In 2021, NFT works are increasingly popular among crypto collectors and activists. One of the most sought-after NFTs is CryptoPunks. Some of the CryptoPunks circulating in the market are even included in the list of the 20 most expensive NFTs in the world and sold for billions of rupiah. What is CryptoPunks NFT? Who is behind it and why is this crypto NFT famous
CryptoPunks NFT is an art project pioneered and developed by Larva Labs. In the project, the developer of this software created 10,000 unique characters measuring 24×24 pixels. Each character is collectible with proof of ownership stored on the Ethereum blockchain.
Noah Davis, Post-War and Contemporary Art specialist at Christie's calls CryptoPunks NFT a pioneer of the modern CryptoArt movement. On May 11, nine CryptoPunks NFT worth 5,184 pixels were auctioned at Christie's 21st Century Evening Sale in New York.
The Unique Facts Behind CryptoPunks
Although this work is widely known by NFT collectors, there are still many unique facts behind CryptoPunks that many people don't know. Reporting from Christie's, here are 10 unique facts behind CryptoPunks NFT.
CryptoPunks Started from Experiment
Mat Hall and John Watkinson, founders of Larva Labs, initially wanted to develop an application or game for smartphones. Instead, they created a software program that generated thousands of different, odd-looking characters. Their inventions became the basis for the development of today's digital art market.This into their memory stick or hard drive.
CryptoPunks NFT Can Only Be Owned by One Person
Even though everyone can see it, official CryptoPunks can only be owned by one person. Its legal ownership is recorded in a contract code which is accessible via the Ethereum blockchain. Each character has its own page detailing the features and complete transaction history.
There Are Some CryptoPunks That Are Roughly Rated
Although each character is unique, Hall and Watkinson also design characters that are considered rarer and have non-human features. So far, there have been 88 Zombie Punks, 24 Ape Punks and 9 Alien Punks.
Inspire Various People
Hall and Watkinson are pleased that CryptoPunks can be enjoyed through flexible perception. Some collectors see it as a trading card version, while some art connoisseurs see it as a new and unique generative art form.