V1 Punks DMCA controversy with Larva Labs over. Yuga reportedly plans on ending dispute with V1 Punks.

One of the biggest winners in Yuga Labs’ acquisition of the IP rights to the legendary CryptoPunks NFTs is the group of so-called “V1 Punks” owners, who were embroiled in a copyright DMCA dispute with Larva Labs. V1 Punks are the original CryptoPunks, which had a major coding error in 2017. Oops. To fix the…

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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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Artnet’s Sarah Cascone identifies the Top 10 Most Expensive Artwork NFTs of 2021

Wow, what a year 2021 has been for NFTs! Sarah Cascone of Artnet looks back at the Top 10 Most Expensive Artwork NFT sales of 2021. Beeple, Everydays—The First 5000 Days, $69 million, March 2021, Christie’s Beeple, HUMAN ONE, $29.8 million, November 2021, Christie’s Beeple, Crossroads, $6.6 million, February 2021, Nifty Gateway XCOPY, Right-click and Save As guy, $6.57…

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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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CryptoPunks v. Bored Apes: who cares if Bored Apes flip CryptoPunks?

Flippening: There’s been a lot of chatter on social media about the possibility that Bored Ape Yacht Club (BAYC) will flip the CryptoPunks–meaning having a higher floor (sales price for the lowest priced recent sale) than the CryptoPunks. Indeed, that would be a shocking turn of events, given that the CryptoPunks are the most valuable…

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After criticizing CryptoPunks copyright license, owner unloads CryptoPunk #4156 for $10.26M (2.5K ETH)

Well, that escalated quickly. Two days ago, we reported some growing dissatisfaction among CryptoPunks NFT owners over the limited rights they get under the NFT License that apparently governs the use of the CryptoPunk characters (capped at $100,000 annually for merchandising only, and no derivative works). One of the most vocal critics was the owner…

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Controversy swirls over CryptoPunks copyright licenses as floor price for CryptoPunks NFTs drops–and Bored Ape NFTs close in

Things in the NFT world are happening fast and furious. The CryptoPunks NFTs, produced by Larva Labs, are the highest grossing collection to date, and probably the most famous. But, in the past few days, debate over the terms and lack of clarity in the copyright licenses that owners of CryptoPunks NFTs received–or did not…

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