Crypto Punks are 24*24 pixel art images or avatars that are generated algorithmically. Furthermore, they come in the form of NFT as they are NFT project that is developed in the Ethereum blockchain. In addition to this, one of the best and the most popular example of Crypto punks is NFT. Apart from this, one of the attractive attributes of Crypto Punks is that everyone can view any one of the Cryptopunks. Apart from this, the collection of 10,000 crypto punks is definite as well as unalterable.
Popularity Of Crypto Punks
The popularity of Crypto punks has increased due to the lower transaction fees. Apart from this, NFTs and Cryptocurrencies have also helped in the enhancement of the popularity of Crypto Punks, as a large number of traders wanted NFT and Cryptocurrencies to be the method of trading collectibles as with code stored on the Ethereum blockchain, anyone can check the originality as well as ownership of each of the Crypto Punks.
Types of Crypto Punks
There are 5 types of Crypto Punks which include:
Feature Of Crypto Punks
Crypto punks can own zero as well as a large number of features at the same time. Moreover, attributes can be specific to a gender.
How Are Crypro Punks Valued?
The following factors stated the value of crypto punks:
- Demand And Supply.
- Type Of NFT.
- Value Estimators.
What Is NFT (Non Fungible Token)?
An NFT is the short form of a Non-Fungible Token. It comes in numerous forms such as drawings, music, game, and art. Furthermore, it is an easy-going process to participate in the procedure of selling and buying digital assets. Moreover, NFT is rare and cannot be exchanged for another of the same value. Additionally, NFT also comes in the form of computerized artwork, pieces of land, virtual environment, and sports cards. Furthermore, NFTs are carried out through smart contracts, which give ownership and transferability to the tokens (How Do You Earn in NFT Games and Which are Top NFT Games).
Popularity Of NFT
The supporters of NFT stated that they purchase authentic traceability, which leads to popular status or reputation. Moreover, day by day, NFTs are introducing new opportunities to all. Apart from this, NFTs can be anything, that is, an art piece, music piece, digital piece, trading card, etc. Furthermore, nowadays, even celebrities are promoting their digital art by inviting everyone to participate in it as well.
Types Of NFT
There are various types or kinds of NFT available, some of them are listed below:
- Domain Name
Total NFT sales equate to approximately $1.8 billion per month
Features Of NFT
Some of the features of NFT are listed below:
How To Create Your Own NFT Like Crypto Punks
Crypto Punks are very much valued by the individual or audiences. Furthermore, if an individual wants to create their own NFT like Crypto Punks, then they have to follow certain steps. The following are the steps that are to be followed in terms of creating their own NFT like Crypto Punks:
1. Select Your Art
The first step an individual has to do is to select artwork according to their like. As crypto punks use avatars and images, an individual has to keep in mind the type of art they want to use in their NFT.
2. Get Some Ether Handy
The second thing an individual has to do is to have some Ethers or ETH in hand. This step is necessary to do as it brings success to an individual’s project.
3. Select a Platform
The third step for an individual to do is to choose a platform that helps them in representing their NFTs.
4. Develop your NFT like Cryptopunks
In this step, an individual has to connect their wallet to the platform. After this, an individual would be able to mint their NFT and therefore, can save their selected artwork in it.
5. Trade Your Cryptopunks Tokens
The last step is to represent your artwork to the audience who will purchase your artwork and you will be credited for it. Hence, you can make money out of your artwork.
Celebrities Owning Crypto Punks
1. Snoop Dogg
Snoop Dogg is the owner of nine CryptoPunks.The cryptopunk was one of the first NFTs and is still one of the most valuable ones.
His wallet has about $17 million worth of his nine CryptoPunks and other Ethereum NFTs.
2. Logan Paul
Logan Paul has five CryptoPunks. To be exact, they are #2294, #6762, #5569, #7861, and #4484. The most expensive Punk, 2294, sold for 110 ETH ($163,003 USD) on February 25, 2021.
3. Heidi Klum
Heidi Klum spent $250,000 purchasing 80 ethereum for her double, Cryptopunk NFT. Heidi Klum bought CryptoPunk NFT and joined cryptocurrency trading. Klum bought Cryptopunk NFT #3653 for $250,000.
4. Serena Williams
At the 2021 Met Gala, Ohanian’s lapel pin with Serena Williams’ cryptopunk NFT caused a stir. Ohanian’s date liked his $280,000 Cryptopunk, which was based on the goat and made in the goat’s style.
5. Gary Vee
Gary Vaynerchuk, also known as Gary Vee, is a viral business and pop culture influencer. His interest has been influenced by the rise of cryptocurrencies. There are 62 cryptopunks that he owns.
Marshmello was able to hide the fact that he was interested in NFTs for a while. When he changed his Twitter PFP to Punk #8274, fans noticed how many different NFTs he had. Late in October 2021, Marshmello’s Punk #8274 was sold for 130 ETH, which is about $504,068.
What Does SDLC Corp Provide?
If you are planning to create or build your own NFT, or company, SDLC Corp is there to help you. We are a team of professional Blockchain developers who work together to not only provide crypto Token Developments but also assist you how to create NFT tokens. Apart from this, being an established development company in the Blockchain and Crypto Market, SDLC Corp would like to expand our services to merge Blockchain and Crypto Token Development. In addition to this, SDLC Corp is spreading out our nodes in terms of making information more accessible with the intention to create Crypto Token Development in a much better environment for our clients. Furthermore, with vast experience across Blockchains and Crypto token Development, SDLC Corp offers various crypto spaces too. If you are interested in Develop Your Own NFT Like Crypto Punks or any other query then contact our team you will get an instant response.
In the end, it is concluded that all the individuals who have minted with NFT get a helping hand which is referred to as crypto punks. Apart from this, Crypto Punks are well-known because of their one amazing and the most important feature which is their unalterable nature. In addition to this, crypto punks are very interesting which makes them more valuable in the sight of individuals or audiences. So, all an individual has to do is follow the steps stated above and create their own NFT just like crypto punks.