digitalart

Is This CryptoPunks Sale a Funeral or a Fresh Start?

Is This CryptoPunks Sale a Funeral or a Fresh Start?

The NFT market’s grifting moonshot is something we don’t need to discuss in detail here. CryptoPunks, which only a year ago were the darlings of the digital art world, being sold off to a non-profit? It screams "decline," doesn't it? What if we’re approaching this the wrong way entirely? What...

NFT Royalties Are Dying? The Data Says Yes, But Here's the Fix

NFT Royalties Are Dying? The Data Says Yes, But Here's the Fix

The NFT market is a complete wild west and at the moment, creators are being held up at gunpoint in the street. The latest data paints a bleak picture: NFT royalty enforcement is collapsing. We’re not talking a modest decline, we’re talking a collapse, a dramatic freefall even. It’s not...

CryptoPunks NFTs Find New Home in Non-Profit Foundation Amidst Market Shift

CryptoPunks NFTs Find New Home in Non-Profit Foundation Amidst Market Shift

CryptoPunks, a pioneering collection of non-fungible tokens (NFTs), will soon be showcased at the new permanent exhibition space in Palo Alto. The decision marks a turning point in what’s fast becoming a brutal new reality for these formerly high-flying digital assets that once fetched multi-million dollar valuations. The foundation remains...

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 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' 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...

NFT News: WGONQC's Bold Experiment—Financial Revolution or Risky Gamble?

NFT News: WGONQC's Bold Experiment—Financial Revolution or Risky Gamble?

WGONQC, a hyper-local Facebook group, has developed into an unexpected juggernaut in the Quad Cities media landscape. Today, it is doing so bolder than ever by jumping into the world of NFTs. It's a fascinating move, especially considering they're outperforming established players like the Quad Cities Times. Is this a...

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