I was quite surprised when browsing the trending page the other day to find out that Hive was getting their own Punks. After the rise in popularity of the original Crypto Punks there's been a lot of copy cat projects popping up. While many of them are just that there's also a lot of them who just use the original Punks as inspiration and that's what I feel was done with the Punks on Hive. Also they're the first punks to ever be on Hive!
With a price tag of just 20 HIVE during Hive Fest I decided to jump on this and get some for myself. I'm not missing this chance to be a part of NFT history on Hive. I minted them just as I was about to leave the house for a few hours so I wasn't able to see them until several hours later. I was quite excited to get home and get a look at them. Let's check them out:
Anya Moss, Brewmaster
ID: 2760
Rarity: 275
One of 356 brewmasters. Quite a standard one with quite a common trait spread. The only item standing out here is the fishermans hat which only 73 Punks have in total. Not to bad. There's also the Blue Eye Shadow worth mentioning, a trait only shared with 134 other Punks.
Wes Eaton, Costume Designer
ID: 2758
Rarity: 216
One of 284 costume designers. There's not a lot to say about the traits on this guy either. The beanie is the item that stands out the most, being 1 of only 77. The Nerd Glasses come in second place with only 311 others existing. I do like that this guys looks match his job though.
Ermias Rosa, Bartender
ID: 2759
Rarity: 169
A minimalistic one but also the one I like the most. He has a clean look. There's only 126 other cigars out there and 276 other shadow beards. Apart from that the rest of his traits are in the thousands. He's one of 308 bartenders so if all of the Punks on Hive ever throws a party he can team up with the brewmaster for some brews and the costume designer for some big time party planning.
Jakob Singh, Park Ride Tester
My least rare punk but perhaps the one that stand out the most. He has quite light skin which is in contrast to the strong colors of his glasses. Only 372 other glasses like that and he's one of 280 Punks with a goatee. This guy looks like a Park Ride Tester alright.
So that's mu Hive Punks. No rares one but that's fine. I never go into an NFT project expecting anything. If I did that I would have been disappointed quite a lot.
One thing that does disappoint me though is the current distribution of the Punks on Hive. @dalz made this post earlier today where he pulled out some stats about the distribution after the Punks all sold out.
Apparently there's 10 accounts who hold 35% of the total supply with two accounts holding more than 800 punks each. Not to thrilled about that if I'm being honest. With such a cheap price I wish the developers had went to at least some lengths to secure a fair distribution to as many Hive users as possible. There's only 496 owners right now. I wish this had been in the thousands even if it meant a slower sellout.
I hope those Punk whales don't just sit on them forever but actually uses them to build a community around the punks. I hope they allow non punk owners to get in on this without having to empty their wallets. Luckily there's quite a few sitting on the market for just above minting price already.
Ranting aside I can once again say that I was thrilled to see this happening on Hive. Alongside the Bees I'm excited to see the future of NFTs on Hive. With out feeless blockchain I'm sure we could one day blow Ethereum out of the water.
Punk on!
All images in this post are screenshots taken by me.
I am always trying to be up to date in the tech world ... after all, it's my job to be up to date.
But this NFT-thingy, I still can't get my head around it :D
Seeing small images beeing sold for (occasionally) big money goes beyond my understanding. Thus said, I also can't understand that real-life art is beeing sold for millions, so maybe it's just me ^^
However, at this price tag I think you made a good deal and I am curious how all this is going to develop in future. Maybe it's going to be the next big thing in the crypto world.
It's basically just tokens that has art attached to them. The quality of the art and the community around them are what gives them value. Some of them also have a bit of utility like the Rare Ghost Club where owners are members of a club which will grant them several real life privileges like being invited to private parties with the creators, access to exclusive merch and other stuff.
I think trying to limit how many of something that people can buy in the crypto space goes against a lot of what draws people to crypto. Good thing with some of the whales that bought up a lot of the punks is that they are involved with a lot of gaming and other stuff on Hive, so I am sure they are going to do what they can to help bring value to their purchase.
Yeah I can see both sides. Was just kinda disappointing seeing Hives first big proper NFT project being consumes by all the whales.
My favorite of yours is definitely 2759. The dude looks like he really is a bartender and chill af too.
I was psyched about this whole project when I first noticed it as well. I now have the same concerns about distribution. Hopefully, some will sell for a small profit instead of holding for an eternity and not giving those who missed out on minting a chance to get a punk.
Yeah he's really chill! I would definitely hang out in this guys bar. It's a shame it turned out that way but let's just hope it doesn't matter and the Hive Punks will have a bright future!
Looks like some weird ass game but still looks awesome, congrats :D