Beeple's First NFT Project: CryptoPunk's Impact on the NFT Space is Significant
Digital artist Beeple revealed in July that he was looking for a suitable CryptoPunk. A few days later, he purchased CryptoPunk #4593 for 113.7 ETH, emphasizing that this was his first PFP-type NFT project to acquire in his life.
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Beeple Acquires First NFT Project
Beeple, also known as Mike Winkelmann, expressed his gratitude to the community for their support after acquiring his first PFP (Profile Picture) NFT project, CryptoPunk #4593. Despite his long-standing presence in the digital art field, this was his first purchase of a PFP-type NFT project.
He further praised CryptoPunk:
Since learning about NFTs, the crazy story behind CryptoPunk has always held a unique place in my heart. In fact, this strange and innovative artwork was initially free to mint a few years ago, and hardly anyone cared at the time. However, the idea behind this project eventually gave birth to a new asset class, far beyond my imagination. I was amazed to see CryptoPunk change our perception of identity and ownership. I believe it is a historic piece of work that has had a significant impact on the NFT space. Thank you to everyone who helped me find the right PFP. I wanted to find one with distinctive features that embodies the spirit of CryptoPunk. I believe the future will be very interesting.
He pointed out that the community's understanding of CryptoPunk's features was quite intriguing, filled with details and ideas.
appreciate all the kind words on this new lal' dude. thankful to have the opportunity to be a small part of this amazing community.
this is the first PFP i have ever bought and it is a really long time coming. from the time i learned of NFTs this project has always stood out… pic.twitter.com/JAQarijzeK
— beeple (@beeple) August 2, 2023
Beeple Spends 100 ETH on CryptoPunk
On-chain data shows that Beeple purchased CryptoPunk #4593 for 113.7 ETH.
On July 25, he tweeted that he was looking for a suitable CryptoPunk, and less than ten days later, he made the purchase.
On August 2, he also slightly teased on Twitter, hinting at his selection of #4593 based on the character in the image and the drawing in the upper right corner.
A PUNK IS BORN pic.twitter.com/3kkyLxyfbm
— beeple (@beeple) August 2, 2023
According to NFTGo, the floor price of CryptoPunks is 47.94 ETH, showing a slight 2.11% increase in the past 24 hours. The trading volume has surged by 306.75%, but the overall average transaction price of 70.52 ETH has decreased by -18.65%.