CryptoPunks
CryptoPunks is a series of 10,000 unique collectible characters created by Larva Labs on the Ethereum blockchain. Launched in 2017, each CryptoPunk is an algorithmically generated 24x24 pixel art image featuring various attributes such as hairstyles, accessories, and facial features. These attributes determine the rarity and uniqueness of each character within the collection.
CryptoPunks are considered one of the earliest examples of non-fungible tokens (NFTs) and have gained significant popularity in the crypto art and collectibles space. Owners of CryptoPunks have full ownership and control over their digital assets, which can be bought, sold, or traded on various NFT marketplaces.
The uniqueness and scarcity of CryptoPunks have led to a thriving secondary market where these digital collectibles are exchanged for significant sums of money. Some rare CryptoPunks have been sold for millions of dollars, attracting attention from both collectors and investors in the cryptocurrency community.
In summary, CryptoPunks are digital collectible characters stored on the Ethereum blockchain, representing a pioneering example of NFTs in the crypto world. They have become a symbol of the intersection between art, technology, and blockchain innovation.