CryptoPunk owners have a 48-hour window to acquire physical renditions of their NFTs

CryptoPunk owners have a 48-hour window to acquire physical renditions of their NFTs

user avatar

by Max Nevskyi

3 years ago


Owners of CryptoPunk non-fungible tokens (NFTs) have the opportunity to secure physical replicas of their digital artwork, as revealed in a statement on October 26. This initiative comes from a collaboration between the digital art platform Avante Art and Yuga Labs, the entity behind the CryptoPunks brand. This limited-time sale runs for 48 hours, commencing on October 26 at 3:00 p.m. UTC and concluding on October 28 at the same time.

Avante Art is presenting two unique versions of the CryptoPunks physical collection. The initial version, termed “Punk-On-Chain,” allows digital punk holders to request a corresponding print. But to do so, they must validate their ownership, ensuring only genuine on-chain owners can acquire these prints.

The subsequent series, “10,000 On-Chain,” showcases prints of the entire 10,000 CryptoPunks and is accessible to all enthusiasts. Thus, even non-owners of the original on-chain punks can procure these prints.

Each version of the printed punks has distinct attributes. The 10,000 On-Chain variants are crafted as Archival pigment prints and sport a silkscreen varnish finish, while the Punk-On-Chain ones are UV pigment prints with white undertones. A hallmark of authenticity for both is the Yuga Labs holographic emblem.

Furthermore, the Punk-On-Chain prints bear a QR code at the back, linking to a blockchain-verified Certificate of Authenticity (CoA). Conversely, the 10,000 On-Chain prints come paired with a tangible CoA that has a QR code linking to its online counterpart, but this code isn't directly printed on the artwork.

CryptoPunks, developed by Larva Labs in June 2017, were among the first algorithmic art on the blockchain, initially free for Ethereum users. Currently, a CryptoPunk starts at about $78,000, with the collection valued at over $782 million. In March 2022, Larva Labs sold the copyrights to Yuga Labs.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

XRP's Technical Indicators Point to Potential Bullish Momentum

XRP's technical indicators suggest a possible bullish crossover, despite a bearish death cross setup.

user avatarMaya Lundqvist

Crypto Market Sees Recovery as Bitcoin Surges Above 80,000

Crypto traders are feeling more optimistic today as Bitcoin has climbed back above 80,000 after a tough period marked by a Federal Reserve rate hike and a Senate vote against the Clarity Act.

user avatarLeo van der Veen

US Treasury Targets BitBank in Sanctions Evasion Crackdown

The US Treasury has sanctioned BitBank, an Iranian exchange involved in facilitating Bitcoin payments for shipping companies in the Strait of Hormuz.

user avatarLi Weicheng

Solana Reclaims 105 Price Level After Market Dip

Solana's price recently fell to 96 after a marketwide dip but has since rallied to reclaim the 105 mark, experiencing a 56% increase in the last 24 hours.

user avatarAisha Farooq

MEXC Launches 'Trading Takes Two' Campaign to Showcase AI Capabilities

MEXC is launching a month-long campaign titled 'Trading Takes Two' to showcase how MEXC AI supports users in their trading journey.

user avatarTenzin Dorje

HTX Research Highlights Risks in Stock-Linked Memecoins

HTX Research's report highlights the risks of stock-linked memecoins, focusing on misleading high APY figures and the importance of understanding market conditions.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.