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.

CryptoPunk sells for 4,000 ETH ($12.41 million), sixth-most expensive ever
Nifty News: PayPal removes NFT protections, Adidas NFT sneakers and more
Singapore’s Financial Watchdog to ‘Follow Up’ on Global Binance Concerns

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
The Investor's Dream
The second "Visual Toy" about cryptocurrency and its universe that continues the exclusive collection on this theme. After the first Visual Toy, dedicated to the cryptocurrency itself, this visual toy is the other side of the coin. It represents, as its title tells us, the investor's dream, the current person and his financial hopes. A surreal fantasy of the dreams and longings of every investor, in this case the crypto investor. In this magical, happy and colorful dream, aspirations of all kinds intermingle, both the desire for great benefits, represented in a long animation that shows us a production cycle or series production that ranges from the gastronomic recipe of a two-ingredient cake. Bitcoin slice and Ethereum smoothie, passing through magic, represented in a fairy that transforms the cake into real money, which is sucked into a giant capsule to accumulate it and multiply it. The rest is full of investor aspirations, which appear in their dreams in the form of profits or screens that announce that values are rising steadily, as well as physical possessions, such as the sailboat, the helicopter, homes and other objects or possibilities. A dream full of happiness, fun and hope.
#85278
By OthersideDeployer
Surreal Punks 36
50 Surreal Punks 1OF1 limited Edition
The Blockchain
Symbiotic crypto-currency relationships
The Scion
A young figure caught in a moment of distraction, aware only ephemerally of his unconscious being, as it engages in psychological and psychedelic layer spaces. His right arm casually cradles a moray eel; the figure is comfortable but not truly aware of the potentials for danger in such negligence. His shirt reads “Bello” in Pokemon style font, harkening back to a childhood straddling the millennial threshold. To his right side, out of the unconscious deep, shrouded alien heads propagate as a fractal totem, each new iteration a more sophisticated rendering of emotional masking over the cold mystery of the greys. As the scion of the Budgie-Sattva, the young man, in his distraction, is also simultaneously aware of higher levels of self discovery. To his left a psychological topology sets beneath the oracle side of an 8 ball ,hovering; its message a purest concept of acceptance. The “Scion” lettering is in 80’s HeMan style bold declaration. The lower right side of the painting is like a hybrid of melon, feathers, and seeds. The crystals in the background bring light; conducted, refracted, reflected, and dispersed, to balance the dark shadow of the figure’s physical body. The aura of the scion succeeds in layers to point, with a finger, and the crown chakra, toward a center of a mandala existing as nigh pure application of strokes, in essence painterly abstraction, but also revealing hints of the Aura of migraine, and the bi-hemispherical nature of the brain–noting concerns of the possibility of inherited mental disease. Yet the flourish of chakra as it sets against that center is robust, active, coherent, and reveling against all fear. Fundamentally, the piece speaks to the activation of one’s potential to begin to “Know Thyself”, and find greater awareness out of the enigmas of the mind–as an inculcated seed given to the rich soil of one’s own birthright.