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Ben Roy
@benroy
I wrote this essay back in 2021 And any of the mini clout I have in crypto la la land initially came from it going viral I still love Punks, and I think a good amount of the thinking here holds up Check it out 🤠https://benroy.beehiiv.com/p/fat-cryptopunks-thesis
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Kaprekar
@kaprekar.eth
Probably the biggest dud at least so far is the ‘fractions of a punk’ or other high value NFTs. I think if people actually wanted to own these fractions then punks would be doing well in the memecoins meta.
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Ben Roy
@benroy
Agree- don’t think that ever happens haha
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Kaprekar
@kaprekar.eth
Ultimately tho.. why not? Non-fungible tokens are tokens. Wrappers make them fungible. Does it really make sense that punks are valued less than ghost chain tokens over the long term? Or 5% of doge?
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Ben Roy
@benroy
Yeah it’s a good question I think it has more to do with identity ie. wanting a full unit But who knows anymore, it could maybe happen as a meme at some point
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