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phil
@philmohun
building @nodefnd @cryptopunks previously @brtmoments
0 Following    4.5K Followers
We have received a few messages about this section of recently. Previously, this section showed the state of all bids placed directly through the CryptoPunksMarket contract. Typically, there were a handful of bids open at one time. Since we rolled out Collection Bids ( active bids has expanded dramatically, both in $ and absolute terms. This section is still showing Punks with valid bids. The reason there are more is because people can now assign the same balance in their contract to multiple Punks. For example, if you want to place an 80 ETH bid on a Hoodie Punk, you can deposit 80 ETH once and then place many individual or trait bids with that 80 ETH. The section is sorted high -> low, so the Punk in the top left has the highest currently active bid. Hope this helps.
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i don't know david, and it doesn't bother me that he sold his @cryptopunks recently. but if i were to make a case for why someone should consider owning a punk, it would go like this: throughout history, there have been artifacts that symbolize the beginning of a new movement. and if you believe that new technologies unlock human potential and creativity, then cryptopunks are the clearest symbol of that belief within the world of cryptoassets the ethereum whitepaper outlined many of the core innovations crypto has established. prediction markets, decentralized finance, and the rest. all of the big winners in that category today are part of the ethereum industrial complex and in many ways blessed as "approved" use cases by the powers that be. cryptopunks, and the broader nft movement, were never part of the official plan. not in the whitepaper like prediction markets, defi and the rest. in many cases, ignored or shunned by the existing leaders within the ecosystem. given the amount of institutional capital that had to be poured into the canonical use cases to make them viable it is interesting that the digital collectible scene... didn't. it was a grassroots movement, built on top of a basic human psychological need to collect artifacts that have meaning. and you should never underestimate that. the shelf life of cultural assets is very long. and cryptopunks are growing more lindy by the day.
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