CryptoPunks NFT Review ./ Part 02.
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Assalamu Alaikum. Hope everyone is well. I am very well by the grace of Allah. Today I am back with a new post. Today I am going to discuss a very familiar NFT among you.
The NFT that I am going to discuss with you today is a very popular one. We all know CryptoPunks NFT. In the world of NFT there is probably no person who does not know CryptoPunks NFT.
A few days ago I published Part One on CryptoPunks NFT. Today I'm going to reveal part two to you. I hope you will enjoy it a lot. So let's start.
Why is cryptopunk the top of all time?
If we research about nft we will see that CryptoPunks are after ape nft. The specialty of CryptoPunks NFT is that it is not an art. It is developed in Python program Dara. So I think CryptoPunks is among the top NFT projects of all time.
CryptoPunks NFT February 2022, developed by Larva Labs. Many people may know the company Larva Labs. Because this company has contributed a lot to the web three point zero world. When CryptoPunks introduced the new market, users were given a lot of NFTs for free. Then he gained popularity with great difficulty. They have a lot of history behind gaining popularity. Later, maybe this history can be discussed in a post.
Watkinson sold off his stock of V1 Punks within days of its popularity. But it could not sell due to many obstacles. Couldn't sell until the new wrapper of their contract was released. Then the problem is solved and sold. Shortly after the sale, some companies tried to blacklist Larva Labs.
How Yuga Labs bought CryptoPunks?
Larva Labs creates CryptoPunks NFTs. The CryptoPunks NFT was bought by Yuga Labs from Larva Labs. Bought in March 2022. Two companies participated when Yuga Labs sought to purchase NF.
CryptoPunks and Meebits are two companies that have auctioned their NFTs. Then Yuga Labs decided to buy the two companies. And they aim to build a community of builders in the process. Yuga Company stated that it will transfer IP, commercial and exclusive licensing rights to individual NFT holders. By doing this, customers can enjoy many opportunities.
Home of CryptoPunks ।
Yuga Labs company buys CryptoPunk NFT from Larva Labs company. On February 6th Yuga Labs announced their new CryptoPunk NFT program. Then they gave the title Punk in Residence.
They inaugurated it with much fanfare. Many artists came on the opening day and along with that many investors came. Nina Chanel Abney was the artist in the program. Many people will know this artist because he is a world famous artist.
Many big American artists were also present in this event. It was not only the big artists, but also the big NFT companies. Among which the American Eighth Hotney Museum and the Museum of Modern Art in New York were all present. It has been a very important event as well as marketing.
I ended here like today. See you in the next post. Everyone stay well, stay healthy and take care of yourselves.
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.
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Nice review, your crypto punk review is nice and thanks for breaking down reasons behind the popularity of this nft seeing as it was created by Larva Labs a company that has made great contribution to web three point zero. You have shared a wonderful review, till next time.