CryptoPhunks NFT Collection

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Ascalamualikum

Hope everyone is well. I am also much better with your blessings and good home. I have already tried to inform you a lot about NFT Marketplace in my previous posts. In this way, I will tell you a lot of information about the nft world through my posts.

Today I will mainly talk about CryptoPhunks NFT Collection. I will try to tell you about what CryptoPhunks is and a lot of information about it. So let's go to the main discussion.

CryptoPhunks Collection :CryptoPhunks, also known as Phunks, is a collection of non-fungible tokens on the Ethereum blockchain, launched in June 2021 by anonymous developers. The project involved flipping 10,000 CryptoPunks images.

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After encountering copyright infringement issues and being banned from the OpenSea platform, the Phunk community created their own marketplace, NotLarvaLabs, and open sourced the code. The project is managed by a decentralized community of artists and creators, without a designated developer, leader or roadmap.

Now I will try to tell you about some history of CryptoPhunks:In July 2021, the developers and founding members of the team abandoned the project without transferring smart contracts, social media accounts, or 496 CryptoPhunks NFTs to the dev wallet.

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A developer known as ZAGABOND, associated with the original creator of Cryptopunks, Azuki, identified himself in May 2022 and transferred ownership of the smart contract, 496 CryptoPhunks and $1.44M in royalties to the Phunks community. This revelation was the result of extensive research by Phunks community members Kyosko, Jpeg Papi, Hwander and Pauli.

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That's all for today's discussion. Hope you can learn a lot of unknown information about CryptoPhunks NFT from this post of mine. Be well everyone. And pray for me more so that I can tell you a lot about the NFT world.

Thank you