Infinite Node Foundation Acquires CryptoPunks: A New Era for Digital Art

The Infinite Node Foundation (NODE), a non-profit dedicated to digital art, has acquired the intellectual property of the CryptoPunk NFT collection from Yuga Labs. This landmark acquisition, announced on May 13th, positions NODE as a leader in US digital art, with an added $25 million endowment. Terms of the deal remain undisclosed. NODE has assembled an advisory board to manage the CryptoPunks collection, featuring original artists Matt Hall and John Watkinson alongside a representative from Yuga Labs. Their goal is to establish a network architecture that fosters the growth of digital art like CryptoPunks within both the digital and historical art spheres.