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Next month in New York, the popular auction house Christie\u2019s plans to auction a rare lot of Cryptopunk non-fungible token (NFT) collectibles. The sample of work sold will be approximately nine rare Punks, courtesy of the project\u2019s creators Larva Labs.<\/strong><\/p>\n On May 13, 2021, the British auction house founded in 1766 by James Christie plans to auction nine one-of-a-kind NFTs from the Cryptopunk project. Christie\u2019s said it will be the first of a kind occasion of \u201cgroundbreaking work offered at a traditional auction house.\u201d The single lot of nine Punks stems from the NFTs creators Larva Labs.<\/p>\n \u201cThe Cryptopunks are the alpha and omega of the [cypto art] movement,\u201d Noah Davis, a specialist in Post-War & Contemporary Art at Christie\u2019s, New York said during the announcement<\/a>. \u201cThis is a historic sale,\u201d Davis added.<\/p>\n The Cryptopunks project came from the minds of Matt Hall and John Watkinson back in 2017. The New York-based firm they started, Larva Labs, has since created thousands of NFT characters. The team launched Cryptopunks on June 23, 2017, and they consist of pixelated 8-bit 24\u00d724 pictures of Punks. There are approximately 10,000 Punks today and some have already sold for hundreds of thousands of dollars.<\/p>\n Christie\u2019s auction house says it will be auctioning Punk # 2, 30, 58, 532, 602, 603, 635, and 757. Additionally, a \u201crare alien\u201d collectible will be sold during the May 13 auction as well. Cryptopunk 635, is one of only nine alien Punks and the only one with a sub-1,000 series number. Christie\u2019s says that Punks 532 and 602 are inspired by the \u201970s London punk scene.<\/p>\n \u201cCryptopunks inspired a community of collectors and connoisseurs,\u201d Christie\u2019s announcement details. \u201cFor fans of collectibles, it\u2019s clearly a version of trading cards or something similar. However, generative art fans see it as an interesting example in that category. We like that its perception is flexible and brings together several of these worlds into a single project,\u201d the auction house announcement adds.<\/p>\nNine Rare Cryptopunks Going to Auction<\/h2>\n
Several Worlds Into a Single Project- Cryptopunks Inspired the NFT Space<\/h2>\n
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