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Time for some history. Discover the wonderful legacy of CryptoPunks with these comprehensive wiki and learn more about the original V1: linktr.ee/CryptoPunksLEG…

@RyanRiess1 @CryptoPunksOG

@CryptoPunksOG 💃🏼💃🏼

I don't know guys, maybe i'm crazy.. But every day that passes i'm more and more confident about V1 PUNKS. That’s the fuc*ing history, you understand?

@stoopidwiseman @youfadedwealth @v1punks @cryptopunks Demo albums aren’t intended to be the final release as @v1punks were. If I wanted to make a music analogy I’d say @v1punks would be the original release of an album and @cryptopunks would be the remastered version(later re-release with improvements).

@youfadedwealth @v1punks @cryptopunks Not sure if I read it somewhere or if I came up with the thought and just forgot, but I liken it to owning a demo version of an album. Yeah, it's not the version people know and love, but that version wouldn't exist without the demo

8 months ago, I shot out a tweet that caused some controversy on the timeline “Are V1 CryptoPunks actually CryptoPunks?” It was a simple question, that I genuinely did not have an answer to It led to an extremely tense emotional and philosophical debate between dozens and dozens of strangers on the internet Some argued to protect their own interests, others argued to appreciate their own It seemed like everyone had an answer that contradicted one another On one hand: - “The Ethereum Classic of NFTs” - Social Consensus > Provenance - ‘Original but not Official’ - Scammers/Grifters trying to pump their bags with a loose & irresponsible narrative On the other side: - History > ‘Utility’ - Provenance > Social Consensus - Original = ‘Official’ - Influencers & high-end investors trying to protect their bags with a narrative built on social consensus It was quite a bit to digest, and truthfully overwhelming It led me down a spiral of reflecting on the importance of the blockchain itself In the physical world, before any of this existed, we were often told: “History is written by the victors.” Meaning social dominance and consensus will always predicate historical truths & narratives I believe the blockchain is the first human invention that can test that philosophical principle If I was to tell you - “this is the earliest dinosaur bone ever discovered?” We would have to go through the arduous task of proving that to be true A team of dozens of researchers, carbon-dating technology, and some form of authoritative construct or organization would have to give it the green light before you believed me In a world where the blockchain exists - I believe the next evolution of humans will more easily be able to discern historical truths and assign value based off of the principles of provenance & decentralized story-telling Imagine if the first versions of the Bible, Quran, and/or the Torah were inscribed on Bitcoin as they were being incepted? Imagine if the historical perspective of humanity was not shaped by the history books, but a decentralized real-time accounts of what is happening in the world - while it is happening? Unfortunately, I do believe that opportunists in a financially-driven space will always exist Pushing an agenda or narrative that best suits themselves as opposed to the principles of the betterment of the people For me - I’ve come to the conclusion that provenance matters today, and will matter so much more in a future where AI will blur the lens of reality & truth It’s part of the reason my business partner @geoexplor3 and I purchased the oldest ETH meme token (@2015bitcoin) 7 months ago when we were still in a deep part of the bear market I don’t think you can tell the story of NFTs without CryptoPunks, and I don’t think you can tell the story of CryptoPunks without V1 Punks I think the ideological war between social consensus and provenance will eventually get to a mutual understanding of one another That might not be today, tomorrow, 5, 10, or even 20 years from now - but I’m willing to bet that it inevitably will at some point Anyhow - welcome home Punk 2818👇

@AllRyLHedUp @v1punks

On mistakes, memes and punks. ...and stamps?! 1/23

@mintface Big shades

@MikeMcDonald89 @straybits @brianhc @dt_nfts nfthistory.org/wiki/CryptoPun…

@straybits @brianhc @dt_nfts Any good examples that reference these 20000 cryptopunks?

@tulie_xyz @v1punks Claimed by @tonyherrera. Held in his wallet for over 6 years.

Yesterday I bought my first pfp in a long time and while nft meta might not 'be in' right now, this grail @v1punks made too much sense to pass up at these prices. One of earliest pfp provenance, no team execution risk and a forever flex for the culture. Vaulted. #NewProfilePic

