The user who will issue token #9999 will receive a selected NFT with a regular picture of Buterin which is included in the RealCryptoPunks collection.
Drawing inspiration from the original CryptoPunks created by Larva Labs in 2017 have gone on to create exclusive ERC-721 non-fungible token series RealCryptoPunks. This is quite timely considering that interest in these tokens in 2021 has reached a fever-high pitch. Combining the picture of the genius behind Ethereum Vitalik Buterin with CryptoPunks attributes RealCryptoPunks created an entire series to determine what it would look if pixelated characters were real-life beings. The result was an entirely new fungible token with the following specifications
- Diverse Specification: The Real CryptoPunks series comprise human-looking characters, apes, aliens and zombies with specific punks possessing the same colour, type and 87 unique attributes with its pixel double. There are five types (aliens, humans, apes and zombies), attributes including masks, jewellery pieces, makeup, hairstyles, hats
- NFT Standard: All RealCryptoPunk characters are equivalents of ERC-721 non-fungible tokens
- Cross-platform compatibility; The RealCryptoPunks are compatible with regular NFT marketplaces like the Open Sea and Rarible.
- Rarity tiers: The tokens come in three rarity tiers vis the common, rare, and legendary punks with each varying in the background from the other depending on the rarity level. Of these, 98.9% are common, 1% belong to the rare tier and 0.1% are on the legendary tier.
- Verified Smart Contract.
RealCryptoPunks Tokens with Buterin Images
The initial distribution began on May 20, 2021 (UTC) with a price of 0.005 ETH. The current issue price is 0.03 ETH. This will continue to increase by 0.01 ETH after every 500 tokens sold. The user who will issue token #9999 will receive a selected NFT with a regular picture of Buterin which is included in the RealCryptoPunks collection. At the time of writing, only 1579 tokens have been sold.
The platform also offers users rewards for inviting their friends to purchase the punks. Punks can only be purchased with an Ethereum wallet. The reward comes in the form of a chance to earn more NFTs from the CryptoPunks collection.
The creators of the RealCryptoPunks are also hosting a Legendary drop. To join the drop, users are expected to unpack three punks of the same gender in their Ethereum wallet and then join the drop by entering their Ethereum address on Gleam. Winners will be announced on the 15th of June.
What Are CryptoPunks?
CryptoPunks are artsy 24×24 pixelated images with unique designs and attributes. Moreso, there are 10,000 of them in total with each unique punk possessing specific characteristics and valued differently. It is this uniqueness that makes it very valuable for asset tokenization (which involves the conversion of physical and non-physical assets into the blockchain). They were first released in 2017 and utilizes the Ethereum blockchain to aid the creation of more CryptoPunks.