The NFT market has fallen off sharply because the 2021-22 bull run, however not less than one billionaire collector continues to be betting huge on the tokenized property.
In one of many largest personal NFT offers of the yr, businessman and collector Adam Weitsman lately acquired 229 Meebits NFTs in a single over-the-counter transaction, marking the biggest-known buy from the gathering—which was launched by CryptoPunks creator Larva Labs in 2021.
Weitsman continues to double down on digital artwork and tradition, at the same time as markets cool.
“I’ve all the time liked Meebits,” Weitsman instructed Decrypt in an interview. “They’re really the explanation I acquired into Web3 within the first place. This buy is my approach of exhibiting confidence within the group.”
He added that timing was a part of the message behind the deal.
“I attempt to make strikes when there’s negativity,” he stated. The Meebits buy was accomplished on what he described as “one of many reddest days of the market,” when crypto and NFT costs had been sliding throughout the board.
Weitsman additionally credited Meebits CEO Sergio “Sergito” Silva—whose Meebit Firm agency acquired the IP from Bored Ape Yacht Membership creator Yuga Labs earlier this yr—for his conviction.
“Sergito is without doubt one of the finest guys,” Weitsman stated. “I consider in him as an individual and as a good friend.”
The personal vendor was represented by Fountain Digital’s Charles Katz and Noah Davis, whereas MeebCo CEO Sergito represented Weitsman. The value stays undisclosed.
“We’re honored by Adam’s continued help of Meebits and love having him in the neighborhood,” Silva instructed Decrypt. “His strategy to accumulating NFTs is a refreshing reminder of what initially impressed a variety of us to enter the house: make buddies, construct neighborhood, and help builders we consider in.”
In contrast to many merchants within the NFT house, Weitsman isn’t motivated by flipping or revenue. He’s by no means offered an NFT in his life, and says he doesn’t consider in promoting and by no means will.
“I accumulate as a result of I like the artwork, the individuals, and the historical past being made,” he stated. “For me, that is about legacy, not liquidity.”
The haul contains a number of standout Meebits, together with #16803, one in all simply 57 Skeletons ever minted, #367, an Elephant carrying a Cranium Tee, and #7063, a Human that includes the ultra-rare Punk Tee.
Weitsman’s conviction within the Web3 house runs deep. A significant Yuga Labs supporter, he lately expanded his holdings with 5,000 Otherdeed land plots, together with Mega Kodas and Weapon Kodas, signaling robust perception in the way forward for the Bored Ape-themed Otherside metaverse recreation. He acquired the property straight from Yuga.
“I’ve additionally dedicated to creating a collection of acquisitions on the open market this yr,” he posted on X following the Otherside property buy. “There’s a lot driving on this mission for the entire house, and I’ll do my finest to assist make it a hit for everybody.”
Right now is a special occasion for me.
I’m making a long-term funding in Otherside and buying over 5,000 Otherdeeds, Mega Kodas and Weapon Kodas direct from @yugalabs to proceed constructing my assortment. I’ve additionally dedicated to creating a collection of acquisitions on the open market… pic.twitter.com/I9HeQwNx5k
— Adam Weitsman (@AdamWeitsman) August 4, 2025
He additionally made waves earlier this yr after taking management of the CryptoDickbutts IP, alongside PenisDAO, in a deal brokered by Eli Scheinman, recognized for structuring high-profile NFT acquisitions. He additionally acquired the HV-MTL NFT mission from Faraway Video games, which had beforehand taken it over from unique creator Yuga Labs.
The NFT market increase of some years again has pale, with fewer eye-popping gross sales and dramatically much less buying and selling quantity total. However collectors nonetheless purchase, promote, and make the most of their property, constructing neighborhood and merchandise round art work and avatars alike, no matter hype.
“I feel the people who find themselves nonetheless right here—the artists, the collectors, the founders—are those conserving the house alive,” Weitsman stated. “This ecosystem was constructed on creativity and neighborhood. That’s what I need to shield.”
If you let your good buddy borrow your pad in NYC for just a few days and return after he departed to search out this wonderful reward left on the desk that he made for me whereas staying. Will cherish this without end🙏 The Folks I’ve met is why I fell in love with Web3 within the first place ❤️… pic.twitter.com/E2r0fYlL5b
— Adam Weitsman (@AdamWeitsman) November 14, 2025
Launched in 2021 by Larva Labs, the creators of CryptoPunks and Autoglyphs, Meebits served up 20,000 distinctive, tokenized 3D voxel characters that had been ready-made for the metaverse. Now beneath the path of MeebCo, the gathering is being reimagined by way of storytelling, artwork, and physical-world collaborations.
Regardless of a troublesome market, Weitsman stays one of many few high-profile collectors actively shopping for, and his strategy is rooted in conviction quite than hype.
“All of the individuals I’ve met within the house are very optimistic,” he stated, “and I need to maintain including to that.”
