Get the latest tech news

NFT phenom CryptoPunks was just sold to a nonprofit


Yuga Labs, known as the creator of Bored Ape Yacht Club and other notable NFTs, sold its iconic CryptoPunks to the nonprofit NODE Foundation, which

Yuga Labs, known as the creator of Bored Ape Yacht Club and other notable NFTs, sold its iconic CryptoPunks to the nonprofit NODE Foundation, which focuses on preserving digital art. Back in April, NODE announced it received a $25 million grant to “build the future of digital art” from investor Micky Malka and Becky Kleiner. Malka said that CryptoPunks “sparked a cultural movement,” and that NODE will “future-proof this landmark work,” to make it more accessible for people to engage with.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of NFT

NFT

Photo of CryptoPunks

CryptoPunks

Related news:

News photo

Creepz touts Web3 brand with $400M in NFT backing and two upcoming games

News photo

Ubisoft quietly squeezes out another NFT game featuring Rayman, Blood Dragon

News photo

The NFT Is Dead. Long Live the NFT?