{"id":7845,"date":"2025-01-15T16:03:59","date_gmt":"2025-01-15T16:03:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7845"},"modified":"2025-01-15T16:03:59","modified_gmt":"2025-01-15T16:03:59","slug":"cryptopunks-owners-shocked-is-yuga-labs-selling-your-favorite-nfts","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7845","title":{"rendered":"CryptoPunks Owners Shocked: Is Yuga Labs Selling Your Favorite NFTs?"},"content":{"rendered":"<div>\n<p>Yuga Labs has stirred discussions after speculation emerged regarding the future of CryptoPunks\u2019 intellectual property rights, which is sending CryptoPunk NFT holders into disarray.<\/p>\n<p>The speculation began when\u00a0<span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">rumors circulated about\u00a0<a class=\"general-link\" href=\"http:\/\/yuga.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Yuga Labs<\/a>\u00a0potentially selling the IP rights of CryptoPunks. Various entities have been named as possible buyers, including\u00a0<a class=\"general-link\" href=\"http:\/\/hifolabs.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Hifo Labs<\/a>,\u00a0<a class=\"general-link\" href=\"http:\/\/kevinrose.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Kevin Rose<\/a>,\u00a0<a class=\"general-link\" href=\"http:\/\/blackrock.com\/\" target=\"_blank\" rel=\"noopener nofollow\">BlackRock<\/a>, and\u00a0<a class=\"general-link\" href=\"http:\/\/www.metabitgames.gg\/\" target=\"_blank\" rel=\"noopener nofollow\">MetaTrustGG<\/a>. <\/span>Yuga Labs\u2019 CEO has publicly dismissed these rumors, and no confirmed sale has occurred.<\/p>\n<h2>CryptoPunks Sell Off Rumors \u2013 Is Yuga Labs Establishing a Mysterious IP Deal in the Shadows?<\/h2>\n<p>Known as the creator of the <a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/nft\/bored-ape-yacht-club\" target=\"_blank\" rel=\"nofollow noopener nofollow\">Bored Ape Yacht Club (BAYC)<\/a>, Yuga Labs, has been at the forefront of the NFT space. The NFT powerhouse, acquired the IP rights for <a class=\"general-link\" href=\"https:\/\/cryptopunks.app\/\" target=\"_blank\" rel=\"nofollow noopener nofollow\">CryptoPunks<\/a> from <a class=\"general-link\" href=\"http:\/\/larvalabs.com\/\" target=\"_blank\" rel=\"nofollow noopener nofollow\">Larva Labs<\/a> in March 2022.<\/p>\n<p>This acquisition included the brand, copyright in the art, and other IP rights. Yuga Labs also gained ownership of 423 CryptoPunks and 1711 <a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/nft\/meebits\" target=\"_blank\" rel=\"nofollow noopener nofollow\">Meebits<\/a>. Since the acquisition, Yuga Labs has granted CryptoPunks holders full commercial rights to their NFTs, similar to those given to Bored Ape Yacht Club (BAYC) owners.<\/p>\n<p>As of now, CryptoPunks remains a highly valued NFT collection. Also, Yuga Labs has introduced a new contract, <a class=\"general-link\" href=\"https:\/\/721.cryptopunks.app\/\" target=\"_blank\" rel=\"nofollow noopener nofollow\">CryptoPunks721<\/a>. This contract wraps the NFT to improve the efficiency and safety of CryptoPunks transactions.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-192296\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/punkgeckoa.jpg\" alt=\"CryptoPunks Sell Off Rumors - Is Yuga Labs Establishing a Mysterious IP Deal in the Shadows? Here's What We Know So far.\" width=\"1312\" height=\"711\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/punkgeckoa.jpg 1312w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/punkgeckoa-300x163.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/punkgeckoa-1024x555.jpg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/punkgeckoa-768x416.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/punkgeckoa-50x27.jpg 50w\" sizes=\"(max-width: 1312px) 100vw, 1312px\"><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/nft\/cryptopunks\" target=\"_blank\" rel=\"nofollow noopener nofollow\">(source)<\/a><\/strong><\/p>\n<p>CryptoPunks NFT collection shows strength despite fluctuations by maintaining its value. Cryptopunks, featuring 10,000 unique 24\u00d724 pixel art characters, is often hailed as one of the best NFT projects on <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke: ;\n        stroke-width: ;<\/p>\n<p>    }\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"eth-ethereum\" id=\"coin_widget_id_6787dbd239bf7\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"eth-ethereum\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background: #e0e0e0; \"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"eth-ethereum\"><br \/>\n                    <span class=\"cwp-coin-icon \"><img decoding=\"async\" src=\"https:\/\/cryptify-platform-dev.clickoutmedia.tech\/icons\/eth-ethereum.png\" alt=\"eth-ethereum icon\" width=\"16px\" height=\"16px\"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"eth-ethereum\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><img decoding=\"async\" src=\"https:\/\/cryptify-platform-dev.clickoutmedia.tech\/icons\/eth-ethereum.png\" alt=\"eth-ethereum icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Trading volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Last 7d price movement<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p>According to the latest data, cryptopunks hold a significant position in the NFT market. According to to CoinGecko, CryptoPunks have a floor price of 40.38 ETH, a 24-hour trading volume of 1,040 ETH, and a total of 3,844 holders.<\/p>\n<p>Before the Yuga Labs sale rumors, CryptoPunks were in several dramas. CryptoPunk \u201cV1\u201d Punks saga brought up disputes when original versions were traded on alternative platforms after a DMCA takedown expired.