blockchain

CryptoPunks' Fire Sale: Is This the End of the NFT Dream?

CryptoPunks' Fire Sale: Is This the End of the NFT Dream?

The news hit the NFT world like a digital asteroid: Yuga Labs, the behemoth behind Bored Ape Yacht Club, is offloading CryptoPunks to the Infinite Node Foundation, a non-profit. At first blush, that seems nearly altruistic, a nod to saving art. But dig just a little bit deeper, and a...

CryptoPunks to a Non-Profit: What Does This Mean for NFTs?

CryptoPunks to a Non-Profit: What Does This Mean for NFTs?

It’s like a neverending roller coaster world of Non-Fungible Tokens (NFTs), where the biggest stimulus is one that determines where it goes. A recent example would be the sale of CryptoPunks to a non-profit organization. This article explores why this sale represents a positive sign for the broader NFT marketplace....

CryptoPunks' New Home 5 Reasons Why This Matters To You

CryptoPunks' New Home 5 Reasons Why This Matters To You

Okay, the news is out: Yuga Labs, the titans behind Bored Ape Yacht Club, just offloaded the CryptoPunks IP to the Infinite Node Foundation (NODE), a digital art non-profit. At first glance, it seems… fine. This change has some significant consequences. To all NFT lovers, artists, and investors, this is...

CryptoPunks Find New Home: Yuga Labs Sells IP to NODE Foundation

CryptoPunks Find New Home: Yuga Labs Sells IP to NODE Foundation

The space of NFTs is rapidly evolving. These major changes can cause ripples across the digital art and blockchain communities. On further inspection, this is a clever move by Yuga Labs. CryptoPunks IP is sold. This decision sailed through the Node Foundation and became an extraordinary moment in industry history....

CryptoPunks Royalties The Shocking Truth Yuga Didn't Want You To Know

CryptoPunks Royalties The Shocking Truth Yuga Didn't Want You To Know

Royalties. The lifeblood of the NFT ecosystem. The promise that all creators and holders can earn value together through the ongoing success of a project. They’re the digital dividend, the innovation incentive, the reward for the early true believer. What happens when that promise is renegotiated? When those rules change,...

CryptoPunks Find New Home as Infinite Node Foundation Takes Custody

CryptoPunks Find New Home as Infinite Node Foundation Takes Custody

CryptoPunks, one of the original and most prestigious NFT collections on the Ethereum blockchain, now sits under the stewardship of the Infinite Node Foundation. This approval for this transaction between CryptoPunks and the Infinite Node Foundation was announced through a tweet on X.com. This change is important as it gives...

CryptoPunks' New Home A Win for Preservation or Another NFT Power Grab?

CryptoPunks' New Home A Win for Preservation or Another NFT Power Grab?

The transfer of CryptoPunks IP to the Infinite Node Foundation (NODE). It's done. Is this really a win for digital art, though? Or just a wolf in sheep’s clothing, an end-run to consolidate power in the decentralized, don’t-tread-on-me jungle of NFTs. Let's dissect this, shall we? This isn’t merely a...

CryptoPunks 10% Jump: NODE's Takeover & Future of Digital Art

CryptoPunks 10% Jump: NODE's Takeover & Future of Digital Art

The NFT space rarely fails to surprise and delight. Most recently, NODE’s purchase of CryptoPunks 7804 and 3100 for over 7 million each triggered shockwaves across the digital art and blockchain communities. This move, celebrated by some and viewed with skepticism by others, marks a significant moment in the evolution...

Infinite Node Foundation Acquires CryptoPunks IP from Yuga Labs

Infinite Node Foundation Acquires CryptoPunks IP from Yuga Labs

Yuga Labs, the creator of the CryptoPunks collection, has sold the corresponding intellectual property (IP) to the Infinite Node (NODE) Foundation. This transfer marks a significant shift for the legendary NFT collection. As of May 13, it can still be proud of a nearly $1.2 billion total market capitalization. The...

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