It is actually built on Hive-Engine's NFT smart contract.
All buys & sells of punks are recorded on Hive-Engine not Hive
The front-end website does connect to Hive for user Auth and to allow you to use Hive to purchase Punks.
I have some and love them, but just want to be clear of how the tech actually works.
Yes I was trying to explain this to someone earlier today its quite amazing what we have accomplished here and it will only continue to grow in the future.
Thank you so much for clarifying. Do you know of a place to learn more? I'm glad they didn't name them Punks on Hive Engine, lol.
If you want to read up on Hive-Engine they have a discord.
It all depends on how deep you want to go