20/08/2021 PUNKS Comic: What You Should Know About This Surging NFT That's Attracting Venture Capitalist Money

 

Volume and demand for non-fungible tokens have been surging. One project that is climbing up the leaderboards is PUNKS Comic, an NFT comic series drawn by Marvel and DC Comics artist Chris Wahl.

A burning mechanism, new NFT launch and more items for PUNKS are attracting venture capitalists to the NFT.

What Happened: Loup Ventures, a research-driven venture capitalist firm known for bullish calls on Tesla Inc (NASDAQ: TSLA), Apple Inc (NASDAQ: AAPL) and other technology stocks shared thoughts on NFTs and the hype of PUNKs in a weekend email.

“Anyone who bought a PUNKS Comic in early July is up over 4x in Ethereum (CRYPTO: ETH) terms and more in fiat given the appreciations of ETH,” Loup managing partner Doug Clinton said.

Clinton saw PUNKS Comic as a “no brainer” investment for NFTs because of the NFT boom and the potential of the project.

“When an NFT creates a return stream to the owner, the NFT can be valued on tangibles rather than intangibles.”

Clinton compares valuing an NFT such as PUNKS similar to buying a share of Apple based on a valuation of future earnings instead of YOLOing AMC Entertainment Holdings Inc (NYSE: AMC) based on it being a “meme stock.”

PUNKS Comic was launched by Pixel Vault and in May could be minted for 0.2 ETH, or around $720 at the time.

“That may seem like a lot for a comic but not when you consider the future cash flows it could generate,” Clinton said.

Pixel Vault builds a mechanism that provides future assets for the owner. Owners of PUNKS can stake or burn their comic after purchase. Staking a comic gets a user $PUNKS tokens over a 24 month period and fractional ownership of 16 CryptoPunks valued at 600 Ethereum when the comic launched.

Users who burn the comic get a Founder’s DAO, which gives ownership of $PUNKS tokens and other crypto assets.

In July, a new NFT project called Metahero was announced by Pixel Vault. Anyone who owns a PUNKS Comic can purchase a Mintpass that can be exchanged for a future Metahero.

Arts

https://finance.yahoo.com/news/punks-comic-know-surging-nft-155159502.html

Interesting NFTs
RTFKT x Nike Dunk Genesis CRYPTOKICKS
Introducing the first RTFKT x Nike Sneaker NFT, the RTFKT X Nike Dunk Genesis CRYPTOKICKS Sneaker
The King
Part of a series of three artworks entitled "The Rulers". Inspired by the rulers of the animal kingdom, african mandalas & diamonds. A very complex digital illustration, each lion consists of hundreds of custom diamond shapes. Each background is an intricate custom mandala that compliments the lions facial features.
Alex in Wonderland
A figure, Alex, stands mostly naked in the midst of a physical and psychological maelstrom. He is clad only in nostalgic 80’s era socks, on a tenuous island between active waters and a variety of shark denizens. Sharks on the right side of the image are all beached, including a shark with a quartz crystal snout, an orange shark wrapped in a life buoy, and a shark further in the distance wearing an 80’s style shirt with the number “88”. On the left side is the largest shark, wearing bright glossy red lipstick and brandishing prominent teeth with braces. She is cordoned off from the figure by a roped float divider, and within her thought bubble is a warning symbol. Behind the figure, hovering in the air, are Grey aliens emerging from the distance, out of a series of elliptical UFO shaped interdimensional membranes. The Greys take on the visual form of spermazoa ostensibly impregnating the interdimensional thresholds. As is typical, these Greys inhabit a zone just behind the unconscious topology of Alex’s dissociative mind. Though Alex’s bottom half is representative, his top half mutates into a psychological cornucopia. In a manner akin to “Auto-Erotic Sphinx”, a predecessor work, the figure has self suctioned—an act of sensual infatuation, enjoyment, and exploration. Upward exists the figure’s primary conscious eye, adorned with a revolutionary beret emblazoned with a Bitcoin badge. The figure’s summit features the nose of a fighter jet facing off against video game Bullet Bills, one of whom is marked by a communist North Korean star. A cropped section of a UFO observes the contest. Alex’s mind branches both left and right. To the left is more singular embodied consciousness, manifesting two eyes and a Ganesh trunk grasping crayons. The right branch dissociates upward diagonally, emerging into an array of eyes, faces, teeth, tail, a unicorn horn, and much more—all of which participate in expressing his unconscious being; a democracy of psychic factions representing thought impressions and associations. All illumination and darkness– fernal, infernal, high consciousness and corporeal underbelly–reside in this realm. In the distance are relatively languid, light clouds, and against the firmament hovers a colossal distant eye peering over the scene and far beyond. This painting possesses underlying genetic traits with previous works such as “Auto-Erotic Sphinx with Toys”, “Dionysus”, and “Fuku-Shiva”. The work serves also as a nod to an earlier period of art inspiration during late teens and early twenties— born out of the nakedness, vulnerability, curiosity, and wonder inherent to coming of age and all subsequent psychedelic revelation.
Forms of Love
The ever changing piece, that took you to understand the 10 forms of love. attach string to each of it,connect and try to understand it. how do you perceive it? it's up to you, it's part of me but also part of you at the same time. just don't use logic too much, we never live there anyway from the start.
#54165
By OthersideDeployer