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{"id":1360,"date":"2022-03-12T14:45:14","date_gmt":"2022-03-12T14:45:14","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/03\/12\/bored-ape-yacht-club-creator-buys-cryptopunks-and-meebits\/"},"modified":"2022-03-12T14:45:16","modified_gmt":"2022-03-12T14:45:16","slug":"bored-ape-yacht-club-creator-buys-cryptopunks-and-meebits","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/03\/12\/bored-ape-yacht-club-creator-buys-cryptopunks-and-meebits\/","title":{"rendered":"Bored Ape Yacht Club creator buys CryptoPunks and Meebits"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/3\/11\/22973394\/bored-ape-yacht-club-cryptopunks-meebits-nft<\/a>
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Yuga Labs, the creator of Bored Ape Yacht Club, announced today that it had acquired CryptoPunks and Meebits from Larva Labs. CryptoPunks is one of the oldest and most valuable brands in the NFT world, and Meebits quickly joined the list of most valuable NFT collections after launching last May.<\/p>\n

Yuga Labs hopes to foster a \u201ccommunity of builders\u201d creating derivative works around the two projects. To do that, it plans to grant intellectual property and commercialization rights to CryptoPunks and Meebits owners, allowing them to create works and products based off their NFTs the same way that Bored Ape owners have.<\/p>\n

\u201cEverybody knows CryptoPunks, everybody loves CryptoPunks,\u201d Greg Solano, a Bored Ape Yacht Club co-founder who goes by the pseudonym Gargamel, tells The Verge<\/em>. \u201cIt\u2019s just iconic, ahead of its time. It\u2019s visionary, and it\u2019s gonna be here forever. We were just immediately excited about it without knowing at all what we would want the next step to be.\u201d<\/p>\n

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