Cryptopunks are a collection of 10,000 unique, collectible characters created by the Larva Labs team in June 2017. These characters, called Cryptopunks, are built on the Ethereum blockchain and are completely owned by those who acquire them. Each Cryptopunk is a piece of autonomous crypto-collectible art created through smart contract technology.
Each Cryptopunk is unique and non-fungible — meaning that it cannot be replicated or exchanged between owners. As with other cryptocurrencies, the value of each Cryptopunk fluctuates according to the current market conditions in the Ethereum network. Some of these characters have been seen to change hands for several thousand US dollars.
What Makes Cryptopunks Special?
Cryptopunks are special because of their autonomous nature — once acquired, an owner cannot do anything to change that character. On top of this, Cryptopunks have no expiration date, meaning that they can be held and collected without worry about them “expiring”.
Cryptopunks are also popular among collectors due to the artistic qualities of the characters themselves. Each unit was generated using a random algorithm to produce an endless variety of character designs, pixel art, and other aesthetic qualities.
How Can You Get Cryptopunks?
The only way to acquire Cryptopunks is by purchasing them directly on the Ethereum blockchain. This can be done through an Ethereum wallet or an online marketplace. Once you have acquired a Cryptopunk, it is yours and can be used in transactions, held for value or transferred to another user.
Where Can I Find Out More About Cryptopunks?
If you’d like to learn more about Cryptopunks, you can visit the official website at http://www.larvalabs.com/cryptopunks or follow the official Twitter account @Crypto_Punk. If you have any other questions or queries, don’t hesitate to reach out to the Larva Labs team via their contact page.