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…Read More
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Why the CryptoPunks 2022 license is better for owners than the Bored Ape license, on paper, setting a new standard for decentralized collaboration
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…Read More
The CryptoPunks owners got a new EXCLUSIVE license with full commercial rights, including the ability to trademark. But no hate speech, class actions allowed. Is the new license valid? Probably.
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…Read More
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…Read More
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.…Read More
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…Read More
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…Read More
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…Read More
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…Read More
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.…Read More