The CryptoPunks are a group of 10,000 digital collectible characters on the Ethereum blockchain. This project paved the way for other NFT projects. Non-Fungible Tokens are unique blockchain-based digital assets with provable ownership. These characters were created to be used in a digital world, such as gaming. Their popularity has led to many derivative projects. If you’re not familiar with CryptoPunks, you can read more about them below.
RomanPunks are a tribute to the OG CryptoPunks
A RomanPunk is a virtual avatar with many unique traits. They are created with a specific color scheme and are often based on famous citizens of the original Roman dimension. Other characters can be inspired by pop culture, science fiction, literature, and even the great Roman gods. These virtual avatars will be sold for a small price and will increase in value over time as players adopt and collect them. The game is highly competitive, which encourages collecting and trading of these virtual avatars.
Like CryptoPunks, RomanPunks are a hybrid of cryptopunk and ancient history. The coin was originally created on Ethereum, but has come to life on WAX. While OpenSea RomanPunks are 1:1 (max 1,000 supply), the WAX RomanPunks are more widely available, with a lower price and higher volume. With a higher volume, RomanPunks have more utility and gamification potential than their Ethereum counterparts.
The idea behind the OG CryptoPunks was to create a cryptocurrency based on the ‘Punks’ of the ‘original’ generation. This concept was initially viewed as a joke by some, but eventually became an important part of the crypto world. Since then, more people have joined the crypto revolution, and the RomanPunks are an excellent example.
As the price of Bitcoin and other cryptocurrencies have gone up, punk prices have followed suit. This new currency has become an investment in rare and unique qualities. These traits have pushed CryptoPunk prices to sky-high levels, from $30k to $10 million. Moreover, it’s worth noting that a single token can be sold for as much as $10 million in the crypto world.
They are a tribute to the OG CryptoPunks
As a tribute to the original CryptoPunks, the ‘OG’ is a collection of 10,000 unique 24-by-24-pixel images of misfits. Known as CryptoPunks, the characters were inspired by the punk scene of the ’70s. The art in the game was created by computer programs and each CryptoPunk has its own trait that can be bought and sold.
Originally, these characters were created by Matt Hall and John Watkinson. The artists’ approach to CryptoPunks was heavily influenced by the pioneering anti-establishment spirit of the ’70s London music scene. This scene was the birthplace of punk, Sex Pistols, and the like, but it was also heavily influenced by dystopian works.
Since then, the ‘OG’ CryptoPunks have spawned an unofficial Punks movement. The aesthetic is timeless, and their appeal has made them a cultural zeitgeist. Since 2017, interest in CryptoPunks and NFTs has skyrocketed. On the OpenSea marketplace, for instance, 9,999 OG CryptoPunks NFTs are now selling for over $25,000. This is an astonishing increase for any Punk.
The OG CryptoPunks are now a craze. But a lot of punk owners are keeping an eye on these newly re-surfaced projects, as they aren’t as old as the OG CryptoPunks. And yet, punk owners are still skeptical that Etheria will have the same impact on CryptoPunks’ value. This is a very important distinction to make if you’re considering CryptoPunks as an investment.