NFT Standards Debate: CryptoPunks vs Modern Collections
NFT Standards Debate: CryptoPunks vs Modern Collections
馃 Standards vs History
A debate has emerged over NFT collection standards and historical significance. Critics argue that dismissing collections for not meeting exact standards is unfair to CryptoPunks, the most valuable NFT collection that predated modern Ethereum standards.
Key points in the discussion:
- CryptoPunks established value despite not using ERC-721 standard
- NodeMonkes claimed as first original 10k PFP collection
- CryptoSkulls positioned as first 10k collection using official ERC-721 standard
- Standards vs innovation debate continues in NFT community
The controversy highlights tensions between technical standards and historical significance in valuing NFT collections. While newer collections may meet current technical requirements, pioneers like CryptoPunks created the foundation for today's NFT ecosystem.
This ongoing debate reflects broader questions about how the NFT community should evaluate and respect early innovations versus current technical standards.
This really ain't rocket science guys "It doesn't meet this exact collection standard" is an insult to CryptoPunks, the most valuable NFT collection (pre-dated modern NFT standards on ETH) OCM/Badgers obviously aren't first, but NodeMonkes are the first original 10k PFP
Three Rare Bitcoin Punks Sell for $61,134
Three highly sought-after **Bitcoin Punks** NFTs were purchased for **0.534 BTC** (approximately **$61,134**) on September 22nd. Bitcoin Punks represents the **first 10,000-piece NFT collection** built on Bitcoin's Ordinals protocol. The collection launched with a free, open mint structure. The sale highlights continued interest in premium Ordinals-based digital collectibles, with these particular pieces being classified as **"grail"** items - indicating their rarity and desirability within the collection. *This transaction demonstrates the growing market for Bitcoin-native NFTs as collectors seek scarce digital assets on the original blockchain.*
First Bitcoin Punk Listed at Historic Low Price
The historic first Bitcoin Punk (Inscription #89) has been listed for sale at 5.5 BTC, marking its lowest price point ever. Created by @pourteaux, this significant piece of Bitcoin history has never changed hands since its original inscription. Key points: - First ever Bitcoin Punk on Ordinals - Inscription #89 - Listed at 5.5 BTC - Original owner listing View the listing at [satflow.com](satflow.com/ordinal/eea8e933)
Ancient Bitcoin Whale Shows Interest in Early Bitcoin Inscriptions
A notable Bitcoin whale, active since 2009 (just 5 days after the genesis block), has been making strategic moves in the Bitcoin inscription space. Key details: - Whale has sold $9.68M in BTC to date - Currently holds $72.09M in remaining BTC - Recently started collecting early Bitcoin inscriptions The wallet can be tracked on [Arkham Intelligence](https://platform.arkhamintelligence.com/explorer/address/3Eqci64GZtUN9tv97WgmoA449LyLNasxrP) and their inscription collection is viewable on [SatFlow](https://www.satflow.com/portfolio/bc1pl595phnee5csgcsh468a3q0clry9slhqwsyumr3qxwuzh3ecw9dss0wcxt?tab=items).
Bitcoin Punks Launches Community Website with Comprehensive Data Tools
Bitcoin Punks has launched a new community-developed website (bitcoinpunks.app) coinciding with BTC reaching $100K. The platform offers: - Complete Punk movement information including Vaulted Punks - Marketplace dashboard with daily sales updates - Data on lost, burned, or fee-spent Punks - Unvaulting guide and onchain details - Holder distribution analytics Future updates will include: - Cross-marketplace listings - Enhanced statistical tools - Trait filtering system The free platform aims to centralize all Bitcoin Punks information in one location.