A valuable Cryptopunk NFT is to be split as more than 56,000 addresses sign up for the share.
Non-fungible tokens (NFTs) continue to capture the imagination of the cryptocurrency space, attracting hundreds of millions of dollars from investors in most of famous projects. Projects such as Cryptopunks and Bored Ape Yacht Club incorporate the distinctiveness of the most profitable collections, each NFT far from reach to the average investor.
A new campaign aims to give stake in some of the most profitable NFTs by divestment of ownership to restore access to a wider base of investors. The Unique Network, an NFT infrastructure running on the Kusama and Polkadot networks, will split the ownership of Cryptopunk among more than 56,000 addresses that have signed up for one share.
As Unique Network CEO Alexandre Mitovich stated ,the campaign offers users the opportunity to participate in an extremely relaxed environment:
“This represents an exciting moment for interoperability. With our division of Cryptopunk #3042 we are ushering in a new era of NFTs that are accessible, exchangeable and can be shared across chains, and at a cost on the part.”
Cryptopunk #3042 was bought by Unique Network in June 2022 for 46.95 Ether (ETH) ($82,000) as the cryptocurrency market dived to an annual low. NFTs were initially for $16 in November 2018, before Crypto-Punks became one of the most exclusive Ethereum-based projects in the ecosystem and trail-blazers for crypto-arts and NFTs.
This news is published and verified by the NFT News media team.
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