tldr; CryptoPunk is the number 1 NFT by volume, floor price, and market cap in the history of the blockchain. Launched by Larva Labs in June 2017, CryptoPunks consists of 10,000 8-bit-style, low-resolution images of so-called punks. The individual CryptoPunk profile pics were not stored on-chain in any capacity. The original smart contract didn’t even store the composite image itself.
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