A little historical thread on Punycode NFTsπ§΅which were recently rediscovered by @Devotedwear and @n11stic
These are REALLY interesting, and OLD π€― so lest goπ
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These are REALLY interesting, and OLD π€― so lest goπ
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Age - The first Punycodes were created in 2011 on the Namecoin blockchain (the same chain as the Twitter Eggs).
With only 85 created in 2011 (see chart for numbers by year)π₯
π
Age - The first Punycodes were created in 2011 on the Namecoin blockchain (the same chain as the Twitter Eggs).
With only 85 created in 2011 (see chart for numbers by year)π₯
π
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On-Chain - Punycodes are special because this was the first instance we know of where visual assets - art, symbols, emojis, and text - were encoded onto a blockchain.
This was done using a language aptly named "Punycode" to store the images (example attached)
π
On-Chain - Punycodes are special because this was the first instance we know of where visual assets - art, symbols, emojis, and text - were encoded onto a blockchain.
This was done using a language aptly named "Punycode" to store the images (example attached)
π
4/6
Scarcity - As Punycodes quite possibly represent the first (loosely) assembled NFT collection, the number of pieces available is quite low, with only 3,255 for 2017 or earlier.
With 2011 pieces already trading for 11 ETH on Opensea the market for rare pieces has beenπ₯
π
Scarcity - As Punycodes quite possibly represent the first (loosely) assembled NFT collection, the number of pieces available is quite low, with only 3,255 for 2017 or earlier.
With 2011 pieces already trading for 11 ETH on Opensea the market for rare pieces has beenπ₯
π
5/6
I recommend that you continue researching before apeing in as prices can fluctuate wildly.
Here is the Opensea link to get you started but be VERY careful to make sure you know what you're buyingππΌopensea.io/collection/embβ¦
π
I recommend that you continue researching before apeing in as prices can fluctuate wildly.
Here is the Opensea link to get you started but be VERY careful to make sure you know what you're buyingππΌopensea.io/collection/embβ¦
π
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Follow @Punycodes2011 and jump in the Discord for otc trading, safe buying tips, and additional infoβπ»discord.gg/NMjZG2g7TM
Follow @Punycodes2011 and jump in the Discord for otc trading, safe buying tips, and additional infoβπ»discord.gg/NMjZG2g7TM
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