Blockchain

Why Are Cryptopunks So Expensive

Why Are Cryptopunks So Expensive?

NFT’s or Non-Fungible Tokens have been surging in popularity in 2021. Much like other NFTs, CryptoPunks have also been seeing a rise in popularity and value. They make up 3 out of the top 5 most expensive NFT’s ever sold. (For more details on this, check this out here).

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The Top Five Most Expensive NFTs Ever Sold

The Top Five Most Expensive NFTs Ever Sold

NFTs are cryptographically generated tokens. They use blockchain technology to establish a unique digital asset. NFTs are “non-fungible,” meaning that they cannot be interchanged with each other like money. The authenticity of an NFT can be verified by the historical ownership data stored on the blockchain, which allows any digital artwork to be traced back to its original creator. Thus, the artist’s signature is baked into the NFT.

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Elon-Musk-and-crypto

Elon Musk and Crypto – The Latest

Contextualizing Musk’s latest hot takes on crypto. With over 58.5 million Twitter followers, Tesla’s founder and CEO Elon Musk’s erratic tweets have taken the financial

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