Overview
- The Infinite Node Foundation, a nonprofit focused on digital art preservation, has officially acquired the CryptoPunks IP from Yuga Labs as of May 13, 2025.
- Yuga Labs, which acquired CryptoPunks from Larva Labs in 2022, will retain character license rights but will not integrate the NFTs into its Otherside metaverse.
- The foundation plans to exhibit all 10,000 CryptoPunks at its Palo Alto space and in the Toledo Museum of Art's 'Infinite Images' exhibit.
- An advisory board including CryptoPunks creators Matt Hall and John Watkinson, Yuga Labs co-founder Wylie Aronow, and Art Blocks founder Erick Calderon will guide the foundation's efforts.
- This transition reflects shifting NFT market dynamics, with a focus on ensuring the collection's long-term cultural and scholarly relevance.