Today, as the investments and demands of NFT projects have increased, especially the ones that have continued to maintain their stability and grown since their launch, it’s certainly an asset to own unique NFT characters.
While many projects have slowly drowned in the competition due to improper management or inability to meet community expectations, CryptoPunk has been one of the early NFT projects that remained steady with its quality and demand. The recent sale of CryptoPunk’s “Ape” characters is enough to prove this statement.
So recently, on Sep 29, 2:40 AM, the CryptoPunks sales and significant bids page “CryptoPunks Bot” announced the sale of the Punk 2924. This Punk was bought by 0x9045de from 0x1da533 for 3,300 ETH, which calculates a whopping amount of $4,451,633.94.
Punk 2924 Characteristics:
- The Punk 2924 was one of the 24 ‘Ape’ punks introduced by CryptoPunk.
- The Punk 2924 shares one attribute with 333 other CryptoPunk characters
- This Crypto Punk Ape also has a Hoodie, which is again similar to 259 other punks ‘NFTs’ introduced by the CryptoPunk project.
Crypto Punks – Project Overview:
On the Ethereum blockchain, CryptoPunks is a collection of non-fungible tokens (NFTs). The Larva Labs studio, made up of Canadian software developers Matt Hall and John Watkinson, started the project in June 2017. This experimental project, Crypto Punk, was inspired by the London punk scenes, the cyberpunk movement, and the electronic music artists Daft Punk. The crypto art blockchain project gave rise to the ERC-721 standard for NFTs and the modern crypto art movement, which are now part of the cryptocurrency and decentralized finance ecosystems on multiple blockchains.
CryptoPunks are often given credit for starting the NFT craze of 2021, along with CryptoKitties, Bored Ape Yacht Club, and the sale of Beeple’s Everyday: The First 5000 Days, which were all early projects. Both the V1 and V2 contracts have 10,000 CryptoPunk tokens.
Because they are rare and hard to get, they sell for more money on the open market and have been sold through Christie’s and other auction houses.
Still haven’t caught up with the CryptoPunk’s collection? Well, better late than sorry! So if you’re an avid NFT investor, don’t miss out on the other cool punks they have in their NFT collection.