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.
Pudgy Penguins’ NFT sales have plummeted 52% in the past week,
The non-fungible token (NFT) project’s new token has had a lackluster debut in the early hours of trading.
Pudgy Penguins recorded $25 million in sales, while CryptoPunks had a weekly volume of $16.5 million.
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.
A Pudgy Penguins character integrates into Pixelverse, joining characters like Doge from Dogecoin and Mew from the Solana memecoin MEW.
