Wednesday, March 31, 2021

How to CryptoPunks Kickoff

Recently I became enthralled with CryptoPunks. These guys, gals, apes, zombies, and aliens are just fascinating. When I first saw them popping up across my Twitter timeline, my naive self couldn't believe that people were actually spending thousands of U.S. dollars on these pixelated beings. But the more I learned about them, the more interested I became, and now I'm convinced they're the future. But the point of this blog is not to convince you to invest in your own Punk--the point of this blog is to teach you how to invest in your own Punk.

When I finally came to my senses and decided to buy my first Punk, I realized that I had no idea what I was doing. Sure, I had traded Bitcoin and Ether on Coinbase before, but I had no idea how to actually go about making a direct transaction to acquire an NFT. I researched all over the internet but there just wasn't a comprehensive guide for how to go about spending the equivalent of a Tesla to acquire a 24x24 pixel art image. I was able to answer some of my questions thanks to some incredibly helpful users in the cryptopunks Discord, but those friendly people shouldn't have to answer the same beginner questions over and over again. And that's what this blog is for. To answer the frequently asked questions that the average first-time Punk buyer is going to run into.

As everyone in the industry will tell you, DYOR, or do your own research. While the concepts covered in How to CryptoPunks should steer you in the right direction, this blog should not be treated as a one-stop shop. Always do your own thorough due diligence.

If you have any comments or topics that you think would be helpful for me to cover, feel free to shoot me a note @wahoowaaa on Twitter. Enjoy.  

1 comment:

  1. can you post something about how to make it so you can see your punk in your hardwallet (where to find address). And, if possible, how to list/sell your punk from your hardwallet. much appreciated, this guide was excellent

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