Odaily News The Infinite Node Foundation (NODE) announced the acquisition of the intellectual property of CryptoPunks from Yuga Labs, along with an additional donation of $25 million, making it the nonprofit organization with the largest investment in digital art in the United States.
CryptoPunks was launched by Larva Labs in 2017, with total sales exceeding $3 billion to date, and is regarded as the starting point of the modern digital art movement.
NODE represents the "liberation" of this series, steering it towards a community-driven decentralized future, and will host the first complete exhibition of 10,000 works at the new venue in Palo Alto, which will operate Ethereum nodes to ensure the on-chain permanence of the works. Original creators Matt Hall and John Watkinson will join the advisory team to jointly advance the project's development.
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The NODE Foundation has acquired the intellectual property of CryptoPunks and plans to hold its first complete exhibition.
Odaily News The Infinite Node Foundation (NODE) announced the acquisition of the intellectual property of CryptoPunks from Yuga Labs, along with an additional donation of $25 million, making it the nonprofit organization with the largest investment in digital art in the United States. CryptoPunks was launched by Larva Labs in 2017, with total sales exceeding $3 billion to date, and is regarded as the starting point of the modern digital art movement. NODE represents the "liberation" of this series, steering it towards a community-driven decentralized future, and will host the first complete exhibition of 10,000 works at the new venue in Palo Alto, which will operate Ethereum nodes to ensure the on-chain permanence of the works. Original creators Matt Hall and John Watkinson will join the advisory team to jointly advance the project's development.