CryptoPunks NFT Overview
Project Information
A collection of 10,000 uniquely generated, pixelated images, CryptoPunks is widely recognized as one of the first and most notable NFT projects created to date.
Free to claim on release in 2017, the CryptoPunks collection now maintains a floor price above $100,000 with sales of the most rare “Punks” comfortably breaching $1,000,000.
The collection is largely made up of profile images of human males and females, however the most rare CryptoPunks aren’t human - but instead, Apes, Aliens, and Zombies.
The collection breakdown by “type” is as follows:
- Male (6039)
- Female (3840)
- Zombie (88)
- Ape (24)
- Alien (9)
Beyond “type,” the CryptoPunks collection also introduced a variety of “attributes.”
The list in detail can be found here, and ranges from virtual reality headsets to crazy hair and eye patches. The rarest of the group “Beanie” can only found on six of the 10,000 Punks, while other attributes like “earring” (2459) and “nerd glasses” (572) can be found on a much larger group of Punks.
CryptoPunks were the inspiration for the now ubiquitous ERC-721 standard.
In mid-August 2021, Visa announced the purchasing of a CryptoPunk as a part of their investment in the unfolding of Web 3.0 and NFTs integral role in building it. CryptoPunks also bridged the gap into the physical world when the United Talent Agency (UTA) signed a representation agreement with LarvaLabs and all of their IP (including Autoglyphs and Meebits) to be potentially featured in shows, movies, and more.
In January 2022, CryptoPunks started working on an open-source marketplace to address issues with the current marketplace's UI. The new website is still in progress.
On Feb. 12, 2022, CryptoPunks broke its highest sale record when CryptoPunk #5822 sold for 8,000 ETH, or $23.7 million.
On Mar. 11, 2022, Yuga Labs (creators of Bored Ape Yacht Club) acquired CryptoPunks and Meebits, granting full commercial rights to holders of both projects.
