What are CryptoPunks?
CryptoPunks are 10,000 uniquely generated characters created on the Ethereum blockchain by founders Matt Hall and John Watkinson through their company, Larva Labs. It was an experiment to explore the intersection between digital things and artificial rarity.
No two CryptoPunks are exactly alike, and each of them – when originally released – were able to be claimed for free (plus gas, which was around .11 cents!) by anyone with an Ethereum wallet.
Now several years later, CryptoPunks are credited with having inspired modern NFTs as we know them and having served as one of the earliest examples and inspirations for the ERC-721 token standard.