PHUNKS PHACTS
The satirical Storyboard based on CryptoPhunk matter
Phunks Phacts is an illustrated storyboard birthed with the goal of making the conceptual art of the CryptoPhunks and NotLarvaLabs easier to approach and understand. Through the power of satirical illustrations, this project aims to make this matter more accessible to everyone and to convey its message in a direct, funny, and provocative way.
The illustrations are 100% digitally hand drawn by me; an Italian illustrator and Phunk holder. My satirical illustrations work to create a storyboard that chronicles the most relevant matters of the CryptoPhunks story. However, the story does not end with me – thanks to the use of a Creative Comm ons CC0 license, my illustrations and even the entire storyboard are available for free use by the community.
June-21–2021
Migration to v2 Contract v1 Contract Deprecated
The CryptoPhunks dev team redeploys the PHUNK token on a v2 contract to shed the bonding curve pricing locked into the v1 contract
June-21–2021
Acting alone, Nate Chastain takes it upon himself to delist the CryptoPhunks collection on OpenSea
June-23–2021
The CryptoPhunks dev team changes the project name to «Not Punks» and adds rarity borders to make them more derivative, and Nate Chastain relists the CryptoPhunks project on Opensea
June-29–2021
A team of OpenSea employees decides that CryptoPhunks are still not derivative enough and delists the collection on Opensea for the second time
July-02–21
10,000th CryptoPhunk is minted
CryptoPhunks Sell Out!
All 10,000 Phunks minted.
621 unique holders at sell out. The next day, OpenSea relists the CryptoPhunks collection for the second time after facing backlash from Phunks and other members of the NFT community
July-13–2021
CryptoPhunks are the first project to receive a DMCA from LarvaLabs and OpenSea delists the collection for the third and final time
July-15–2021
Notable punk owner, 4156, trades CryptoPunk 4986 for CryptoPhunk 4156.
4156 would later sell their titular Punk for 2500 Ξ, saying on the same day, “Blockchain is a technology that’s purpose-built to facilitate censorship resistance. Copyright is a technology that’s purpose-built to facilitate censorship. It seems extremely unlikely that they will be compatible in the long-run.”
4156 still owns CryptoPhunk 4156
July-20–2021
Foundation Letter to LarvaLabs. Anonymous devs disappear
The CryptoPhunks dev team publishes «Phunk is Punk – A Letter to Larva Labs» on Foundation.
Unwilling to counter the DMCA from LarvaLabs, the CryptoPhunks dev team leaves a cryptic announcement in Discord, empties the project wallet, and disappears
Nov-02–2021
A group of phunk community members launch NotLarvaLabs.com, a fee-free marketplace for buying and selling CryptoPhunks
Nov-13–2021
Phunks Stolen Through OpenSea Exploit
Although the CryptoPhunks collection had been delisted from OpenSea, a back door exploit allowed people to buy Phunks for the last price they were listed for.
Many Phunks were stolen for a small fraction of the floor price at the time.
OpenSea’s response was to minimize and bury the existence of the exploit, and offer those affected hush money.
This exploit still exists today.
OpenSea has done nothing to fix it.
Apr-13 – 2022
OpenSea reslists the CryptoPhunks collection after receiving a DMCA counter notice from the CryptoPhunks community
May-12–2022
After being discovered by members of the Phunks community and attempting to brush it off as “I was learning,” ZAGABOND – the original CryptoPhunks creator – relinquishes control of the CRYPTOPHUNKS v1 and v2 contracts, 490 CryptoPhunks, and 497 Philips back to the Phunks community.
A customized contract
Discover more about the customised contract on ETH blockchain clicking here
Copywriting: Dennis Wells
Illustrations: William Daloiso
Review: Egg Boi — Lollo169