Yuga Labs faces backlash over CryptoPunks IP sale rumors
A DAO proposal to transfer CryptoPunks IP to the community gains attention amid growing discontent over Yuga Labs’ rumored plans.
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A DAO proposal to transfer CryptoPunks IP to the community gains attention amid growing discontent over Yuga Labs’ rumored plans.
Yuga Labs hasn’t confirmed or denied rumors that it is selling the IP rights to CryptoPunks, the world’s most valuable NFT collection.
Pudgy Penguins recorded $25 million in sales, while CryptoPunks had a weekly volume of $16.5 million.
The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.
CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value.
Several PolitiFi and animal-themed memecoins continued to soar in the second quarter despite the broader market downfall, which NFTs were a part of.
Wylie Aronow said he’s been seeing a number of tweets this week asking when he’s planning to return to the helm at Yuga Labs. Nonfungible […]
Online art store Avante Art is offering print copies of CryptoPunks for the next 48 hours through a partnership with CryptoPunks brand owner Yuga Labs. […]
