NFT BOMBSHELL: Larva Labs sells IP rights to CryptoPunks, Meebits to Yuga Labs, creator of Bored Ape Yacht Club, which plans to give unlimited commercial rights to CryptoPunks owners

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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NFTs turned into movies: are NFTs the next tent-poles or franchises for Hollywood?

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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Chain CEO Deepak Thapliyal buys Alien CryptoPunk #5822 for $23.7M (8,000 ETH). Highest CryptoPunk sale ever. Bam.

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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V1 CryptoPunks copyright drama escalates: after recently selling V1 Punks, Larva Labs may send DMCA notice alleging V1 Punks infringe. Is copyright lawsuit against V1 Punks owners next?

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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V1 Punks (or V1 CryptoPunks) revived, adding mystery to CryptoPunks and big headaches for Larva Labs

Back in November 2021, I wrote about the cryptic case of the CryptoPunks, which were first released for free without any content licenses. Check out my article “The Cryptic Case of the CryptoPunks Licenses: The Mystery Over the Licenses for CryptoPunks NFTs.“ Co-founder of Larva Labs John Watkinson described the rollout of the CryptoPunks “a…

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Bored Apes go on mega-bull run on Jan. 14, floor price 83 ETH, far surpassing CryptoPunks at 62 ETH

Friday, January 14th may be a day that we look back in history and say, That’s the day Bored Ape Yacht Club ended all debate over which NFTs are the most influential and the most powerful driver in the market. It’s BAYC. The floor price for the cheapest Bored Ape NFT is 83 ETH (($276,345.18).…

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Serena Williams joins NFT world, displays CryptoPunk as pfp on Twitter

GM, everyone. If you thought the fervor for NFTs would go down with the stock market and Bitcoin yesterday, you were wrong. NFT sales were down yesterday after a bull run for four straight days. That’s true. But that was to be expected after the torrid NFT sales, in contrast with the decline of the…

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Who is gmoney? The mystery behind the NFT guru and Bored Ape collaborator in Adidas’s “Into the Metaverse”

As we wind down 2021–what a crazy year it’s been–there’s one thing I wish I could do over. I wish I had followed @gmoneyNFT, who is self-described as a “futurist. disruptor. ape,” and read his tweet from January 6, 2021. In a tweet that may go down in history as a watershed moment for Web3…

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December 22, 2021 Bored Apes flipped CryptoPunks, but the flip flipped back today

Well, it happened. The Bored Ape Yacht Club, which just launched in April 2021, have “flipped” the legendary CryptoPunks, still the highest valued NFT collection. Flipping means that the last, lowest sales price for BAYC is higher than the same indicator for CryptoPunks. Back when BAYC first launched in April 2021, the NFTs were selling…

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Is Snoop Dogg really NFT collector Cozomo de’ Medici? Did he really put up for sale Cryptopunk #3831 due to Bored Apes flipping CryptoPunks in floor price?

One of the most famous NFT collectors is Cozomo de’ Medici, a reference to the wealthiest man who ruled Florence during the Renaissance and who was a patron to artists. On OpenSea, Cozomo de’ Medici has over 450 NFTs. On Sep. 20, 2021, Snoop Dogg tweeted “I am @CozomoMedici.” Many took that tweet as true.…

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