The Hypurr Genesis NFT was introduced as part of Hyperliquid genesis distribution event, which coincided with the launch of the HYPE token and the HyperEVM, an Ethereum Virtual Machine (EVM)-compatible layer within the Hyperliquid blockchain ecosystem. Eligible participants in this event had the option to claim both the HYPE token and the Hypurr Genesis NFT. The NFT serves as a commemorative item to celebrate this milestone, with some sources noting it has no commercial value in a traditional sense. However, its cultural significance and potential future utility have made it a notable asset within the Hyperliquid community.
