What are CryptoPunks?
CryptoPunks is an NFT collection issued on the Ethereum blockchain. It was first introduced by the Larva Labs studio in 2017. Later, the collection was acquired by Yuga Labs in 2022, the company behind Bored Ape Yacht Club. Larva Labs was one of the pioneers to use the ERC-721 standard to issue NFTs.

There is a total of 10,000 unique characters of CryptoPunks that are 24x24 pixel images. In the collection, no two images are generated with the same appearance. They were issued and stored on the Ethereum network. First, the collection was free to claim then the CryptoPunks were traded on blockchain-based marketplaces.
Each CryptoPunk has different attributes, originally generated by an algorithm designed by the Larva Labs team. Therefore, having one CryptoPunk in the blockchain wallet can grant its owner the unique feeling of a collector.

CryptoPunks represent a groundbreaking moment in the NFT space, showcasing the potential of digital ownership and scarcity. Their unique attributes and historical significance make them a valuable asset for collectors and investors alike.