In Brief:
- CEO of Zynga, Mark Pincus sets CryptoPunk NFT #5113 as his Twitter Profile picture.
- Mark Pincus bought the CryptoPunk for 88 ETH.
- Zynga is working on the new blockchain-based game concept such as play-to-earn
Mark Pincus, CEO of Zynga has changed his Twitter profile picture and uploaded a pixeled CryptoPunk NFT image as his new profile picture. Zynga is an American-based video game company.
As per the data, the uploaded NFT is CryptoPunk #5113, which was acquired by Mark Pincus on Nov 13 after spending 88 ETH through direct purchase. As per the Ether market value at the time of selling ($4645.64), the total price is nearly $408,454.
The CryptoPunk #5113 contains a pixelated male image with a mustache and mohawk thin hairstyle. The rarity score of this NFT is 113.20 on rarity.tools.
Recently, numerous NFTs from the CryptoPunk collection Sold for record-breaking prices and it has significant importance among crypto lovers as it is the oldest NFTs collection on the Ethereum blockchain. Not just celebrities, with their gaining popularity nowadays, corporate leaders are also using them to represent their identity in a unique way.
The move shows the company’s inclinations towards growing Blockchain technology. A Few days ago, The Company hired Matt Wolf as Vice President of the Blockchain Gaming Division. This approach came after another gaming company, Axie Infinity successfully covered a 2 million user base through its attractive gaming concepts especially “Play-to-earn” and generated $800 million in revenue.
Mark isn’t the first CEO to purchase a CryptoPunk NFT. prior to him Mike Novogratz of Galaxy digital purchased Punk #8466 and Wolf of wall stream fame Jordan Belfrot also Purchased a Cryptopunk NFT and made it his Profile Picture on Twitter.
Nowadays, The NFT trend has become popular among celebrities, players, and business tycoons. The NFTs from the valuable collection allow the holder to set images on social media platforms such as Twitter, which shows their iconic rich identity.