Share this article
Rare Hashmasks Digital Artwork Sells for $650K in Ether
"The piece itself is chaotic, yet ordered. It invokes a concept of biblical dualism with the demon and halo," said the buyer.
Updated Sep 14, 2021, 12:07 p.m. Published Feb 4, 2021, 12:48 p.m.
A demonic digital artwork on the Ethereum blockchain has been sold for a small fortune via peer-to-peer marketplace OpenSea.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Selling for 420 ETH (roughly $650,000 at the time of purchase on Wednesday), the collectible non-fungible token (NFT)-based artwork is known as a Hashmask.
The buyer, @seedphrase on Twitter, posted:
I've decided to one-up myself and purchased this mystical halo demon 420 $ETH! @TheHashmasks #NFTs pic.twitter.com/H7a9OStPiT
— DANNY (@seedphrase) February 2, 2021
The Hashmask platform, from Switzerland-based Suum Cuique Labs, hosts a collection of 16,384 unique digital portraits created by a collective of over 70 artists, according to the its website.
"The mask itself is a unique, one-of-a-kind design, and the mystical attributes – character, eye color and skin color – are present in only 0.07% of all Hashmasks," the artwork's buyer, Danny – who preferred to not to provide a surname – told CoinDesk via email.
"I'm particularly interested in purchasing ultra-high-end NFTs that are aesthetically pleasing to the eye and scarce," he said.
Danny also said he was "immediately" attracted to Hashmask due to the "Basquiat style" – a reference to noted Manhattan-based artist Jean-Michel Basquiat – and its several layers of "subjective scarcity."
"I also liked that there's a transparent copyright policy that gives the owner freedom over their non-fungible tokens, whereas most NFT projects have a license that restricts the buyer from commercializing their NFT," Danny said.
See also: Early CryptoPunk Digital Collectible Sells for $762K in Ether
While the NFT community has been evolving, Danny said it hadn't yet seen a major influx from the public.
"Knowing that I'm an early investor while also providing liquidity to artists and projects is incredibly rewarding," he said.
Higit pang Para sa Iyo
Ano ang dapat malaman:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Higit pang Para sa Iyo
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
Ano ang dapat malaman:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
Top Stories