<\/p>\n<p>Yuga Labs introduced \u201c<a class=\"general-link\" href=\"https:\/\/hub.cryptopunks.app\/gallery\/nina\" target=\"_blank\" rel=\"nofollow noopener nofollow\">Super Punk World<\/a>\u201d in 2024, facing community backlash for the perceived dilution of the brand. This led to a promise to preserve CryptoPunks on the blockchain.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">LL has forced <a href=\"https:\/\/twitter.com\/opensea?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@opensea<\/a> to remove V1 Punks collection because of a DMCA takedown. <\/p>\n<p>We are responding via a counter-notice from our counsel in due course. We look forward to updating you further. <\/p>\n<p>In the meantime, trade using <a href=\"https:\/\/t.co\/KjPg88vDqE\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/KjPg88vDqE<\/a> or <a href=\"https:\/\/twitter.com\/looksrareNFT?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@LooksRareNFT<\/a> <a href=\"https:\/\/t.co\/1qmgdQrR7l\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/1qmgdQrR7l<\/a><\/p>\n<p>\u2014 CryptoPunks \u1d5b\u00b9 (@v1punks) <a href=\"https:\/\/twitter.com\/v1punks\/status\/1490780074420879361?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 7, 2022<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>High-profile sales, like the misunderstood transaction of <a class=\"general-link\" href=\"https:\/\/x.com\/darrenrovell\/status\/1453887118183391254\" target=\"_blank\" rel=\"nofollow noopener nofollow\">CryptoPunk #9998<\/a>, added to the drama. Legal challenges also emerged as Yuga Labs took a more protective stance on CryptoPunks IP.<\/p>\n<p>These events shaped CryptoPunks by highlighting tensions between preserving the original vision and adapting to market changes.<\/p>\n<p>Meanwhile, the potential sale of CryptoPunks news could impact its NFT ecosystem. If Yuga Labs decides to transfer these CryptoPunks IP rights, it might open up new avenues for the development and use of CryptoPunks in various projects and increase their utility.<\/p>\n<p>On the other hand, the project\u2019s stability could be at risk if the new owner does not handle the IP with the same regard for community and creator rights.<\/p>\n<p>In another report, some X accounts tweeted jokes that the <a class=\"general-link\" href=\"http:\/\/x.com\/halieywelchx\" target=\"_blank\" rel=\"nofollow noopener nofollow\">Huak Tuah<\/a> Girl is the one buying CryptoPunks. Adding drama and fun to CryptoPunks sale rumors.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Breaking <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">: Yuga is reportedly preparing to sell CryptoPunks to a highly wealthy buyer who wishes to remain anonymous for now. But guess what? Our sources have already uncovered the mystery buyer.<\/p>\n<p>And at the very end\u2026 it\u2019s Hawk Tauh Girl <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f60e.png\" alt=\"\ud83d\ude0e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">. <a href=\"https:\/\/twitter.com\/HalieyWelchX?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@HalieyWelchX<\/a><\/p>\n<p>\u2014 BR\u039eAK the M@tr!x || Locus.btc (@locus_nft) <a href=\"https:\/\/twitter.com\/locus_nft\/status\/1879273740850417960?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>While no official announcements have confirmed the sale of CryptoPunks, the discussions around it continue to shape expectations. If a sale does occur, the new owner would inherit a collection with a rich legacy from Yuga Labs.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I had heard of several bids since last September but never a confirmed acquisition.<\/p>\n<p>Just because there are bids does not mean Yuga is in the process of selling the IP. Holders already own their Punks IP too.<\/p>\n<p>Would be careful if you are trading on that! <a href=\"https:\/\/t.co\/uKhnzmp4Do\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/uKhnzmp4Do<\/a><\/p>\n<p>\u2014 Farokh (@farokh) <a href=\"https:\/\/twitter.com\/farokh\/status\/1879237834076483709?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At this juncture, all information points to rumors and market reactions without confirmation of any IP transfer. Yuga Labs has not officially acknowledged any sale, and until there\u2019s an official statement, CryptoPunks\u2019s ownership status remains unchanged.<\/p>\n<p>Will the sale of CryptoPunks ever be done? Nonetheless, CryptoPunks will continue to be a benchmark in the NFT world.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/presales\/dust-settles-over-xrp-price-crash-best-presale-to-buy-in-2024\/\" target=\"_blank\" rel=\"noopener\">Dust Settles Over XRP Price Crash: Best Presale to Buy in 2024?<\/a><br \/>\n<\/span><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow nofollow nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/cryptopunks-owners-shocked-is-yuga-labs-selling-your-favorite-nfts\/\">CryptoPunks Owners Shocked: Is Yuga Labs Selling Your Favorite NFTs?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Yuga Labs has stirred discussions after speculation emerged regarding the future of CryptoPunks\u2019 intellectual property rights, which is sending CryptoPunk NFT holders into disarray. The speculation began when\u00a0rumors circulated about\u00a0Yuga Labs\u00a0potentially selling the IP rights of CryptoPunks. Various entities have been named as possible buyers, including\u00a0Hifo Labs,\u00a0Kevin Rose,\u00a0BlackRock, and\u00a0MetaTrustGG. Yuga Labs\u2019 CEO has publicly dismissed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7845","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7845"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7845\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}