CryptoPunks (2017)
The CryptoPunks are 10,000 unique algorithmically generated characters. No two are exactly alike, and each one of them can be officially owned by a single person on the Ethereum blockchain. Originally, they could be claimed for free by anybody with an Ethereum wallet, but all 10,000 were quickly claimed. Now they must be purchased from someone via the marketplace that's also embedded in the blockchain |
Comments about CryptoPunks name | Mig Mora |
subject | CryptoPunk number 5528 |
message | Meet Spottie WiFi, the CryptoPunk Rapper Who Made $192,000 in 60 Seconds
Mig Mora thought his music career was over in 2012. This year, he released an NFT project that generated more money in 60 seconds than he'd ever made from a full year of releasing music. This is a story all about how...
After a few weeks in February of 2021 I decided, “If I believe in this technology and CryptoPunks have historical value, they’re one of the leading things you can collect in this thing—then I should just do it.” I had no concept of Spottie or music, doing anything with it. But I started shopping for a CryptoPunk. What I found interesting was the spots that are on Spottie’s face. Out of 10,000 CryptoPunks, there are only 124 that have spots. That’s super rare. But people sleep on the spots because they think it’s ugly. They think it’s an unattractive trait and they don’t want that as their Twitter profile picture. They don’t want that to represent them as an avatar, but I saw it as a value. It’s cheaper than the other traits that are similarly rare, so I bought this CryptoPunk. At the time it was 27 ETH, and that was almost exactly $40,000. That was a big investment for me, but I was just seeing it as an asset. My crypto is finally in profit and this is a way to diversify and be on the cutting edge of art and crypto.
As I got more into the scene, I would see my friend who introduced me to the CryptoPunks and other people in the CryptoPunk world, they’re often anonymous online. You have no idea who they are, but they’re building these online personas behind their CryptoPunks, behind their profile picture or avatar. People follow them and want to hear what they have to say just because they have the clout from this little jpeg. They’re an early adopter, a thought leader. I thought that’s really interesting and I thought I can take it a step further. Rather than just being Mig and being anonymous, speaking in my voice anonymously, I can embody my CryptoPunk and give it a backstory, make it a full-fledged character. The way that I can bring it to life the most is through music. At some point the name Spottie WiFi came to me.
What I purchased was CryptoPunk number 5528. That was it. The name hit me. I instantly knew, that’s the name right there! I knew that if I could get Stefan Clark [Mig’s former producer] on board, I could do this. He was helping me at this time, doing all the sound work and design for another Crypto project I was doing. I said, “I have a crazy idea for you.” We talked on Google Hangouts and I shared my screen and was just like, “This is a CryptoPunk.” I explained what an NFT was and I told him that I spent this amount of money on it. The crazy idea is that I want to make him a rapper
https://amp.www.complex.com/pigeons-and-planes/cryptopunk-rapper-nft-s pottie-wifi | date | Thursday September 23, 2021 |
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