CryptoPunks: early NFTs at Christie's
CryptoPunks: early NFTs at Christie's
On May 13, the world-renowned auction house Christie's will put up 9 CryptoPunks collectible tokens in NFT format for sale. The estimated total sale price is $ 7-9 million, but it may well turn out to be much higher, because in March only one of these tokens was sold for $ 7.5 million. CryptoPunks is a prime example of the current boom in the NFT market. This project was launched in 2017 by two Americans - then they created 10,000 images of people with a size of 24x24 pixels. At first, the founders of the project distributed these NFTs for free to members of the crypto community, six months ago they cost several thousand dollars, and today they are already being sold for millions. This hype is due to the fact that CryptoPunks are limited edition and were one of the first NFTs on the crypto market. We will tell the story of the creation and popularity of CryptoPunks, as well as consider their impact on the NFT market.