Sign up to save your podcasts
Or
Share Did someone draw every single one of the 10000 cryptopunks? - Crypto in Plain English - Episode 102 - by cryptohunt.it
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Did someone draw every single one of the 10000 cryptopunks? - Crypto in Plain English - Episode 102 - by cryptohunt.it
Did someone draw every single one of the 10000 cryptopunks?
Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.
Have you ever asked yourself how it is possible that there are 10,000 cryptopunks, or 10,000 bored apes? Is there someone out there, creating every single NFT, day in day out, until they are finally done?
Welcome to the strange new world of NFTs, where the traditional rules of art creation are challenged constantly.
You might have already guessed, but the answer is: Of course not. That would be an awful lot of work, even for just 100 of them.
Your keen eye will have noticed something though: These cryptopunks all look strangely similar. And that’s right! The secret method used by NFT artists is called permutation, where a computer program mixes various different parts of the artwork in many combinations.
Let’s say you wanted to dress differently for an entire week. Strictly spelling, all you would need, are two different t-shirts, two sets of pants, and a pair of glasses. But how is that possible? Those are only five items and anyway, you can’t just wear your t-shirt as pants!
The key is in combining them uniquely. Monday: Blue pants, white shirt. Tuesday, blue pants, blue shirt. Wednesday, blue pants, blue shirt, glasses. And so on. You can actually squeeze eight combinations out of those original 5 items. Add an extra shirt, and it’s 12. Another set of pants, 24.
In NFTs, the pants or shirts are called traits. All traits combined can be mixed into a full picture: For example: mustache or no mustache. Different pants. Zombie head or normal head, various hairstyles.
A simple computer program overlays all of these, and the more traits you have, the easier it is to get to 10000 or even way more NFTs in no time. All it takes then is the click of a button and a few seconds.
Mind blown? Add three pairs of shoes to our example – how many combinations do we get? Send us an email to [email protected] and we’ll send 100,000 Lizard Coins to the first correct answer.
Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.
View all episodes
By cryptohunt
5
44 ratings
Did someone draw every single one of the 10000 cryptopunks?
Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.
Have you ever asked yourself how it is possible that there are 10,000 cryptopunks, or 10,000 bored apes? Is there someone out there, creating every single NFT, day in day out, until they are finally done?
Welcome to the strange new world of NFTs, where the traditional rules of art creation are challenged constantly.
You might have already guessed, but the answer is: Of course not. That would be an awful lot of work, even for just 100 of them.
Your keen eye will have noticed something though: These cryptopunks all look strangely similar. And that’s right! The secret method used by NFT artists is called permutation, where a computer program mixes various different parts of the artwork in many combinations.
Let’s say you wanted to dress differently for an entire week. Strictly spelling, all you would need, are two different t-shirts, two sets of pants, and a pair of glasses. But how is that possible? Those are only five items and anyway, you can’t just wear your t-shirt as pants!
The key is in combining them uniquely. Monday: Blue pants, white shirt. Tuesday, blue pants, blue shirt. Wednesday, blue pants, blue shirt, glasses. And so on. You can actually squeeze eight combinations out of those original 5 items. Add an extra shirt, and it’s 12. Another set of pants, 24.
In NFTs, the pants or shirts are called traits. All traits combined can be mixed into a full picture: For example: mustache or no mustache. Different pants. Zombie head or normal head, various hairstyles.
A simple computer program overlays all of these, and the more traits you have, the easier it is to get to 10000 or even way more NFTs in no time. All it takes then is the click of a button and a few seconds.
Mind blown? Add three pairs of shoes to our example – how many combinations do we get? Send us an email to [email protected] and we’ll send 100,000 Lizard Coins to the first correct answer.
Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.