NiftyNoon: CryptoPunks Liberated: The Infinite Node Foundation Takes Over 🚬🕊️🚀
The iconic CryptoPunks IP finds a new home with The Infinite Node Foundation as Yuga Labs steps aside (May 14, 2025)
Nifty Thought:
Yuga Labs has officially transferred the intellectual property of the seminal CryptoPunks NFT collection to the Infinite Node Foundation (NODE), a non-profit formed in 2025 by Micky Malka and Becky Kleiner. This landmark deal, with an undisclosed transaction value, sees CryptoPunks move into the stewardship of a well-capitalized U.S. nonprofit solely dedicated to digital art, bolstered by a $25 million endowment. The transfer follows Yuga Labs' polarizing tenure with the CryptoPunks IP and allows the NFT market leader to further concentrate on its Otherside metaverse ambitions.
The Infinite Node Foundation frames this acquisition not as mere ownership but as "liberation" for the Punks IP, aiming to free it from "corporate friction and limitations" so the "Punk ethos can now thrive through a decentralized, community-driven future" and "remain as the artists intended." To guide this, an advisory board led by CryptoPunks creators Matt Hall and John Watkinson, alongside Yuga Labs' Wylie Aronow and Art Blocks' Erick Calderon, has been assembled. NODE plans a major exhibition of the full 10,000 Punk collection at its upcoming Palo Alto hub, which will also host a full Ethereum node for permanence, signaling a strong commitment to preserving and contextualizing this iconic collection within art history for generations to come.
Highlighted News:
🚬 CryptoPunks have found a permanent home at The Infinite Node Foundation:
https://x.com/cryptopunksnfts/status/1922291088431448396?s=46
📈 Punks currently at ~48 ETH, a level that was a local bottom both in 2022 and 2023:
https://x.com/nftpricefloor/status/1922326481675403445?s=46
🪶 Robinhood has signed an agreement to acquire @WonderFi, a Canadian leader in crypto products:
https://x.com/robinhoodapp/status/1922245928691421671?s=46
🟣 26 page report just released on tokenizing equities with Solana:
https://x.com/solana/status/1922311833106489404?s=46
Project and Community News:
Nasdaq listed GD Culture Group to sell up to $300 million shares to buy Bitcoin and crypto: https://x.com/BitcoinMagazine/status/1922209648083386722
The CryptoPunks IP sold to Infinite Node Foundation for around $20 million, according to multiple sources close to the situation: https://x.com/nowmedia/status/1922344283455066187
SEC has delayed the @Grayscale Spot Solana ETF: https://x.com/SolanaFloor/status/1922354112479305852
@Solana's decentralized exchanges recorded a daily trading volume of $9.8 billion on May 12, marking a three-month high and accounting for nearly 50% of all DEX activity across blockchains: https://x.com/SolanaFloor/status/1922308760791327222
@blast will not renew their service agreement with @Safe: https://x.com/blast/status/1922132299291693108?s=46
Announcing American Dream with @allmight_US@TrojanOnSolana: https://x.com/magicedencomm/status/1922320323711541559?s=46
Luca Netz teased the @AbstractChain TGE on Q4: https://x.com/lorenzo_onx/status/1922375096573857867
Introducing Multiverse Finance, which splits the financial system into parallel universes so you can short the market today, but only if your candidate is going to lose the next election: https://x.com/_Dave__White_/status/1921960740564410527
The first-ever Meebits wearables are now available to mint on @opensea: https://x.com/weareplayerzero/status/1922275897924846098
Monster Capsules will launch on May 21st: https://x.com/monstersdotfun/status/1922320944149733528?s=46
Ethos launched 111 days ago. 110k reviews, 15k vouches. 6m scores: https://x.com/ethos_network/status/1922411673459069029?s=46
$SNS TGE is Live: https://x.com/sns/status/1922305690548244749
$RESOLV genesis event registration is live: https://x.com/ResolvCore/status/1920811574643589535
Updated data from the LetsBONK.fun team: https://x.com/theunipcs/status/1922059087002677744?s=46
Waking up to LAUNCHCOIN at $94M: https://x.com/Tyler_Did_It/status/1922243198807572903
Sui rolled out to everyone on Phantom: https://x.com/phantom/status/1921976542931960299
The Azuki and Dentsu anime anthology series, Enter The Garden, welcomes renowned animator and director Tatsuyuki Tanaka as the director, character designer, and scriptwriter for Episode 3: https://x.com/Azuki/status/1922320995743879489
Quick Stats:
👾 Blur ETH Daily Volume: 1,068 ETH (▲ 6.33%)
🌊 OpenSea ETH Daily Volume: 1,115 ETH (▲ 9.69%)
🟠 BTC : $104,089.41 (▲ 0.52%)
🔷 ETH: $2,629.94 (▲ 5.21%)
🟣 Solana: $181.60 (▲ 4.76%)
🟪 Polygon: $0.26 (▲ 2.64%)
Top NFT Sales:
CryptoPunks #3281: 148.00 ETH
CryptoPunks #9494: 67.50 ETH
CryptoPunks #603: 58.90 ETH
NFT Daily Winners:
💼 Ordinal Maxi Biz: 0.03 BTC (▲ 19.62%)
🧙♂️ Taproot Wizards: 0.20 BTC (▲ 7.11%)
🧦 Bitcoin Puppets: 0.06 BTC (▲ 3.29%)
🐵 NodeMonkes: 0.04 BTC (▲ 2.96%)
🚬 CryptoPunks: 47.50 ETH (▲ 2.59%)
🦧 Bored Ape Yacht Club: 12.20 ETH (▲ 1.67%)
👩🏻 Milady Maker: 3.19 ETH (▲ 0.47%)
⛩ Azuki: 2.51 ETH (▲ 0.45%)
NFT Daily Losers:
😡 Mad Lads: 37.30 SOL (▼ 0.36%)
🏳🌈 Chromie Squiggles: 4.37 ETH (▼ 0.46%)
🐱 Quantum Cats: 0.04 BTC (▼ 0.75%)
👾 Tensorians: 2.90 SOL (▼ 2.03%)
🏴☠ Captainz: 0.52 ETH (▼ 7.06%)
🍭 Mocaverse: 1.97 ETH (▼ 7.99%)
🐧 Pudgy Penguins: 10.20 ETH (▼ 9.28%)
Notes:
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