Here is the collection that has taken the NFT world by storm: CryptoPunks.
CryptoPunks was released as a fixed set of 10,000 items in mid-2017 and was one of the inspirations for the ERC-721 standard. They have appeared in places like The New York Times, Christie’s of London, Art|Basel Miami and The PBS NewsHour.
CryptoPunks is the first sight of the NFT world and is the ancestor of NFTs. So what is the story of the CryptoPunks collection?
We are in an era where assets, the production and storage of which are based on NFT technology, are gaining popularity day by day. An important collection that has earned this popularity, the CryptoPunks collection is known as the first NFT collection to be etched on the Ethereum blockchain. In addition to playing an important role in the development of the ERC-721 protocol, which is the basis of NFTs, it has also inspired many NFT artists. This collection, which includes 10,000 different pixel faces, is one of the first NFT projects.
What is CryptoPunks?
CryptoPunks is one of the oldest NFT collections developed on the Ethereum blockchain. This makes CryptoPunks one of the pioneers of the NFT world.
Who is the creator behind CryptoPunks?
Larva labs, known for producing the CryptoPunks NFT collection; Founded by Matt Hall and John Watkinson, the creative duo who started the project in 2017 is the “crypto art” we know today. We can say that the movement started and transferred it to wider audiences.
How is the CryptoPunks market?
CryptoPunks avatars are developed with the ERC-20 protocol. However, they need to be “wrapped” in order for them to be sold on NFT Marketplaces. This is done with the help of the Metamask digital wallet.
The proliferation of the Wrapped transaction has allowed CryptoPunks avatars to take their place in many different NFT markets.
We can say that there are 10,000 avatars in total and that these avatars have a rarity among themselves. For example, there are 44 bruised avatars. If we go from general to specific, bruised male avatars are rarer than normal male avatars.
How to buy CryptoPunks avatars?
- Download and install the corresponding Chrome browser extension called MetaMask.In this way, you will allow websites to spend (already available) Ethereum sites.
- If you have opened a new account, buy some Ether. The MetaMask plugin has a button that will allow you to buy Ether from Coinbase.
- After installing the plugin, the website will recognize it and buttons will be added that allow you to bid, buy and sell CryptoPunks avatars directly in the interface. For example, you can buy CryptoPunk#7851 for 05 ETH(110,612.25 USD).
Questions answered by the blog:
- What is the story of CryptoPunks?
- What is CryptoPunk?
- Who is the creator behind CryptoPunk?
- How is the CryptoPunks market?
- How to buy CryptoPunks avatars?
- How many avatars are in the CryptoPunks collection?