Which NFT collection was created by Larva Labs in 2017?

CryptoPunks is the NFT collection created by Larva Labs in 2017.

The collection consists of 10,000 algorithmically generated pixel-art characters, each recorded as a unique token on the Ethereum blockchain. Larva Labs, founded by Matt Hall and John Watkinson, initially offered the characters for free to Ethereum users who paid the required network transaction fee.

CryptoPunks helped establish the profile-picture NFT format and became one of the best-known early digital-art collections. The characters vary in attributes such as hairstyles, accessories, and facial features, which creates different levels of rarity within the fixed set.

A common mix-up is confusing CryptoPunks with Bored Ape Yacht Club, another prominent profile-picture collection launched later by a different creator. In March 2022, Yuga Labs, the company behind Bored Ape Yacht Club, acquired the intellectual property rights to CryptoPunks from Larva Labs, while the collection itself remained a set of Ethereum-based tokens.