During the previous wave of Bitcoin inscriptions, besides the fervent Bitcoin inscriptions, the Ethereum ecosystem also experienced a ripple, giving birth to a relatively well-known but niche inscription project called ETHS and the later derivative facet.

Regarding the ETHS project, many readers had asked me for my opinion in the comments section at that time.

Time really flies, and it's quite a lament.

I wonder if those readers who left comments back then still remember this project? Do they still pay attention to the crypto ecosystem?

Although the ETHS and facet projects eventually faded away quietly, those who love to tinker will never stop tinkering.

Now, their founder has launched a new project called slonks (slonks.xyz).

This project combines CryptoPunks, AI, and Uniswap V4 Hook.

First, it uploaded a micro AI model (a 22.7KB transformer) to Ethereum (making the model impossible to delete). Then, it fed ten thousand CryptoPunk avatars to this model, allowing it to regenerate ten thousand Punk NFTs as closely as possible to the original images.

Since these new ten thousand Punk avatars are generated by AI, but not exact copies, each new avatar (slonk) will have pixel differences from the corresponding original Punk avatar. This difference is the source of the token (SLOP).

For example, if the new Punk and the original Punk have a difference of 24 pixels in the avatar, then the holder of the new Punk can theoretically receive 24 SLOP tokens.

How to obtain the tokens?

The holder can send the new Punk they possess to the project's void to receive 24 SLOP.

Conversely, if a holder of SLOP sends the token back to the void, they can auction it to receive a new Punk.

The project also offers another type of gameplay, requiring two new Punks to be provided simultaneously, one as a survivor and the other as a donor. These two can be merged together, burning one to form a new Punk, which will have more SLOP tokens.

Thus, theoretically, as the number of merges increases, the remaining slonks will only decrease. In extreme cases, the system could end up with only 1 slonk left.

This project has three main highlights:

First, it is based on CryptoPunks.

The founder previously wrote ten thousand CryptoPunks to the Ethereum mainnet before creating ETHS using Ethereum inscriptions.

This time, he has done it again with CryptoPunks.

It seems his love for Punks is deeply ingrained.

Second, he has written the AI model onto Ethereum.

I wonder if this is the first person to do this since the advent of large models? It indeed shows a burst of creativity and imagination.

Third, he realized three key technologies using Uniswap V4 Hook: merging survivor and donor Punks, exchanging NFTs (slonks) for tokens (SLOP), and using tokens (SLOP) to swap back for NFTs (slonks).

This innovation is fantastic.

However, from an investment perspective, is this NFT (slonks) worth long-term investment?

I still evaluate it using the two standards mentioned in the UniPeg article:

- Can it become an irreplaceable and indelible “first” like CryptoPunks?

- Can it form an ecosystem, thus enabling it to maintain or even increase in value?

In short, my conclusion is:

I still believe it will be challenging to meet either of the two standards mentioned above.

Writing this reminds me of a comment from a reader on the UniPeg article. He asked, from the perspective of emotional value, how does UniPeg fare?

This question can also be applied to this project.

Recently, I read a good book that explained this question well and addressed some confusions that had troubled me for a long time.

I will share this with everyone in future articles.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。