Share

Representatives of the Cryptopunk NFT collection will become museum exhibits. How is this possible?

NFT tokens are gradually turning from a newfangled trend into real museum exhibits. Studio Yuga Labs announced the donation of a unique token   Punk #305  From the popular CryptoPunks collection to the Institute of Contemporary Art in Miami. The museum is free to visit, but the NFT token will be displayed among other exhibits for viewing after the closed event, which will be held on December 2.  Let's talk about what is happening and its importance in more detail.

 

 

We have clarified the current data: today Cryptopunks are the most expensive and popular NFT collection in the world. It is followed by the equally famous Bored Ape Yacht Club and Mutant Ape Yacht Club. Here is the corresponding rating, indicating the minimum price of a representative of each individual collection.

 

Представители NFT-коллекции «Криптопанки» станут музейными экспонатами. Как это возможно? Рейтинг наиболее дорогих и популярных NFT-коллекций в мире. Фото.
 

As it became known at the end of October, the owner of the listed collections, called Yuga Labs, ranks first in terms of the amount of money earned on the secondary sales of these tokens. According to sources, we are talking about the equivalent of $147 million since the release of the NFT. Read more about these statistics in   separate material .

 

 

Why are NFTs so popular?

The Punk #305 token was not chosen by chance - its number corresponds to one of Miami's telephone codes. It is also the hometown of Yuga Labs co-founders Wiley Aronov and Greg Solano. Recall that earlier they were known under the pseudonyms Gordon Goner and Gorgamel, but at the beginning of this year their identities were declassified, which is   outraged --nbsp ; head of Yuga Labs Nicole Muniz. Representatives of the cryptocurrency community were also dissatisfied with what was happening, since in this case the journalists revealed the real identities of the developers solely for the sake of popularizing their own resource. It didn't make much sense.

 

The donation of one NFT token to the museum is just the first stage of a large-scale campaign called  Punks Legacy Project. In an interview with representatives   Decrypt  Head of Brand Promotion Noah Davis stated that "a few more" unique collection tokens will be donated to other museums in the future. Here is his corresponding response.

 

It's not about a certain number of "cryptopunks", but rather about finding art heritage museums and organizations that want to enter the Web3 world for the right reasons. Quality over quantity.

Иначе говоря, авторы коллекции не собираются заполонить различные музеи собственным искусством и завоевать большую популярность за счёт обилия пожертвований. Вместо этого они хотят отыскать правильные локации, которые смогли бы привлечь реальных энтузиастов и ценителей новых технологий заодно.

Почему так популярны NFT. CryptoPunk #305. Фото.

CryptoPunk#305

 

 

Recall, NFT-collection   CryptoPunks   is considered to be one of the ideological founders of the current concept of series of unique tokens. It was launched in 2017, and its main feature was 10,000 unique “cryptopunk” characters, each with their own pixel art-style appearance. The more rare properties an individual punk has, the less often it is considered and the higher it is valued accordingly.

 

Studio Yuga Labs  acquired the rights to the   collection from Larva Labs in March, and soon after placed Davis in charge of the future of the CryptoPunks brand. At the same time, he was previously an employee of the auction house Christie's. Aside from their historical significance, Davies believes that "cryptopunks" are true works of art in their own right.

 

Since its launch in 2017, CryptoPunks has generated more than $2.4 billion in secondary trades to date. Today, one "cryptopunk" will cost the buyer at least 66.5  ETH   or $81,200 at the current exchange rate. The most expensive copy of the collection of all time was sold for 8 thousand ETH or 23.7 million dollars. The event happened in February of this year.

 

Отметим, что в ближайшие годы NFT явно станут более популярным явлением. Чего только стоит решение Instagram создать инструменты для запуска и распространения новых коллекций невзаимозаменяемых токенов, о котором  стало известно  в начале месяца. Очевидно, подобное сможет привлечь в нишу новых участников.

Почему так популярны NFT. Динамика минимальной цены токена из серии CryptoPunks. Фото.

Dynamics of the minimum price of a token from the CryptoPunks series

 

 

Мы считаем, что подобное решение Yuga Labs пойдёт индустрии невзаимозаменяемых токенов на пользу. NFT — полноценная современная версия искусства, которое вдобавок использует сильные стороны блокчейна. Соответственно, она может заинтересовать людей, уже связанных с творчеством или технологиями по отдельности.

 

Look for even more interesting news in our   crypto chat millionaires . There we will discuss important events related to the blockchain and decentralization industry.

Translate & Edit: P2E Game

Welcome to P2E GAME

Hearing the echoes from Metaverse.

Blockchain Games list | NFT Games lists | Crypto Games list | Play to Earn Games List
Bookmark 0
Bookmark
Not-liked 0
Like
Reviews
Reply
Latest
Discover what matters to you
  • NFT
  • GameFi
  • Industry News
  • Launchpad
  • Airdrops
  • Insight
  • Region News
  • Weekly Overview
  • Editors' Picks
  • Partnership
No corresponding news is found