• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • Regulation
    • Scams
  • DeFi
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Market Cap
  • Shop
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
Facebook Twitter Instagram
CM247
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • Regulation
    • Scams
  • DeFi

    More than 90% of all-time DeFi insurance payout value was in 2022: OpenCover

    2023-03-21

    MakerDAO’s emergency proposal triggers 26% MKR price plunge

    2023-03-21

    Lido’s TVL surges ahead of Ethereum mainnet upgrade

    2023-03-20

    Reaches $490 Million in Daily Trading Volume

    2023-03-20

    Market Maker DWF Labs Invests $20M in DeFi Liquidity Protocol Synthetix

    2023-03-20
  • NFT

    If Web3 Is the Future, How Can We Onboard the Masses via Email?

    2023-03-21

    MoonPay and Julie Pacino Partner on First Film Inspired by NFT-Native Photography

    2023-03-21

    Lawsuit Against Sotheby’s and Kevin McCoy Dismissed

    2023-03-21

    The Creators of the First NFT Talk New Collection, Web3 Future

    2023-03-20

    The Now Pass Mint Details Have Been Unveiled

    2023-03-20
  • Metaverse

    Exploring the Metaverse: A Guide to Investing in Metaverse Stocks

    2023-03-20

    A Guide to Virtual Land Staking in the Metaverse

    2023-03-20

    Nissan Doubles Down on Web3 Innovation

    2023-03-13

    As Fashion Moves into the Metaverse, What Other Industries Could Be Next

    2023-03-13

    South Korea Launches New ‘Metaverse Fund’

    2023-03-13
  • Analysis

    Ethereum (ETH) Still Has Room To Run Higher, According to Crypto Analytics Firm Santiment – Here’s Why

    2023-03-21

    Top 3 coin movers today: XinFin, Joe, Hex

    2023-03-21

    Investor Who Called 2022 Crypto Bottom Says Beautiful Set Up Forming for Bitcoin (BTC)

    2023-03-21

    Analyst Known for Calling Crypto Bottoms Predicts Breakout for Ethereum, Says Solana Primed for New Rallies

    2023-03-21

    Arthur Hayes Forecasts ‘Most Hated’ Bitcoin Rally Ever As Infinite Money Printing Ensues

    2023-03-20
  • Learn

    Chart Patterns Cheat Sheet For Technical Analysis

    2023-03-21

    Best NFT Wallets in 2023

    2023-03-21

    Top 10 Best Ethereum Wallets 2023

    2023-03-18

    What are Dapps (Decentralized Applications) Crypto?

    2023-03-17

    Are There Any Free Play-to-Earn Crypto Games?

    2023-03-17
  • Market Cap
  • Shop
CM247
Home»NFT»CryptoPunk and Meebits holders can now use their NFTs for commercial projects
NFT

CryptoPunk and Meebits holders can now use their NFTs for commercial projects

2022-08-16Updated:2022-08-18No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
coin-mama


Yuga Labs launched its long-awaited mental property (IP) licensing settlement for CryptoPunk and Meebits non-fungible token (NFT) holders on Monday.

CryptoPunk and Meebits holders have been ready for this announcement since Yuga Labs first purchased the collections from Larva Labs in March. The settlement confers full commercialisation rights to create tasks and merchandise primarily based on a holder’s NFTs, placing them on par with the IP rights loved by the Bored Ape Yacht Membership’s holders, a few of whom have already used the IP in tasks.

Amongst them, Seth Inexperienced is launching a present primarily based on his recently-returned Ape, which was — in his phrases — “kidnapped” in Might. Restauranteur Andy Nguyen additionally opened Bored Ape-themed restaurant Bored & Hungry in Los Angeles in June.

Whereas Yuga Labs owns the IP, it licenses it to NFT holders. Beforehand, assortment homeowners Larva Labs dealt with IP licensing in another way and retained the mental property rights to the collections — a call which attracted criticism and prompted a minimum of one holder to promote their CryptoPunk in protest.

Throughout the board, assortment creators have taken completely different approaches to dealing with IP rights. Widespread model Moonbirds ruffled feathers earlier this month when it switched to a public area utilization mannequin, adopting the Artistic Commons CC0 copyright code. This permits anybody to commercially use and reproduce artwork from each Moonbirds and its sister challenge Oddities.

The choice prompted backlash on social media as holders argued that they’d purchased into the challenge believing they’d unique rights to their NFT.


Source link

coin-mama
commercial CryptoPunk holders Meebits NFTs Projects
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

If Web3 Is the Future, How Can We Onboard the Masses via Email?

2023-03-21

Bitcoin [BTC] holders cheer the bull run, but is there more to the story?

2023-03-21

MoonPay and Julie Pacino Partner on First Film Inspired by NFT-Native Photography

2023-03-21

Lawsuit Against Sotheby’s and Kevin McCoy Dismissed

2023-03-21
Add A Comment

Leave A Reply Cancel Reply

Top Posts
NFT

ApeCoin, Flow, Chiliz Jumps Up

2022-12-05

NFT Prime NFT Tokens This Week: Within the NFT Ecosystem, prime tokens, ApeCoin has taken…

NFT

Are NFTs Dead? NFT Trading Volume Sinks to 16-Month Lows

2022-10-14

NFT In response to information compiled from CryptoSlam, the month-to-month buying and selling quantity of…

Metaverse

David Bowie NFT Collection News Shocks And Appalls Fans

2022-09-25

This week the David Bowie property confirmed a brand new NFT assortment with the NFT…

Subscribe to Updates

Get the latest news and Update from CM247 about Crypto, Metaverse and NFT.

About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Popular Post

Here’s how Rally is ‘democratizing’ ownership of a rare Noun NFT 

2022-08-22

Recycle-to-earn, a new frontier for blockchain technology toward ESG goals

2023-02-25

Disney Hires Former Apple Executive to Head Metaverse Creative Strategy

2022-08-20

Subscribe to Updates

Get the latest news and Update from CM247 about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
© 2023 cryptocurrencymedia247.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$20,168.002.51%
  • ethereumEthereum(ETH)$1,532.186.43%
  • tetherTether(USDT)$1.00-0.02%
  • usd-coinUSD Coin(USDC)$1.00-0.09%
  • binancecoinBNB(BNB)$286.102.95%
  • TerraTerra(LUNA)$88.14-1.01%
  • Binance USDBinance USD(BUSD)$1.00-0.14%
  • rippleXRP(XRP)$0.3315312.89%
  • cardanoCardano(ADA)$0.4480674.29%
  • SolanaSolana(SOL)$32.015.40%