CryptoPunks, NFT collection

Within the collection, there are exactly 10,000 different Punks: 6,039 men and 3,840 women. Although there are other varieties including zombies, apes, and aliens, most punks are humans. Punks are distinguished from one another by their distinctive characteristics, which transcend their racial distinctions.

CryptoPunks were initially distributed without charge by their authors. Anybody might become a Punk by only paying the required Ethereum gas price. The cost of punks has since increased dramatically, though. The least costly Punk currently on the market is listed for over $200,000, while the most expensive Punk to date to sell on-chain sold for approximately $24 million.

Additionally, celebrities have begun to collect CryptoPunks. Punks is owned by hip-hop legends Snoop Dogg, Jay-Z, Jason Derulo, Marshmello, and others.

Excellent article on the emerging #NFT market by art market expert Ewa Hess @askewa in the Sunday edition of Swiss newspaper @tagesanzeiger. Grateful and honoured for the mention alongside established platforms such as @SuperRare and @opensea.

https://twitter.com/thecryptopunks

2023

A CryptoPunks NFT sold for 600 Ethereum (ETH), or $1.14 million, making it the second-biggest NFT transaction in the last week and the biggest single NFT sale during the beginning of November.

The transaction involving CryptoPunk #7458 took place at Larva Labs on November 6. It’s interesting to note that it’s just the receiver’s address second transaction and the account was created not long time ago. Two hours before purchasing the NFT, the address had received 360 ETH from a Coinbase address. According to NFT data aggregator portal CryptoSlam, the most recent transfer is the biggest NFT transaction in the last week. Only a Cryptoadz collectible, which sold for 1,055 WETH and was valued $1.655 million at the time of the sale, was larger than this month’s deal.

Here you can watch a video that explains CryptoPunks:

2022

Starting 2022, CryptoPunks continued to dominate the NFT market. The project has so far amassed total sales of more than $2 billion. Even when the cryptocurrency market began to slow down, the collection’s monthly volume remained above $100 million. When #5822 sold for approximately $24 million on February 12, the record for the most expensive on-chain transaction was once again shattered. A sizable collection of CryptoPunks valued at $30 million was set to be auctioned off by Sotheby’s on February 23. However, the collection’s unknown owner abruptly canceled, adding, “Nvm, chose to hodl.”

Although the project stands out because of its costs, CryptoPunks will keep spreading awareness of NFTs and blockchain-based ownership in 2022.

Latest news about CryptoPunks

• Yuga Labs and London-based design firm Zak Group will publish a CryptoPunks book, serving as the official documentation of the pioneer NFT collection. Launched in 2017, CryptoPunks has partnered with Tiffany & Co for limited-edition pendants. The book will share untold stories and experiences with the CryptoPunks community, detailing all 10,000 pieces and including contributions from web3, digital art, design, and tech. It will also feature content from the Punks community Discord and Twitter. Pre-sales will begin in fall 2023, with the finished book set to release this winter.
• Electronic DJs Steve Aoki and 3LAU have formed a web3-themed music group, PUNX, inspired by CryptoPunks NFTs. The duo uses PFPs as their alter ego images and have changed their Twitter avatars to the Punks. Despite the importance of NFTs in PUNX, they are not planning to release their non-fungible tokens in the near future. PUNX has collaborated with metaverse and web3 projects before, including releasing music tracks for Lamborghini Aventador Coupé NFTs, Halloween fashion capsules, and NFT-related releases.

Latest Social posts of CryptoPunks