CryptoPunks 'have changed the history of art,' says panel at Sotheby's auction

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CryptoPunks 'have changed the history of art,' says panel at Sotheby's auction
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Hodl on! A 104 CryptoPunks auction gets canceled at the last minute after the owner changed its mind, ultimately resulting in a live panel on NFTs.

When asked about the early history of Larva Labs and CryptoPunks, Rabinovitz, who produced a documentary about the team in 2018, began by lauding CryptoPunks as the first project"to get everything right." From the aesthetics to its marketplace, Larva Labs"sprinkled their magic" on an experiment to test digital ownership.

Schachter, on the other hand, discovered NFTs and CryptoPunks much later in 2020, admitting he didn't like it at first."I think one of the most important things in life is to relate and try to understand why you don't like what you don't like," he said, adding that he eventually learned to fall in love with CryptoPunks. He explained:

Colborn then chimed in to point out that even though Schachter doesn't own a Punk, he embodies the spirit of one. According to Colborn, Punks represents people who are fearless, who speak their minds, who let their values be known and recognize that change is possible.

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