This transaction denotes the bid acceptance & subsequent sale of CryptoPunk 7610 from "gmoney.eth" to global payment processor VISA for the sum of 49.5 ETH (roughly $150,000 at time of writing) on August 18th 2021.
“We think NFTs will play an important role in the future of retail, social media, entertainment, and commerce,” Cuy Sheffield, head of crypto at Visa
“To help our clients and partners participate, we need a firsthand understanding of the infrastructure requirements for a global brand to purchase, store, and leverage an NFT.”
Sheffield said CryptoPunks have become a “cultural icon for the crypto community.”
“With our CryptoPunk purchase, we’re jumping in feet first,” he said. ...