Let me tell you something that you may not believe. On June 10, 2021, the #7523 cypherpunk image was sold for $11.75 million. You may think it is outrageous. Isn’t it just an electronic image? How is it possible? But he is real. Speaking of this, I have to talk about NFT.
#7523
In March last year, the sale of Beeple's Boring Ape series made the sale and collection of NFT art popular. Now the Boring Ape series has become an existence that the general public cannot afford and cannot buy, unless you are extremely rich. But you can only buy it through the second-hand market.
Many people think that this is the first NFT project. After all, Boring Ape is the number one project on Opensea, the largest platform for NFT transactions. But in fact, this is not the earliest NFT. The earliest NFT appeared in 2014. It was made by Kevin McCoy and it was called Quantum. Of course, this is not the same as the NFT project we are familiar with. Now I want to introduce you to the first A well-known type of NFT, the first project of NFT - Cyptopunks.
Cyptopunks, also known as "encrypted punks", is a project generated by John WATKINSON and MATT hall on the Ethereum blockchain in 2017. The project has a total of 1,000 unique pixel-style characters.
Each character is an artistic image of size 24x24 pixels, which is algorithmically generated . The images are mostly punk-style boys and girls, but there are also some rarer images , such as apes, zombies, and aliens. Each picture has corresponding information, and will show their attributes , whether they can be purchased, their status and resale status.
For all NFT players, the NFT image is not just a simple image, it is a symbol of publicity, a symbol of showing one's own worth, a collectible, and a business opportunity (here to remind everyone who sees People with business opportunities: NTF purchases are risky, touzi needs to be cautious)
As the first NFT project, cypherpunk naturally has cross-age significance. From the beginning, some avatars were distributed for free . On June 9, 2017, as soon as Larva Studio tweeted, hundreds of images were taken away within five days. On the 19th of the same month, an article titled "This Ethereum-based project may change our understanding of digital art" Cognition" made the cypherpunk sold out within 24 hours.
In the same year, there was also Cyptokitties (encrypted cat), but his popularity was far less than that of Cryptopunk.
In 2021, after four years, cypherpunk will make a comeback and become a popular item in Opensea, and it is hard to find even now.