Painful to think about’: NFT Creator Nate Alex on selling 70 CryptoPunks too early

Oh, The Regret!

So let’s cut to the chase, shall we? Nate Alex, the NFT creator, and early adopter of CryptoKitties (yes, the game where blockchain meets feline fancy), made a move back in 2017 that he would never have predicted would haunt his waking hours. Selling 70 of his CryptoPunks. Ouch. That’s gotta hurt.

A Rookie Mistake?

CryptoPunks, those quirky, pixelated characters, were not so hot back when Alex was a proud owner of 70. In fact, at that time, they could’ve easily been filed under ‘Random-Junk-I-Invested-In’. He bought a bunch alongside another crypto enthusiast j1mmy and prankster Pranksy when no one gave a hoot about them. But little did our man know, his impulsive clear out would prove to be more of a blunder than a masterstroke.

The Value of Hindsight

Fast forward to today, with CryptoPunks sitting pretty as one of the most valuable NFT projects out there. Each one of these pixelated beauties fetches a pretty penny. And 70 of them? I’m getting dizzy just thinking about those numbers. Score one for the ‘hold onto it, it might be worth something someday’ camp.

The Pain of Missed Opportunities

The term ‘painful’ doesn’t cut it. It’s like biting into an apple and finding half a worm. Like watching your Bitcoin peak while you’re locked out of your wallet. Like… well, I’m sure you catch my drift. But hey, it’s all part of the game, right?

Moving Forward

On the plus side, we wouldn’t have this riveting story to tell if not for Alex’s hasty punt with his CryptoPunks, would we? And who knows? This tale of regret and missed opportunity might just serve as his stepping stone to the next big thing. The DeFi world is, after all, ripe with surprises and riches aplenty, waiting to be found by those who dare to take risks.
So here’s to Nate Alex, the ‘almost’ CryptoPunk millionaire. May your next move be better timed.