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 Cache 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, caches will be stored in your inventory and can be opened with Keys.

Other news

Arbitrum Launches ArbOS 61 Elara Upgrade

chest

Arbitrum has activated its ArbOS 61 Elara upgrade, introducing new tools for Orbit chains and expanding contract size limits.

user avatarEmily Carter

Offchain Labs Plans to Enhance Arbitrum's Withdrawal Times with ZK Proofs

chest

Offchain Labs is working on integrating zero-knowledge proofs into Arbitrum's BoLD settlement protocol to significantly reduce withdrawal times.

user avatarFilippo Romano

Solana Validators Prepare for Governance Vote on Economic Proposals

chest

Solana validators are preparing for a governance vote on a package aimed at reducing SOL issuance pressure through fee burning and inflation reduction, with the vote scheduled for August 23.

user avatarTomas Novak

Federal Judge Rules Justin Sun's Case Against World Liberty Financial to Remain in Open Court

chest

A federal judge in San Francisco ruled that Justin Sun's legal battle with World Liberty Financial over $45 million in frozen tokens will remain in open court, rejecting the company's bid for arbitration.

user avatarKaterina Papadopoulou

New Report Published Utilizing Primary Source Documentation.

chest

The report is based on information released in disclosures at primary source documentation, ensuring that the information provided is accurate and reliable.

user avatarMaya Lundqvist

US Spot Bitcoin ETFs Experience Record Inflows

chest

US spot Bitcoin ETFs saw a significant inflow of $60.6 billion on Thursday, marking their largest single-day gain since May 1.

user avatarLeo van der Veen

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.