Battle for authenticity heats up in world's most popular NFT collection
Delegitimize CryptoPunks v1 and face pushback from v1 owners, or legitimize v1 and cause brand dilution, dropping the value of v2. In a Discord post published on Wednesday, Matt Hall, the core developer at Larva Labs, the entity behind the popular CryptoPunks v2 and, initially, CryptoPunks v1 nonfungible tokens (NFT) collections, announced he would be "taking appropriate steps" in the following days regarding the alleged copyright infringement of "both the art and the CryptoPunks name" of the CryptoPunks V1 collection. Normally, this would amount to submitting a takedown notice under the....
Related News
Many users bought Punks' NFTs on the basis that there were only going to be 10,000 of them, not potentially 20,000. Late Monday, popular nonfungible tokens, or NFTs, platform OpenSea once again delisted the CryptoPunks v1 collection, which spiraled into existence along with the iconic CryptoPunks v2 collection due to a smart contract bug. This was allegedly due to a Digital Millennium Copyright Act takedown notice issued by CryptoPunks v2 developers Larva Labs to OpenSea. As the company is also the creator of the CryptoPunks v1 collection, this move has struck some as strange.LL has forced....
OpenSea, the world’s largest NFT marketplace, has delisted CryptoPunks V1 due to a legal dispute with Larva Labs. The 10K collectibles, which are breathtakingly similar to the renowned CryptoPunks NFTs, are derived from the same smart contract as Larva Labs’ collection. While more collectors were flocking to V1 CryptoPunks, the project was blacklisted by Larva […]
The popular candies and collectibles company Topps has announced the launch of its 2021 Topps NOW MLB World Series non-fungible token (NFT) collection, following the firm’s second series 2021 Topps Baseball NFT collection. Similar to the company’s past NFT drops, Topps is utilizing the Avalanche blockchain network for the new World Series NFT collection. Topps Releases MLB World Series NFT Collection During the last year, the American company that produces Bazooka chewing gum, candy, and collectibles, Topps Company, Inc., has been very focused on non-fungible token (NFT) and....
Banks are moving into crypto and crypto companies are trying to become banks, so how does it all play out?
This week, in celebration of the 40th anniversary of the Masters of the Universe (MOTU) franchise, the toy manufacturing company Mattel announced the launch of the official MOTU digital toy collection. The new collection, dropping on November 9, will feature classic MOTU characters like He-Man, Battle Cat, Tri-Klops, and Evil-Lyn. He-Man and the Masters of the Universe Enter the Blockchain-Powered Metaverse On Wednesday, Mattel, Inc. (Nasdaq: MAT) and the new non-fungible token (NFT) platform Cryptoys revealed plans to launch a digital collectible collection based on the Masters of the....