NFT crushing trend
Posted: 11 May 2021, 18:29
Recently, crypto market players gained access to 50 "cryptopunks", which have been combined into the Unicly CryptoPunks (uPUNK) collection. At the same time, the entire collection was divided into 250 million uPUNK tokens. On the day the article was published, the price of one token was $ 0.053, and the capitalization of the entire project was $ 13.34 million.
Every uPUNK buyer can place a bet on any "crypto-bank" in the collection. If half of the holders of uPUNK tokens vote to unlock the entire collection, then the "cryptopanks" will go to those users who offered the highest price for them.
It's worth noting that CryptoPunks themselves are some of the earliest and most expensive NFTs on the market. Some are worth millions, a few are traded at $ 7.5 million, and the average character price is $ 44,600.
Every uPUNK buyer can place a bet on any "crypto-bank" in the collection. If half of the holders of uPUNK tokens vote to unlock the entire collection, then the "cryptopanks" will go to those users who offered the highest price for them.
It's worth noting that CryptoPunks themselves are some of the earliest and most expensive NFTs on the market. Some are worth millions, a few are traded at $ 7.5 million, and the average character price is $ 44,600.