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

Traders Predict Early Release of OpenAI's GPT-6 Model

chest

Prediction market traders are optimistic about the early release of OpenAI's GPT-6 model, estimating a 59% chance of launch by September 15.

user avatarTando Nkube

Visa Seeks New Crypto Stablecoin Partner for Global Settlements

chest

Visa is seeking a new crypto stablecoin partner to enhance its global settlement capabilities after the acquisition of its previous partner, BVNK, by Mastercard.

user avatarKofi Adjeman

AMD's Gaming Division Struggles Amid AI Market Concerns

chest

AMD's gaming division faces challenges with a 31% revenue dip, raising concerns about its ability to protect stock value amid potential AI market fluctuations.

user avatarSatoshi Nakamura

Michael Burry Warns of Potential AI Bubble Burst

chest

Michael Burry warns of a potential AI bubble burst that could lead to significant losses in tech stocks, particularly for companies like AMD.

user avatarNguyen Van Long

Nike Stock Hits 12-Year Low Amid Rebound Speculation

chest

Nike's stock closed at a 12-year low of $39.09, raising concerns about its future performance and potential for a rebound.

user avatarJesper Sørensen

Payward Joins Project Glasswing to Boost Cybersecurity Efforts

chest

Payward, the parent company of Kraken, has joined Anthropics Project Glasswing to enhance cybersecurity by utilizing Claude Mythos 5 for identifying security vulnerabilities.

user avatarRajesh Kumar

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.