Top Non-Fungible Tokens (NFT) Projects: CryptoPunks are a set of 10,000 unique digital collectible characters that are 24×24-pixel, 8-bit-style unique avatars.
CryptoPunks was one of the earliest non-fungible token projects, which paved the way for other popular NFT projects like CryptoKitties, Bored Ape Yacht Club, and CrypToadz.
It was one of the first NFT collections to transcend from internet forums to prestigious auction houses like Sotheby’s and Christie’s.
The collection has become well-known among prominent art critics, who view it as an essential historical artefact from the early days of blockchain and cryptocurrencies. For many NFT enthusiasts, the collection marks a turning point in the mass recognition of NFTs and a change in how people view digital ownership.
Launched in 2017, CryptoPunks were developed using the ERC-20 token standard.
Originally intended for use in games and applications, CryptoPunks have since inspired numerous other profile photo (PFP) NFT collections (including the Bored Ape Yacht Club) with their aesthetic treatment of portrait images.
In its early days, anyone with an Ethereum wallet could get CryptoPunks for free as long as they were prepared to pay the little minting fee. During the 2021 bull run, the collections’ price exploded, with some CryptoPunks being sold for tens of millions of dollars.
Market prices have aided in legitimising the importance of NFTs as a technological and aesthetic trend.
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CryptoPunks belong to the PFP (profile picture) category of NFTs. They typically have thousands of editions, if not more. The concept is to construct an avatar by programming it for various qualities, such as head, face, etc., with certain editions having the more rare traits, which may be worth more.
However, you will need to have a programming background to perform the following steps.
Step 1: Create the NFT images and meta-data
The project designer must create an image for each individual characteristic, such as the eye, head, etc., in order to produce an NFT with random traits.
In order to create meta data, refer to this guide by OpenSea: How to add rich metadata to your ERC721 or ERC1155 NFTs
Step 2: Host the images and meta-data
You can use several cloud storage platforms, like AWS (paid) or IPFS (free). This will ensure that your collection is ”live” regardless of who owns your digital collectibles.
Step 3: Deploy the smart contract.
There are several tools available for this. Please refer to these guides for the same
https://medium.com/gochain/how-to-create-and-deploy-an-nft-smart-contract-in-10-minutes-e0d7ef8e59fc
Step 4: Mint NFTs
After the smart contract is deployed, you can start minting the NFTs. Please refer to this guide for the same.
How to mint on OpenSea
If you are not from a programming background, you can use NFT generator platforms like Genfty and NFT Art Generator to generate NFTs like CryptoPunks.
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