Dfinity’s Internet Computer has said that it will release 10,000 non-fungible tokens (NFTs). The users are eligible to claim their free token on September 1, 2021, at 8 pm UTC. The platform’s clown-based collectibles are somewhat inspired by musical duo Insane Clown Posse, and the early nonfungible token (NFT) project, Cryptopunks.
Conceptualized by Adam Stępnik, alongside brothers Przemek and Tomasz Chojecki, the three were inspired to develop the avatars following some acronym comparisons to the 90’s hip-hop duo Insane Clown Posse. All this resulted in the overwhelming success of the legendary Cryptopunk NFTs.
After a series of exclusive early releases, it is anticipated that just 3,000 punks will be available to claim, one per user, at the time of release. Reporters spoke to the co-founder of the project, Przemek Chojecki about his anticipation for the NFT drop:
“We’re incredibly excited for the launch of ICPunks on the Internet Computer. The NFT space is moving at such a rapid pace, it is amazing to be part of it. We have a lot of plans for ICPunks, including an NFT Marketplace, this is the first step towards that.”
Internet Computer is a crypto token (ICP) that enables users to create applications, sites, and digital services. The alternatives to popular social media networks including WhatsApp, Medium, Linkedin, and community-driven websites like Reddit have already been developed by community members.
Based on a recent tweet, the ICPunk plunge has garnered significant attention from the cryptocurrency community, with the analytical data reporting 89,000 visitors to the NFT’s site since it went live. Chojecki commented on the recent Dfinity partnership:
“We have been following DFINITY’s work since 2017. We believe the Internet Computer is the best solution for NFTs. One of the benefits of the Internet Computer is that all information is stored on-chain. There is no need to use IPFS or dedicated web servers to host images. It’s truly a decentralized NFT solution.”
The nonfungible market has now recorded considerable growth over the last year after an exceptional list of reputable brands, public figures, and celebrities contributing to the space. In the past week, reports came up that credit card behemoth VISA made an official statement NFT purchase of a $150,000 Cryptopunk.
Earlier this week, Japanese tennis star Naomi Osaka announced her collection of NFT tokens in the lead-up to the United States Open championships.