Why Are The Chinese Wealthy Infatuated With CryptoPunks?
It has been over 4 years since the non-fungible tokens (NFTs) collection known as CryptoPunks were launched, but they are still hot in the market. Per a Wu Blockchain report, Chinese internet investors are jumping into the NFTs craze. The founder of Meitu, a Chinese technology company, Cai Wensheng, and another investor named Feng Bo […]
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The creators deployed the original CryptoPunks smart contract five years ago today. It’s a historic day for sure. Those pioneering NFT projects created a Billion-dollar industry. So, why is the crypto media so silent about the CryptoPunks NFT collection’s fifth anniversary? Because we’re talking about the legendary CryptoPunks V1. The creators, Larva Lab, celebrate the […]
OpenSea, the world’s largest NFT marketplace, has delisted CryptoPunks V1 due to a legal dispute with Larva Labs. The 10K collectibles, which are breathtakingly similar to the renowned CryptoPunks NFTs, are derived from the same smart contract as Larva Labs’ collection. While more collectors were flocking to V1 CryptoPunks, the project was blacklisted by Larva […]
NFTs are here to stay. CryptoArt is hotter than ever. CryptoPunks keep breaking records. As Christie’s auction approaches, the demand for the original NFTs rises. Today, an anonymous and recently created account placed bids worth 3,034 ETH for 16 CryptoPunks. At the current price, that’s $6,309,476.33. This fact makes the story even more interesting: so far, none of the bids have been accepted. Widely regarded as the original NFTs, the CryptoPunks contract was created on […]
Despite the sharp contraction in the non-fungible token (NFT) market, CryptoPunks, Otherdeed, and Meebits owners are holding on to their assets. Data shared on August 23 shows that over 75% of major collections have not been traded, with an astounding 91% of all CryptoPunks not changing hands over the past eight months. Meanwhile, 89% and […]
Are the CryptoPunks V1 the original CryptoPunks? Technically, yes. According to LarvaLabs, the company behind the collection, the V1s “are not official Cryptopunks,” though. How will the market react now that they’re making a resurgence? This might be the first, but it’s not the last time you’ll hear about the CryptoPunks V1. Let’s explore their history and the controversy around them. Related Reading | Snoop Dogg Joins The Bored Ape Yacht Club And The Sandbox. Read All About It What Are The CryptoPunks V1? Back in 2017, prehistory for the NFT market, LarvaLabs distributed 10.000....