FaZe Banks reveals insane CryptoPunk NFT profits after recent SaveTheKids scandal LarvaLabs \/ Instagram: FaZe BanksRichard \u2018FaZe Banks\u2019 Bengston has been buying and selling CryptoPunk NFTs in his latest financial endeavor, and he shared the insane profits he\u2019s made from it so far on social media. NFTs (non-fungible tokens) might have boomed in early 2021, but they\u2019re still a popular trend among internet personalities like FaZe Banks. He has been investing in CryptoPunks, NFTs that come in the form of unique collectible characters stored on the Ethereum blockchain, and he claims it has paid off big time. He sold one on August 1 for more than half a million dollars. The turnaround was so good; it covered the costs of the others he purchased, essentially making them free. And it seems like that was only the beginning. I just sold a CryptoPunk for $584,752. Made a half a million dollar flip in a month. I\u2019m losing my fucking mind right now. pic.twitter.com\/f6sh3hDdYl \u2014 FaZe Banks (@Banks) August 1, 2021 Banks bought another CryptoPunk this week and sold it for $250,o00 less than 48 hours later. It didn\u2019t sell for as much as the last one, but it\u2019s still impressive. Given the backlash he faced following crypto \u2018pump and dump\u2019 drama despite claiming he wasn\u2019t involved, fans had mixed reactions to him boasting about it on social media. Still, he claimed people could make \u201clife-changing money\u201d from investing in NFTs like CryptoPunk, but only \u201cif you know what you\u2019re doing.\u201d And in his case, it seems like he does, given that he\u2019s pocketed $750,000 in less than a week. Bought a Crypto Punk 48 hours ago and just sold it for a PROFIT of almost +$250,000. There is life changing money in NFT\u2019s if you know what you\u2019re doing. pic.twitter.com\/Dk7iwwBi71 \u2014 FaZe Banks (@Banks) August 6, 2021 Love it or hate it, it seems like NFTs are here to stay, and they\u2019re deeply entwined with internet personalities and internet culture. Logan Paul has been offered $700,000 for an NFT, while banned Twitch streamer Jenelle \u2018Indiefoxx\u2019 Dagres is selling clips as NFTs, and the beloved \u2018Charlie Bit My Finger\u2019 video was sold as an NFT for $760,000. Banks is just yet another person cashing in on the trend, and according to his claims, it\u2019s paid off.<\/p>\n","protected":false},"excerpt":{"rendered":"
FaZe Banks reveals insane CryptoPunk NFT profits after recent SaveTheKids scandal LarvaLabs \/ Instagram: FaZe BanksRichard \u2018FaZe Banks\u2019 Bengston has been buying and selling CryptoPunk NFTs in his latest financial endeavor, and he shared the insane profits he\u2019s made from it so far on social media. NFTs (non-fungible tokens) might have boomed in early 2021, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-48495","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/48495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=48495"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/48495\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=48495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=48495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=48495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}