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Courtyard and CryptoPunks Power June’s Blue-Chip NFT Resurgence
The NFT market is seeing signs of high-end activity again, with Courtyard leading the 24-hour trading charts at over $508,000 in volume. Meanwhile, stalwart collections like Bored Ape Yacht Club and CryptoPunks continue to flex their staying power—most notably with a recent Punk trade hitting $330,000. While overall market volumes have dipped, these blue-chip collections are signaling that deep-pocketed buyers are still circling. The data reflects a growing divergence in the
Jun 231 min read
Bored Apes Parent Company Yuga Labs sells CryptoPunks to Infinite Node Foundation for $20M
Yuga Labs has transferred the intellectual property rights of the iconic CryptoPunks NFT collection to the Infinite Node Foundation (NODE), a non-profit focused on supporting digital art. Alongside the IP transfer, NODE received a $25 million endowment—an amount it claims surpasses the total digital art funding of all major U.S. cultural institutions. NODE emphasized that this move represents a “liberation” of the CryptoPunks ethos, enabling a more decentralized, community-le
May 151 min read
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