![]() ![]() ![]() For the success of this collection, we have to thank Larva Labs, which issued a series of 10,000 images tokenised as NFTs on the Ethereum blockchain in 2017. CryptoPunks: The Ethereum Sensation NFT CollectibleĬryptoPunks: The Ethereum Sensation NFT CollectibleĬrypto Punks is the first NFT collection that sparked the community’s interest on a massive scale, paving the way for the industry to skyrocket into the stratosphere. ![]() With some degree of validity to this statement, this is a rather harsh conclusion, considering that many NFTs never possessed any intrinsic value in the first place and hence are more susceptible to external factors than the rest of the crypto flock.īut has the state of current affairs reached a detrimental stage, and there is no turning back or is there a light at the end of the tunnel, and innovation is right around the corner? Join me in today’s editorial, where we will see whether the upcoming Big Eyes Coin project can challenge the undefeated champion of Ethereum’s sensation CryptoPunks collection. In fact, some influencers from the community went as far as saying that without a good-old switcheroo, everyone’s favourite JPEGs are doomed for good. While after a historically successful month Of Uptober, where the market was able to gain some green territory for the first time in three months, the state of NFTs still looks rather grim. If you have been following crypto with an eye half open, most likely, you are aware that the NFT market has not been doing great ever since the crypto winter became an ongoing pain in everyone’s neck. ![]()
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