotheby’s website. When the auction is live, there will be a live video feed broadcasting the auction on Sotheby’s website (currently scheduled at https://www.youtube.com/watch?v=q2NVdkGmxIY). If, for whatever reason, Sotheby’s does not provide a live broadcast, the recording of the auction, nor the hammer price elsewhere, this market will resolve to the price listed on Sotheby's website. If the auction is cancelled altogether and will not happen by March 5, 11:59:59 PM ET, the market will resolve to "No”.

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Frequently Asked Questions

"Will Larva Lab’s 104 Cryptopunks sell for $20M or more at Sotheby’s?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 0% for "Yes." For example, if "Yes" is priced at 0¢, the market collectively assigns a 0% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Will Larva Lab’s 104 Cryptopunks sell for $20M or more at Sotheby’s?" has generated $92K in total trading volume since the market launched on Feb 23, 2022. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Will Larva Lab’s 104 Cryptopunks sell for $20M or more at Sotheby’s?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Will Larva Lab’s 104 Cryptopunks sell for $20M or more at Sotheby’s?" is 0% for "Yes." This means the Polymarket crowd currently believes there is a 0% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Will Larva Lab’s 104 Cryptopunks sell for $20M or more at Sotheby’s?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.