the latest news in NFTs + crypto art + web3
This week, the FUD about the Bored Ape Yacht Club has hit an all time high, as its floor price continues to plummet.
Down 78% from its ATH on April 30, 2022 (153 ETH), and down nearly 50% in just the past 90 days, the FUD about BAYC on NFT Twitter has been loud this week.
Meanwhile, the CryptoPunks’ floor has fared somewhat better. It’s down 60% from its ATH (125 ETH) on Aug. 28, 2021, and around 25% in the past 90 days.
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Luckily, this incident has a happy ending. Members of the CryptoPunks community banded together to raise funds to buy back the stolen NFT for CryptoNovo.
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Top 10 Web3 NFT Moments in 2022 10. The crypto winter decimates NFT sales + crypto 9. Yuga Labs secures $450M seed funding led by a16z 8. Reddit launches 5m NFTs for avatars for users 7. Terra LUNA implodes, causing Cryptocurrency Contagion 6. Yuga Labs sues Ryder Ripps; Ryder Ripps sues Yuga Labs 5. Upstart…
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DISCLAIMER: this analysis is NOT legal advice. It’s for academic research on the development of De-Collab licenses in Web3. For more about De-Collab, read my essay by clicking here. The new CryptoPunks 2022 commercial license reopens the Pandora’s box that had erupted earlier this year, but quieted down after Yuga Labs acquired the IP rights…
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As reported yesterday, Yuga Labs published the new 2022 license for owners of CryptoPunks, the now legendary NFT collection whose intellectual property Yuga Labs acquired from Larva Labs earlier this year. We reviewed the terms of the CryptoPunks 2022 license in a prior post, click here. Given the CryptoPunks position as perhaps the most prestigious…
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The big news this week is that owners of the CryptoPunks finally received a new license granting them full commercial IP rights with no limit (the last limit was $100,000 annually of commercialization of CryptoPunks). As you may recall, the CryptoPunks NFTs were first issued in 2017 without any content license. TIMELINE of CryptoPunks licenses…
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In stunning news that was rumored yesterday, the two biggest startups in creating NFTs — Larva Labs the creator of the CryptoPunks and Yuga Labs the creator of the Bored Ape Yacht Club — both announced that Yuga had acquired the intellectual property to Larva’s CryptoPunks and Meebits. The deal involves the two biggest and…
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Decrypt reports upcoming movies developed from NFT collections. They are: Movies in the pipeline Yam Karkai’s World of Women, with Reese Witherspoon’s Hello Sunshine. Micah Johnson’s Aku, the story of a black boy who wants to become an astronaut. Ben Mauro’s NFT comic book Huxley, with Marvel producer Ari Arad. Question marks: CryptoPunks by Larva…
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Just when you thought you would enjoy a quiet Saturday before the Super Bowl, Chain CEO Deepak Thapliyal sent everyone a reminder how OG the CryptoPunks are. Thapliyal bought Alien CryptoPunk #5822 for $23.7 million or 8,000 ETH, making it the highest sale of a CryptoPunk ever, more than 3 times the second highest sale…
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Just a week ago, we reported about the mess unfolding with the sudden revival from the dead of V1 Punks or V1 CryptoPunks. [Click here to catch up.] Well, yesterday, the drama got a lot messier. Larva Labs apparently is contemplating sending a DMCA notice to OpenSea alleging the V1 CryptoPunks infringes Larva Labs’ copyright.…
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