digital art

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 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...

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...

Mint AI's RWA Art Revolution: Democratizing Culture or Just More Hype?

Mint AI's RWA Art Revolution: Democratizing Culture or Just More Hype?

It’s the revolutionary word heard all over every industry shaken to the core by blockchain. Art, formerly the province of the 1%, is supposedly being liberated by art-destructive projects like Mint AI. Is this really a cultural revolution we are witnessing? Or is it another crypto scam with a flashy...

NFT Sales Surge Hides a Dark Secret Fewer Buyers More Wash Trading

NFT Sales Surge Hides a Dark Secret Fewer Buyers More Wash Trading

We’re used to having headlines yell at us about skyrocketing NFT sales. Bitcoin hitting $103,000! Ethereum bouncing back! The crypto market cap ballooning! I know — it’s easy to get caught up in the excitement, right? Before you jump into the NFT waters, let’s pause to drain the swamp and...

NFT Royalties: The Secret Weapon for a Fairer Creator Economy?

NFT Royalties: The Secret Weapon for a Fairer Creator Economy?

Let’s face it, the NFT space is getting pummeled right now. Or that time when everyone was convinced they’d get rich overnight flipping JPEGs. The hype cycle burned bright, then fizzled. But buried beneath the noise and the bad actors, there's something genuinely revolutionary: NFT royalties. These tools aren’t shiny...

Doodles' $DOOD Token Plummets After Launch, NFTs Follow Suit

Doodles' $DOOD Token Plummets After Launch, NFTs Follow Suit

Doodles, currently the most successful NFT project of all time, released their community token, $DOOD, on May 9 through an airdrop. Shortly after the launch, the token’s value saw a drastic nosedive. After all, $DOOD did over $100 million in initial capitalizations. On the opening day of launch, it fell...

Bored Ape Blunder: How This NFT Theft Exposes Data Dangers

Bored Ape Blunder: How This NFT Theft Exposes Data Dangers

Sam Curry, former security researcher for Yuga Labs, was recently wrongfully detained in relation to this 2022 Bored Ape Yacht Club NFT theft. It’s about more than just wrong place, wrong time or mistaken identity. Systemic problems in our justice system are the cause. Such a glaring red flag raises...

Decentralization as a Design Principle: Blockchain's Role in Digital Art Preservation

Decentralization as a Design Principle: Blockchain's Role in Digital Art Preservation

The digital realm, despite its ubiquity, faces a significant challenge: preserving its cultural artifacts for future generations. The temporary quality of digital information requires creative methods, and blockchain technology is quickly proving itself as an exciting answer. Preservation is one of three distinct but interrelated categories of blockchain application in...

Blockchain's Cultural Revolution: Why Art Institutions Must Embrace Decentralization

Blockchain's Cultural Revolution: Why Art Institutions Must Embrace Decentralization

Allowing the Louvre to continue storing all their masterpieces on overtaxed, fragile harddrives? A digital tragedy waiting to unfold. Only blockchain technology holds back cultural immortality and digital oblivion.No, the first NFT mania wasn’t a gold rush in speculation and hype. We all felt the jazzed up prices, the star...

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