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- 1 CryptoPunks is one of the most popular NFT collections with depictions of artists and cultural movements.
- 2 Soon after its launch, the tokens grabbed the attention of crypto users as well as popular celebrities.
The magic of NFTs has mesmerized many. It has become a precious possession and begun a revolution in the crypt sphere. At the forefront of this marathon, one can some prominent tokens that have gained traction for many reasons. CryptoPunks is a collection of unique characters inspired by electronic music artists, punk senses, and the cyberpunk movement.
Canadian software developers Matt Hall and John Watkinson created these tokens in June 2017. Using the ERC-721 standard, they made more than 10,000 unique characters. Initially, the tokens were available “free of cost”, but as they got popular, their intrinsic value rose. Today, CryptoPunks is the first choice of many famed celebrities.
Celebs That Own CryptoPunks
Here are some iconic personalities who have supported and subscribed to this crafty collection of NFTs.
1. Jay-Z – Punk #6095
The rapper and billionaire is known for collecting fine art in many forms. In April 2021, he bought his first CryptoPunk for 55 ETH ($127,717). His NFT is still visible on his Twitter profile picture. It does a great job of promoting the technology while exhibiting the value and significance it holds.
2. Serena Williams – Punk #2950
Serena got her CryptoPunks token as a gift. In June 2021, her husband and the co-founder of Reddit Alexis Ohanian bought it for 85 ETH ($177,123). A month later, he transferred the token to the tennis champion’s wallet. Another factor that makes this NFT popular is that Ohanian wore it as a pin at the 2021 Met Gala.
3. Steve Aoki – Punk #6473
Aoki has been quite vocal in support of NFTs and other cryptos. Reportedly, he is also the richest celebrity to trade CryptoPunk so far. He purchased it for 65 ETH ($160,559) and traded it for 300 ETH ($900,000) approximately after one month. Even a brief period of ownership makes him an entrant to this list.
4. Jason Derulo – Punk #1961
The very talented and popular singer and songwriter bought NFT in September 2021. He got it through the NFT whale Cozomo de’ Medici and he still holds it. The original buyer acquired it for 104 ETH ($357,081). With this possession, Derulo has become a significant personality in the crypto space. Many of his crypto enthusiast fans have patted his back for it.
5. Marshmello – Punk #8274
Marshmello surprised his fans when he changed his Twitter profile pic to Punk #8274. He acquired an extensive collection for 130 ETH ($504,068) in late October 2021. The DJ and musician also owns other NFTs such as BAYC and VeeFriends.
Conclusion
CryptoPunks is a distinguished collection of one of the most sought-after NFTs. From the technical aspects to aesthetics, everything about these tokens is special. It becomes a valuable belonging to the holder owing to various factors. CP brought a new trend in the world of NFTs. These NFTs came in three different categories and each one is very distinct. They have also become a source of inspiration for many other non-fungible tokens that are going rife in the crypto sphere.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
