Holders of CryptoPunk non-fungible tokens (NFTs) will have the opportunity to obtain physical prints of their digital artifacts, according to an October 26 announcement. The items are offered as part of a collaboration between online art store Avante Art and CryptoPunks brand owner Yuga Labs. The sale only lasts 48 hours. It started on October 26 at 3:00 PM UTC and ends on October 28 at 3:00 PM UTC.
Our print collaboration with @avant_arte is officially live – for only 48 hours.
Punk On-Chain is available exclusively to CryptoPunk holders at https://t.co/skT1FKTJgB pic.twitter.com/X657IqdgUT
— CryptoPunks (@cryptopunksnfts) October 26, 2023
Two different versions of the physical CryptoPunks collection are offered at Avante Art. The first is called ‘Punk-On-Chain’. Any punk owner can order a Punk-on-Chain print copy for every digital punk they own. However, users must prove proof of ownership in order to order a printed copy. This means that individuals who do not own the on-chain version will not be able to purchase the print version.
The second collection is called ‘10,000 On-Chain’, a printed collection of all 10,000 CryptoPunks that is accessible to everyone. Collectors can purchase the print version of a 10,000 On-Chain Punk even if they don’t own the original on-Chain version.
The two different versions of each printed punk can be distinguished from each other by a variety of features. For example, the 10,000 On-Chain pieces are Archival pigment prints with screen printing varnish seal, while the Punks-On-Chain pieces are UV pigment prints with white undercoats. Both versions of each punk include a Yuga Labs holographic sticker to prove their authenticity.
The Punks-On-Chain items also feature a QR code on the back of the print, leading to a blockchain-based digital certificate of authenticity (CoA). As for the 10,000 On-Chain pieces, they come with a physical CoA that contains a QR code that leads to the digital CoA, but this QR code is not on the print itself.
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CryptoPunks was one of the first algorithmically generated art collections to be distributed via blockchain technology. It was developed by the Larva Labs studio and released in June 2017. The pieces were originally free to any Ethereum network user who wanted to mint them. At the time of publication, the lowest-priced CryptoPunks are selling for around $78,000, and the entire collection has a market cap of over $782 million, according to Coingecko data.
Larva Labs sold the copyrights for CryptoPunks to fellow NFT development team Yuga Labs in March 2022.