CryptoPunks was released in June 2017. It can be understood that he is the ancestor of NFT and inspired the establishment of ERC-721. Bayc (Boring Ape) will be released in May 2021. Unlike Punks, Bayc gives holders great rights and interests. Holders can participate in various activities organized by the project party and use the NFT you hold for commercial purposes. , including the apecoin airdropped later, etc., he has given the holders great rights and returns. In fact, punks and Meebits are both projects of larva Labs. They have been criticized for their backwardness in copyright, that is, the holder cannot own the complete copyright. Later, Bayc bought all the commercial copyrights of punks and Meebits, and gave the copyright to the holder free of charge.