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Home»Bitcoin»NFT Company Yuga Labs sells IP punks in Infinite Node
Bitcoin

NFT Company Yuga Labs sells IP punks in Infinite Node

May 15, 2025No Comments4 Mins Read
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Yuga Labs, the Digital Asset Incubation Studio and the team behind the popular Bored Ape Yacht Club and mutant Ape Yacht Club Non -Budgetary Colluctions of tokens, finally sold intellectual property (IP) for the Cryptopunks NFT collection. The digital asset company, which acquired PUNKS IP in 2022, sold it to Infinite Node Foundation (NODE), a non -profit organization focused on digital art. Speculations on the sales of intellectual property of punks began to loom in January 2025.

Yuga Labs sells IP punks at the knot

In a blog article of May 13, Yuga Labs confirmed that he had finally sold intellectual property (IP) for the collection of non -drinkable tokens of cryptopunks in Infinite Node Foundation (Node). The acquisition of Cryptopunks NFT IP, plus its additional endowment of 25 million dollars, establishes the node as “the most well-capitalized non-profit organization dedicated only to digital art in the United States of America.

The Infinite Node Foundation (NODE) ​​is pleased to announce the acquisition of the intellectual property of @cryptopunksnfts Since @yugalabs.

Launched by Larva Labs in 2017, cryptopunks are largely considered to be the catalyst for modern digital artistic movement. Their $ 3.07 billion in sales … pic.twitter.com/rq6apt8a3o

– node (@nodefnd) May 13, 2025

Launched in 2017, Cryptopunks is a collection of renowned non -bubble tokens of the Labs Labs of Digital Asset Incubation Studio. It has a limited edition of NFTS of 10,000 pixels hosted on the Ethereum blockchain network. The Cryptopunks NFT collection has become one of the main NFT collections on the NFT market, holding a market capitalization of nearly a billion dollars. Several rare punks from the cryptopunks collection are worth millions of dollars.

In March 2022, Yuga Labs, the creator of the NFT Club NFT Ape Yacht NFT collection, acquired the intellectual property of the Cryptopunks NFT collection. During the auction, the annoyed monkey creator bought the NFT Meebits collection with the NFT IP cryptopunks. Meebits is a collection of non -bubble tokens with a fixed set of 20,000 Voxel 3D characters hosted on the Ethereum blockchain network.

Yuga Labs is home to some of the main NFT markets on the world NFT market, including the mutant APE Yacht Club, a collection of non -bubble tokens with a limited offer of 20,000 NFT hosted on the Ethereum Blockchain network, others, Kodamara, Bored Ape Kennel Club and twelve. The creator of annoyed monkey yacht, Yuga Labs, also holds intellectual property (IP) for bizarre, grails and NFT NFT collections.

Rumors on the sales of intellectual property of cryptopunks began to spread in January 2025. At the time, many crypto users were guessing, some of them guess that the digital active company Yuga Labs could have selected the IP punks in Hifo Labs, the creator of the Nakamogos NFT series. In accordance with these rumors, the sales volume of NFT Cryptopunks jumped by + 500% to more than $ 3 million, becoming the most sold NFT collection on the world market in NFT.

IP PUNKS Sales explained

Even if the terms of the Punks IP sale have been disclosed, Node said that he had assembled advisory advice to supervise the Cryptopunks NFT collection. The board of directors includes Matt Hall and John Watkinson, the artists behind the NFT collection, and a representative of Yuga Labs, among others. “Our role is to build a network architecture that allows digital arts such as cryptopunks to prosper within the digital and historical guns of art,” added the company for non -profit.

In response to the IP PUNKS sale, the volume of negotiation sales for the Cryptopunks NFT collection has made an exponential hard. The data compiled by Cryptoslam.io, a data aggregator known to Crypto Market and an non -bubble chip explorer, show that the volume of trading sales for the Cryptopunks NFT collection jumped 329% in the past 24 hours. Meanwhile, NFT punks have increased a volume of negotiation sales by $ 3.9 million.

NFT PUNKS sales volumeNFT PUNKS sales volume

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