How do bitcoin punks & Onchain monkey inscriptions work?
Could you elaborate on the mechanics and significance of Bitcoin Punks and Onchain Monkey inscriptions in the cryptocurrency and NFT space? Specifically, how are these digital assets created, what value do they hold, and how do they interact with blockchain technology? Additionally, what are the unique characteristics and traits that make them stand out among other digital collectibles? Understanding the intricacies of these phenomena could provide valuable insights into the broader trends and innovations in the crypto and finance industry.