Wed, December 18

Yuga Labs Announces Launch of Official Book on CryptoPunks

Yuga Labs Announces Launch of Official Book on CryptoPunks NFT News
  • Yuga Labs has announced a new collaboration with Zak Group for the book launch.
  • The book will have “untold stories” related to the project, as promised by Yuga.

CryptoPunks, which launched six years ago and sparked the NFT art trend while also serving as a blueprint for several subsequent other initiatives, is publishing its own official book. Yuga Labs, the owner of the CryptoPunks IP, has announced a new collaboration with Zak Group, the design company behind Nike’s and Virgil Abloh’s “Icons” book.

The book will “detail every Punk, pixel by pixel,” showcasing the artwork of the 10,000 NFTs and their significant effect since inception. It is scheduled for release this winter. Prominent digital artists and community members will contribute to the book alongside the original founders of the CryptoPunks, Matt Hall and John Watkinson of Larva Labs.

Yuga Labs has also promised to document the book’s development and include community feedback as it progresses. In addition to material from the official CryptoPunks Discord and Twitter accounts, the book will have “untold stories” related to the project, as promised by Yuga.

In 2017, CryptoPunks debuted as a free mint on Ethereum, and the value of pixel PFPs skyrocketed in early 2021 as the NFT market as a whole saw rapid demand. CryptoPunks was released with a predetermined set of 10,000 NFTs, which later served as one of the inspirations for the ERC-721 standard.

According to information provided by CryptoSlam, the project has so far produced over $2.1 billion in trade activity, and a single CryptoPunks sold for $23.7 million in 2022. These NFTs are now trading on secondary markets for slightly over $89,000 worth of ETH, down considerably from a “floor price” of over $417,000 in November 2021.

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An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.