CryptoPunks NFT Review ./ Part 01.
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Assalamualaikum. Hope everyone is well. I am very well by the grace of God. Today I am back with a new post. Today I am going to discuss a new NFT among you.
Today I am going to discuss among you a very well-known NFT in the NFT world. Many may be familiar with the name NFT. The NFT that I will discuss with you today is CryptoPunks.
What is CryptoPunks?
CryptoPunks 2017 comes to the market place. The Ethereum Blockchain is controlled by those. It is the first NFT issued on the Ethereum blockchain network. There are more than 10,000 items of NFT. This NFT is basically created by computer program. One of the most popular computer programs is Python. There is a lot of history behind why CryptoPunks nf is so popular.
We may have heard the name of the company Larva Labs. It is a New York City based mobile software company. This company develops apps for iOS and Android devices. This company CryptoPunks NFT created NFT and released it to the marketplace in 2017. Very quickly gained popularity among people.
The CryptoPunks Market Scenario.
CryptoPunks NFT is gaining popularity as the days go by. I think this NFT will gain a lot of popularity in the future as well. Anyone who sees this NFT will like it because it is a normal NFT. There is nothing to be upset about with this NFT.
CryptoPunks NFTs have a lot of history. When they brought this NFT to the market place they did not gain instant popularity like other NFTs. CryptoPunks gave NFTs to customers for free when they hit the marketplace. If users had an Ethereum wallet, they could buy CryptoPunks NFTs with some gas fees. In that part of 2017, the fees of various wallets were very low.
You may all know how the Watkinson project succeeded. Watkinson's project was successful only a few months after CryptoPunks launched the new marketplace. Watkinson had several CryptoPunks NFTs in stock.
Then Mashable happened. 100 CryptoPunks claimed during that incident. It had reached 8,600 soon after this incident came to light. Which was beyond imagination. Watkinson then decided to sell 1000 punks from his personal collection. He started with $1 and later it gradually reached $100. After a few days, the price of a punk reaches 10 ETH. CryptoPunks NFT has gained so much popularity after many stories and hardships.
CryptoPunks NFT has several features. For example, different types of clothing, haircuts and accessories and NFTs are divided into two genders.
I ended here today. InshAllah I will discuss with you guys in the next post What does cryptopunk look like?
Everyone stay well stay healthy and take care of yourselves. God is Hafez.
I am Md. Ebrahim Islam Nahid. Everyone calls me Nahid. I am Bangladeshi. I am an Electrical Engineer. I love reading books, writing and creating new things. I try to express myself and evaluate the opinions of others.
https://twitter.com/ebrahim20213/status/1772583867313963486?t=t9EUqjOlKWvVRHZStwIliw&s=19
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Beautiful description. Thank you very much.I could not found such a description in the past.
Very nice review of your ren. I got a lot of experience and ideas and learned a lot. Very nicely between us To present you about NFT. thank you
CryptoPunks gave an excellent review on nft. I read your post and got to know that it launched in 2017. Nicely discussed about its market scenaro. Hope to know more in Part-2.