CryptoPunk is the hottest NFT Hype of 2021. Created by Larva Labs, with founders Matt and John. It started off as an experiment when they were playing around with a pixel character generator. It essentially created 10,000 random punk characters, each having their own unique style, theme and personality.
Little did they know, after Mashable, published their project on their website as this cool NFT project Story called “Crypto Punks”, within hours, the entire collection of 10,000 Crypto Punks were sold and claimed by users. While, it was given away for FREE, buyers only had to pay a small gas fee to claim the punk characters.
Today, an average CryptoPunk will cost you over $100,000 dollars and the most expensive Crypto Punk ever sold was CryptoPunk #3100 that sold for a whooping $7.58 Million Dollars. Don’t feel that it’s over yet, because the hype is still on.
The last time that is six months ago, I felt like it’s too late to buy a Crypto Punk, because the average price back then was between $10,000 to $30,000. Now that’s pretty expensive too. But today, the average price is over $100,000, some punks being bought for more than $300,000 dollars.
FIRST CREATE A CRYPTO WALLET
The first step to buy a Crypto Punk is to create a Crypto Wallet. CryptoPunks are sold in ETH or Ethereum Crypto Currency. Before you can even think of Buying a CryptoPunk, you’ll need to have something that you can purchase with.
That is CryptoCurrency and the Cryptocurrency which we will be using is ETH or Ethereum.
Now you cannot just get Ethereum, you’ll need to store Ethereum somewhere right. That’s where Crypto Wallets come in.
Cryptowallets help us store Cryptocurrencies, additionally, we can also use them for sending or receiving Cryptocurrencies. Today, Crypto Wallets like MetaMask allows us not only store Cryptocurrencies but also buy and sell Cryptocurrencies.
You can create a MetaMask Account and Wallet in these easy steps:
- Go to https://metamask.io/ and click on “Download Now”.
- This will take you to a page where you will have to download the Metamask browser extension for Chrome.
- Click on “Install Metamask for Chrome”.
- Next, click on “Add to Chrome”.
- Click on “Add extension”.
- Creating an Account – The next step is to create an account on MetaMask.
- On the Top right Corner of the screen, you’ll see a MetaMask Icon – Click on that
- To Install MetaMask, click on “Try in Now”.
- Click “Continue”
- Create a Strong Password for your MetaMask Account
- Click Next and Accept the Terms and Conditions
- Click on “Reveal Secret Words”.
- You will be give a 12 Secret Words Phrase that you can use to unlock/recover the account anytime if you lose your password or account details. (Keep it safely).
- Verify that you have safely stored the words by “Solving a Quick Puzzle”.
- That’s it, you MetaMask account is ready!.
How do I add money to my MetaMask wallet?
In order for you to Purchase an NFT or CryptoPunk, you’ll need some cash in the form of Cryptocurrencies, specifically ETH. Which means you’ll need to buy Ethereum(ETH) from MetaMask using real US dollars. You can do all of this by following the steps below:
- Download the Official Metamask Mobile App from AppStore or Google Play Store.
- Import your Wallet using the seed phrase and Login using your Password.
- From the Homepage, you should see four options, “Receive”, “Buy”, “Send”, “Swap”
- Click on “Buy” then Buy ETH using a Bank Transfer
- Swipe through the introduction pages and select “Continue to purchase ETH”
- Enter the amount you’d like to add in $USD and the coin that you want to Buy (ETH).
- Click on “Buy Now”.
- Enter your Email and Verify with a Verification code that comes in your Email.
- Enter your card details and complete the purchase.
- That’s it!, you have successfully added funds to your MetaMask Account.
How to Buy Cryptopunks NFT?
Now that you have finally created a MetaMask account and also added funds to your MetaMask account, it’s now time to actually buy your first Crypto Punk.
CryptoPunks no doubt is one of the best investments to make in the NFT world. It’s famous, everybody knows about it and it’s value keeps increasing day after day. Which means it’s never too late to invest in Crypto Punks.
Just 6 months ago, the average value of a single Crypto Punk was $10,000 – $35,000 dollars USD. That was between November 2020 – March 2021. Believe it or not, today (August 2021), an average Crypto Punk will cost you over $200,000 dollars USD (No Kidding). With the lowest possible price of $150,000 dollars. Now that’s a 1400% increase in value of a single purchase of CryptoPunk. Infact, this is just the lowest possible amount estimated. The actual increase in value is more than 2000%.
Buying a CryptoPunk is easy.
First make sure that your browser is connected to your MetaMask account.
Once that’s taken care of, just open the CryptoPunks Official Site.
You can now browse through the Punk Characters. You can also check the types and attributes of CryptoPunks. A detailed guide to the entire CryptoPunk Project is properly written in this article. It might be really helpful for you so do read it – “What are CryptoPunks?
You can go to the “For Sale” section where you will find about 1119 Punk characters that are currently available for sale.
You can browse the collection and check all the cool stuff in there. After you’ve decided which Punk Character you are finally going to purchase, simply click on them and you’ll see a buy/bid option on their page.
After that it’s just a matter of using MetaMask to complete the purchase and you successfully purchased your first CryptoPunk!.
Now, what if you would like to create your own NFT’s or Digital Art like CryptoPunks. Believe it or not, there are NFT creators who create amazing art without ever touching a paintbrush or using the Pro Create Tool on iPad.
Logan Paul, who is one of the most successful NFT artist has done it and so did Gary Vaynerchuck.
How do they do it?
They simply hire a Digital Artist who can create art for them.
Websites like Fiverr.com allow us to hire talents from thousands of services from Copywriting, Digital Marketing and in our case, Design and Art. From Fiverr.com, you can easily find a talented artist who can create Art for you, that which you can turn into an NFT.
So, don’t be demotivated and cancel your dream of creating and selling your NFT, you too can actually create NFT’s just by making someone create art for you!.