Chain CEO Deepak Thapliyal Selling NFT Collection In FTX Wake
Chain CEO Deepak Thapliyal announced that he is selling his NFT collection on Thursday, including 10 CryptoPunks and seven Bored Apes.
My NFT Collection is now available. It will either be sold to the highest bidder or be placed in a fractional DAO where I will be selling 80% ownership for 8k ETH to the community.— Deepak.eth ⛓ (@dt_chain) November 11, 2022
DMs open. Check them out👇 pic.twitter.com/7TZpAc7TDK
The statement comes in the wake of uncertainty surrounding cryptocurrency exchange FTX, of which blockchain-based company Chain has an '8-figure exposure', according to Thapliyal.
The esteemed collection includes Alien CryptoPunk #5822, which last sold for 8000 ETH ($10.3M USD) in February. The wallet also holds a Gold Fur Bored Ape, one of the most-coveted traits in the project's ecosystem.
Thapliyal indicated that the NFTs will either be sold via auction or fractionally via a DAO.