@RookDPO @v1punks

Grail @v1punks secured. Welcome Home Punk 5148

This morning @cryptopunks 3100 sold for 4500 ETH ($16M) which is massive, but this punk has an interesting and sometimes scandalous story around it, so I thought I'd take a moment to talk about some of the stand out moments 3100 has experienced over the last (almost) 7 years. Lets start at the beginning. @straybits claimed the @v1punks token of 3100 (along with most of the other aliens) on June 10th, 2017. This was within the first 24 hours after @larvalabs released Cryptopunks. The claim, of course, was free. A few days later on June 23rd @straybits was airdropped the updated @cryptopunks token for 3100 which he sold a couple weeks later for 8 ETH (just over $2k at the time). The buyer would hold 3100 until March 11, 2021 when they would accept a bid for 4200 ETH ($7.58M) which was the highest Cryptopunk sale ever at the time. That anon buyer is the one who sold it this morning, all that history can be seen here: cryptopunks.app/cryptopunks/de… All that is exciting, but things get a little crazy after that. In June 2021, a few months after the 4200 ETH sale, an artist named Ryder Ripps would mint a copy of 3100 on @foundation and publish a (now deleted) explanation saying this was a conceptual piece questioning what it is you own when you buy an NFT. This would sell a few days later for just over 2 ETH, check out that bid history: @ryder_ripps/foundation/52921" target="_blank" rel="nofollow noopener">foundation.app/@ryder_ripps/f… Just after the sale Larva Labs served Foundation a DMCA takedown notice and they delisted his 3100 copy. Ripps would then mint and sell the DMCA notice for just over 1 ETH. It's currently for sale for 3.99 ETH. @ryder_ripps/foundation/55138" target="_blank" rel="nofollow noopener">foundation.app/@ryder_ripps/f… Ripps would appeal the DMCA, and his 3100 copy token would be reinstated a few weeks later. This was long before the RR/BAYC drama which would later ensue, though it might have been the spark of the idea, and it was directly related to controversy at the time within the Cryptopunks community about who owned the IP to the punks that would eventually lead to @punk4156 selling his Cryptopunk ape and launching @nounsdao in effort to promote CC0. cryptopunks.app/cryptopunks/de… I recognize that in light of everything that would happen after this with Ripps and Yuga this bit of the story is something some people don't like, but historically I do think it contributed to Larva Labs selling Cryptopunks to Yuga Labs the following year, and is therefor an important part of the story of 3100, and some of the legacy that the new buyer just inherited. I wrote about some of this back when it happened seanbonner.com/2021/07/20/ape… But that's not all! In January 2022 @frankNFT_eth would release a wrapper allowing the bugged originally claimed Cryptopunks to be sold safely. @straybits still owned the V1 token, and when he started wrapping them an OTC deal was reached with fellow punk claimer and legendary collector Mr703 for the V1 version of 3100, which he held quietly until wrapping it in Nov 2023. opensea.io/assets/ethereu… Anyone who has followed my writings on this knows I'm an advocate for pairing up V1/V2 Cryptopunk tokens. These were "born together" so to speak and are both important parts of the story, and I think the most ideal solution is that they remain together in the same wallet owned by the same person whenever possible. These two tokens have been separated since July 2017, I think it would be incredibly exciting to see them reunited in this next cycle. What a cool chapter that would be to add to the story. I'm hoping we learn who the buyer of 3100 is, and excited to see where this leads next. 🍿

Do you like historical NFTs? Well, you probably sleeping on the most historical provenance NFTs of the industry! 1)🧵 Not everyone knows that there are two versions of #CryptoPunks, but why is the first version worth so little in comparison? "CryptoPunks" are the first smart contract from Larva Labs, a company founded by Matt Hall and John Watkinson. Born as a collectible experiment on rarity and digital ownership, they are among the first NFTs ever created and the first collection of 10,000 unique pieces on #Ethereum. It is widely recognized that they are the most influential collection in history and that they inspired the standards and the NFT industry we know today - just think that at the time the term "NFT" did not even exist. Launched via a smart contract on June 9, 2017 and redeemable for free by anyone who had an Ethereum wallet. At the time, Ethereum users were a niche and it wasn't as widespread as it is today. At the beginning of 2017, 1 ETH was worth $10 and the number of addresses created was around one million (to date there are over 250 million). So the first Ethereum investors had these ETH in their wallet without knowing what to do with it, the Punks were one of the first use cases. You could simply connect to the site, pay the gas fee (a few dollars) and redeem a Punk. Within a week of launch, all 10,000 punks had been redeemed by over a hundred of people, with some owners managing to redeem as many as 600 - 1000. Once they were sold out, the first trades began, but after a while they discovered a bug in the smart contract that allowed those who bought a punk for sale to get back the ETH spent! With this flaw in the contract it was no longer possible to sell the punks safely. CryptoPunks are modified ERC-20 tokens, which predate the ERC-721 standard, so they work completely differently from the modern NFTs we know today. You don't use IPFS, they are not "links" to an image. There is a single image made up of all 10,000punks whose hash is encoded in the contract and each token has the coordinates of that specific punk. Natively they can only be exchanged in the integrated smartcontract marketplace and not on Opensea-type marketplaces (which didn't even exist at the time). The bug was in fact in a line of code in the marketplace. With the marketplace out of games, Larva Labs warned punk owners to no longer interact with the smart contract or they would lose their punks.

Why V1 Punks are the Most Undervalued NFT Project 🌱 Did you know that they are the Original CryptoPunks? ✅ Uncover their fascinating story ⬇️ ⬇️ ⬇️

Provenance Matters: A Cryptopunks Story (Pilot) youtube.com/watch?v=MSJxCX… #cryptopunks

@CryptoPunksOG @V1punker That looks like it was 2 years ago

1 year ago, CryptoPunks V1 biggest sale of 1000 ETH 😱 Punk #5905

@CryptoPunksOG 3054

The V1 Punks become more scarcer day by day, while those who have understood their value try to take the best ones and put them in a safe vault. What are your favorites on sale? IMO the best ones under 10 ETH remain these:

@ooo000ooo @CryptoPunksOG It is not currently believed that he painted any of the early versions or copies(it was for centuries). These works are attributed to his pupils and other artists.

@CryptoPunksOG Uhm. He did. He painted several of them. The most famous is the third or fourth I believe.

The #CryptoPunks are the most iconic NFTs of all time, the Da Vinci's of modern digital art. Imagine if historians discovers that Leo painted another Mona Lisa before the famous one. V1s are drafts, misprints or whatever you want.. I just see an insane value in both V1 and V2

@CryptoPunksOG @v1punks def were not drafts. They were intended to be the first and only Cryptopunks contract.

@notwarrenETH @cryptopunks Classic shades+pipe

I see some clean Punks near floor 🤍✨ Which one is your fav? 👀✨✨

@Pons_ETH Yes, contact is from two weeks prior to @cryptopunks. They are the original ERC-20 tokens distributed to the claimants in June 2017.

What is the story with V1 Punks? Everyone in the NFT space says "provenance this, and non-fungible that" Assuming I read the story right... wouldn't they be the original? Or no?

@frankNFT_eth @gianinaskarlett @v1punks Yes please

@gianinaskarlett I am free, to tell the story about the @v1punks … history

I'm looking for new guests for my spaces. Who are the people you would want to hear from on spaces? What are the topics you want me to explore? 👇