A partnership has been announced between online art store Avant Arte and CryptoPunks brand owner Yuga Labs, offering holders of CryptoPunk NFTs the opportunity to own physical prints of their art collections.
Avant art offers two types of physical CryptoPunks collections. The first is called ‘Punk-On-Chain’ and allows any punk owner to order a Punk-on-Chain print copy for every digital CryptoPunk they own; however, they must first prove ownership. The second collection, called “10,000 On-Chain,” is a printed collection of all 10,000 CryptoPunks that is accessible to anyone, even if they don’t own the original on-chain version. This curated sale will only last 48 hours, from October 26 to October 28, 2021.
Distinguishing features and authenticity measures
Each printed punk is distinguished from the others by several features. For example, the 10,000 On-Chain pieces are archival pigment prints with a screen-printed varnish seal, while the Punks-On-Chain pieces are UV pigment prints with a white undercoat. Either way, each version of each punk includes a Yuga Labs holographic sticker proving its authenticity.
The Punks-On-Chain items feature a QR code on the back of the print, which leads to a blockchain-based digital certificate of authenticity (CoA). Meanwhile, the 10,000 On-Chain pieces ship with a physical CoA that contains a QR code leading to the digital CoA, but the QR code is not on the print itself.
CryptoPunks is a pioneer in algorithmically generated art distributed via blockchain technology. It was created by Larva Labs and released in June 2017. Actually, for the first time, it was released for free to any Ethereum network user. Currently, the least expensive CryptoPunks sell for around $78,000, and the entire collection has a market cap of over $801 million, according to facts from CoinGecko.
In conclusion, this partnership provides an exclusive opportunity for CryptoPunks owners to invest in a rare, unique opportunity to have tangible versions of their digital art collection. The collaboration with Avant Arte adds a new dimension to the CryptoPunks collection and takes the NFT ownership experience to a new level.