Wrapped Cryptopunks
Wrapped Punks are ERC-721 tokens, each one backed 1:1 by an original Cryptopunk by Larva labs. [2]
Wrapped Cryptopunks is a smart contract that converts the original Cryptopunks by Larva Labs into standard ERC- 721. Once a Cryptopunk is wrapped, it can be converted into cash, and also be listed in marketplaces like Opensea and Rarible or NFTfi[1]. [3]
An ERC-721 CryptoPunk can be easily converted back into its original ERC-20 form. The wrapping and unwrapping processes take place on Wrapped PUNKS[6] and can be done with a MetaMask wallet containing a CryptoPunk. [5][7]
Cryptopunks
Cryptopunks are Non-Fungible Token (NFT) collections created on Ethereum (ETH) and inspiration for the ERC-721 standard that powers most digital art and collectibles. The collection was founded by software developers Matt Hall and John Watkinson in 2017. [9]
The CryptoPunks are 24x24 pixel art images that were generated algorithmically. Most are punky-looking guys and girls, but there include a few rarer types mixed in apes, zombies, and even the Alien CryptoPunk. Every punk has its own profile page that shows its attributes as well as its ownership/for-sale status. [10]
In March 2022, Yuga Labs acquired Cryptopunks and Meebits from Larva labs. [8]
