Infinite Node Foundation Acquires CryptoPunks IP: A Landmark Shift for Digital Art

Infinite Node Foundation has acquired the intellectual property rights of CryptoPunks from Yuga Labs, marking a significant step in digital art preservation. This $25 million endowment will support the foundation’s ambitious plans to integrate NFTs into established art canons and cultural institutions. The acquisition has sparked debate within the crypto community regarding potential shifts in trading activity for Ethereum-based NFTs and the broader impact of this landmark transfer on the NFT landscape.