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What’s CryptoPunks NFT?
Digital art is a common use case for NFTs. High-profile auctions of NFTs linked to digital art have received considerable public attention, with the work /”Merge/” by artist Pak being the most expensive NFT with a price of 91.8 million and Everydays: the First 5000 Days, by artist Mike Winkelmann (known professionally as Beeple), the second most expensive auction at US69.3 million in 2021.
Some NFT collections, including EtherRocks and CryptoPunks are examples of generative art, where many different images can be created by assembling a selection of simple picture components in different combinations.
In March 2021, the blockchain company Injective Protocol bought a 95,000 original screen print entitled Morons (White) from English graffiti artist Banksy, and filmed somebody burning it with a cigarette lighter, with the video being minted and sold as an NFT. The person who destroyed the artwork, who called themselves /”Burnt Banksy/
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