2024-04-27
On Apr
25, 2024, rarity Crypto Punk #635, one of the nine Alien CryptoPunks, was sold for 4,000 ETH worth $12.405 million.
The transaction sent from alien.fountaindigital.eth
to 239DC2.
CryptoPunks are a pioneering
non-fungible token (NFT) collection on the Ethereum blockchain, launched in
June 2017 by Larva Labs, a studio founded by Canadian software developers Matt
Hall and John Watkinson.
The collection consists of 10,000
unique 24x24 pixel art images of characters with varying attributes, including
humans, zombies, apes, and aliens.
Each CryptoPunk is algorithmically
generated, ensuring no two are exactly alike, and some traits are rarer than
others.
Originally, they were available for
free, with new owners only needing to pay the "gas fees" for Ethereum
transactions.
The rarity and unique characteristics
of each CryptoPunk have contributed to their value and popularity in the NFT
marketplace.
CryptoPunks have played a significant
role in the NFT craze of 2021 and are often credited with inspiring the ERC-721
standard, which is fundamental to the modern crypto art movement.
In 2022, Yuga Labs, the creators of the
Bored Ape Yacht Club, acquired the CryptoPunks IP, granting full commercial
rights to CryptoPunk owners.