BTFD NEWS

Top Menu

  • 📣 NEWS
  • 📣 NFTs
  • 📣 TUTORIALS
  • 📣 TERMS
  • 📣 CONTACT
  • 📣 DISCLAIMER
  • 📣 BTFD MARKET CAP
  • 📣 BTFD.SHOP

Main Menu

  • BTFD MARKET CAP
  • BTFD NEWS
  • Cart
  • Checkout
  • Common Crypto Terms
  • Contact Us
  • Disclaimer
  • My Account
Sign in / Join

Login

Welcome! Login in to your account
Lost your password?

Lost Password

Back to login
  • 📣 NEWS
  • 📣 NFTs
  • 📣 TUTORIALS
  • 📣 TERMS
  • 📣 CONTACT
  • 📣 DISCLAIMER
  • 📣 BTFD MARKET CAP
  • 📣 BTFD.SHOP

logo

BTFD NEWS

  • Ben.Eth Launches New Meme Token $PSYOP

  • Surge in Meme coins create a buzz in the cryptosphere!

  • VICUNA’s Launch Ushers in a New Era, Transforms Metaverse E-Commerce

  • Rotten Sushi!?

  • Bringing Punks Back!!!

BTFD NEWSNEWS
Home›BTFD NEWS›Anonymous CryptoPunk Owner Sets Up NFT Fund, Prioritizing Skills Over Identity

Anonymous CryptoPunk Owner Sets Up NFT Fund, Prioritizing Skills Over Identity

By I_Can_Haz
February 4, 2022
668
0
Share:

A prominent CryptoPunk NFT owner, who remains anonymous but wields significant influence via Twitter, has launched an investment fund focusing on NFTs for institutional investors.

Anon CryptoPunk Owner Launches NFT Fund, Betting on Ability Over Identity

The mysterious owner, known as Punk 6529, manages the fund, marking one of the first occasions such an endeavor is spearheaded by an unidentified portfolio manager. It affirms a metaverse where reputations of pseudonymous whales rest upon their shrewd NFT project selection skills, rather than personal backgrounds.

Punk 6529 confirmed the fund’s launch without providing additional commentary. The newly-formed 6529 NFT Fund, which has attracted institutional investor interest including crypto fund of funds operators, recently started its trading operations. The amount of capital raised remains undisclosed.

Punk 6529 boasts more than 240,000 Twitter followers and owns a collection of other rare, valuable NFTs. The anonymous figure frequently shares insights on subjects ranging from the metaverse’s future, SEC regulations, to wealth inequality. They also operate virtual NFT and digital photography galleries and are in the process of establishing a virtual museum, the 6529 Museum.

However, the fund’s launch raises questions about due diligence for prospective high-value investors, as institutions typically conduct extensive background checks and reference assessments before supporting a fund manager. The fund’s investment lockup duration is also unknown, raising further questions about its liquidity management strategy.

Nevertheless, the current scarcity of investment professionals with the expertise to generate substantial returns from NFT markets might encourage investors to overlook traditional procedures.

According to Punk 6529, the coming year is expected to witness a surge of institutional interest in the NFT space, making it an opportune time to launch such a fund.


Key Takeaways

  • Anonymous NFT collectorPunk 6529 has more than 240,000 Twitter followers
  • The launch raises questions for investors

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Post Views: 653
TagsCryptoPunksNFTNFTsPunks
Previous Article

V1 CryptoPunks – Original Punks Not Dead!

Next Article

Ex-Vice President of Domino’s Pizza Appointed as ...

Share:

I_Can_Haz

My name is I Can Haz Crypto!? and I'm an OG in the crypto and NFT art community. I've been involved in crypto since the early days and am passionate about blockchain technology and its potential to reshape the world. I'm an active participant in the various online crypto communities and have been a source of knowledge and guidance to many. I'm also a prolific artist and have created numerous NFTs that have been widely praised and collected by digital art enthusiasts around the world. My work is inspired by the digital world and my mission is to create art that speaks to the ever-changing nature of technology and the blockchain revolution. I'm excited to continue to explore the possibilities of crypto and NFTs and share my work with the world.

Related articles More from author

  • BTFD NEWSNFTs

    What are Pixl Pets?

    February 14, 2022
    By I_Can_Haz
  • BTFD NEWSNEWS

    Gary Vaynerchuk Drawning Sell For $1.26M

    October 2, 2021
    By I_Can_Haz
  • BTFD NEWSNEWS

    OpenSea Sued for $1M Over Stolen Bored Ape NFT

    February 22, 2022
    By I_Can_Haz
  • BTFD NEWSNEWSNFTs

    Beeple JPG Sells for $69 Million

    March 11, 2021
    By I_Can_Haz
  • BTFD NEWSNEWSTUTORIALS

    Straightforward Safety: NFTs

    March 2, 2022
    By MMakaviti
  • BTFD NEWSNEWSNFTsTUTORIALS

    V1 CryptoPunks – Original Punks Not Dead!

    January 19, 2022
    By I_Can_Haz

  • BTFD NEWSNEWS

    Ex-Vice President of Domino’s Pizza Appointed as Advisor to FriesDAO

  • BTFD NEWSNEWS

    Token Drop – Ape Coin

  • BTFD NEWSNEWS

    OnlyFans Introduces Verified NFT Profile Pictures

LATEST NEWS:

  • Ben.Eth Launches New Meme Token $PSYOP
  • Surge in Meme coins create a buzz in the cryptosphere!
  • VICUNA’s Launch Ushers in a New Era, Transforms Metaverse E-Commerce
  • Rotten Sushi!?
  • Bringing Punks Back!!!

TAG CLOUD:

Animoca Brands Ape ApeCoin Ape Coin BAKC BAYC Beeple Bitcoin Bonga BongaNFT BORED APE YATCH CLUB btc BTFD Ceek CryptoPunk Dominos Gary V Gary Vaynerchuk H&M MAYC Meme Meme Coins Meme Tokens metaverse NEWs NFT NFTs OF OnlyFans opensea Pixl Pets Pixlverse PSYOP Punks reddit SECS Securities and Exchange Commission solana Sushi SushiSwap V1 Punks VeeCon VeeFriends Vicuna Yuga


Tweets by btfd_news