{"id":731,"date":"2022-11-16T21:31:28","date_gmt":"2022-11-16T21:31:28","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2022\/11\/16\/everything-about-the-yuga-labs-punks-legacy-project\/"},"modified":"2022-11-16T21:31:28","modified_gmt":"2022-11-16T21:31:28","slug":"everything-about-the-yuga-labs-punks-legacy-project","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2022\/11\/16\/everything-about-the-yuga-labs-punks-legacy-project\/","title":{"rendered":"Everything About The Yuga Labs Punks Legacy Project"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span data-preserver-spaces=\"true\">Yuga Labs has announced an exciting new initiative called the Punks Legacy Project that aims to create a cultural shift in how we view NFTs. The project will permanently put <a href=\"https:\/\/nftevening.com\/what-are-cryptopunks-meet-the-first-nft-project-ever-created\/\" target=\"_blank\" rel=\"noopener\">CryptoPunks<\/a> on the walls of some of the world\u2019s best museums and design institutes. To kickstart the Punks Legacy Project, Yuga Labs has donated Punk #305 to the Institute of Contemporary Art Miami.<\/span><\/p>\n<figure id=\"attachment_84594\" aria-describedby=\"caption-attachment-84594\" style=\"width: 336px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"wp-image-84594 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a.png.webp 336w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a-300x300.png.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a-150x150.png.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a-56x56.png.webp 56w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20336%20336'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 336px) 100vw, 336px\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-84594 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a.png.webp 336w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a-300x300.png.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a-150x150.png.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a-56x56.png.webp 56w\" sizes=\"(max-width: 336px) 100vw, 336px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a.png\" alt=\"CryptoPunks NFT Punks Legacy Project\" width=\"336\" height=\"336\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a.png 336w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a-300x300.png 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a-150x150.png 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/ac34e9aa9441cad7a3a11f85b1139b9a-56x56.png 56w\" sizes=\"(max-width: 336px) 100vw, 336px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-84594\" class=\"wp-caption-text\">Yuga Labs has announced a new initiative called the Punks Legacy Project.<\/figcaption><\/figure>\n<h2><span id=\"Yuga_Labs_introduces_the_Punks_Legacy_Project\"><span data-preserver-spaces=\"true\">Yuga Labs introduces the Punks Legacy Project<\/span><\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">In March last year, <a href=\"https:\/\/nftevening.com\/yuga-labs-acquires-the-cryptopunks-and-meebits-collections\/\" target=\"_blank\" rel=\"noopener\">Yuga Labs<\/a>, the creators of the <a href=\"https:\/\/nftevening.com\/bored-ape-yacht-club-the-avatar-collectibles-with-the-biggest-community\/\" target=\"_blank\" rel=\"noopener\">Bored Ape Yacht Club NFT<\/a> ecosystem, purchased the rights to Larva Lab\u2019s creations for $3.4 million. This means that Yuga Labs now owns the IP rights to CryptoPunks, and Meebits.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">CryptoPunks is one of the most popular and influential NFT projects ever. In fact, the 10,000 pfp characters inspired by Punk culture, electronic music, and the cyberpunk movement helped to revolutionize the concept of NFTs and how people view them.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Punks have become legendary in the NFT world and, importantly, have transcended into the real art world. CryptoPunks have sold for <a href=\"https:\/\/nftevening.com\/cryptopunks-the-1st-nfts-to-enter-the-guinness-world-record-book\/\" target=\"_blank\" rel=\"noopener\">vast amounts<\/a> at prestigious art auction houses, such as Sotheby\u2019s and Christie\u2019s.<\/span><\/p>\n<h2><span id=\"CryptoPunks_is_contemporary_art\"><span data-preserver-spaces=\"true\">CryptoPunks is contemporary art!<\/span><\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">One thing is certain, CryptoPunks and other notable NFT collections\/artists have revolutionized crypto art. Furthermore, they have thrust it into a new digital web3 world. Now, Yuga Labs is introducing CryptoPunks to the contemporary art world. The Punk will feature, amongst other works of art, in some of the world\u2019s best galleries.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In a blog post, Noah Davis, the brand lead for CryptoPunks, stated,\u00a0<\/span><em><span data-preserver-spaces=\"true\">\u201cWe\u2019re honored to announce the Punks Legacy Project, an initiative by Yuga Labs to donate iconic CryptoPunks from our collection to museums around the world.\u201d<\/span><\/em><\/p>\n<p><span data-preserver-spaces=\"true\">Yuga Labs will also help museums display the NFTs in the best way possible. They will also provide NFT education and advice on security.\u00a0<\/span><\/p>\n<figure id=\"attachment_84595\" aria-describedby=\"caption-attachment-84595\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-84595 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"image of the Institute of Contemporary Art in Miami.\" width=\"1200\" height=\"675\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-scaled.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-300x169.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-1024x576.webp 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-768x432.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-100x56.webp 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-150x84.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-450x253.webp 450w\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\" data-lazy-src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-scaled.webp\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-84595 size-full\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-scaled.webp\" alt=\"image of the Institute of Contemporary Art in Miami.\" width=\"1200\" height=\"675\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-scaled.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-300x169.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-1024x576.webp 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-768x432.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-100x56.webp 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-150x84.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-450x253.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><\/noscript><figcaption id=\"caption-attachment-84595\" class=\"wp-caption-text\">Yuga Labs is donating Punk #305 to the permanent collection of the Institute of Contemporary Art in Miami.<\/figcaption><\/figure>\n<h2><span id=\"Punk_305_is_heading_to_the_Institute_of_Contemporary_Art_Miami\"><span data-preserver-spaces=\"true\">Punk #305 is heading to the Institute of Contemporary Art Miami<\/span><\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">To celebrate the launch of the Punks Legacy Project, Yuga Labs are donating Punk #305 to the permanent collection of the prestigious Institute of Contemporary Art Miami. The museum will unveil the Punk on December 2nd on a permanent display.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Speaking about the donation, Noah Davis said,\u00a0<\/span><em><span data-preserver-spaces=\"true\">\u201cThe acquisition of a CryptoPunk by a major art museum affirms the collection\u2019s pioneering role in the rise of crypto art, and we\u2019re thrilled to be working with ICA Miami given Yuga Labs\u2019 deep Miami roots.\u201d<\/span><\/em><\/p>\n<p><span data-preserver-spaces=\"true\">It will undoubtedly be interesting to see how the contemporary art world and visitors react to the crypto art on display.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Recently, CryptoPunks has had somewhat of a renaissance, thanks partly to the ongoing <a href=\"https:\/\/nftevening.com\/as-ftx-crashes-crypto-market-cryptopunks-nft-flip-bored-apes-again\/\" target=\"_blank\" rel=\"noopener\">FTX drama.<\/a> CryptoPunks has regained its crown at the top of the NFT project list, retaking the position from the BAYC.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Significantly, <a href=\"https:\/\/news.yuga.com\/punks-legacy-project\" target=\"_blank\" rel=\"noopener\">Yuga Labs<\/a> owns the rights to both projects, making it one of the premier web3 companies. Finally, in the coming months, they will announce more Punk museum donations via the Punks Legacy Project.<\/span><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/everything-about-the-yuga-labs-punks-legacy-project\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yuga Labs has announced an exciting new initiative called the Punks Legacy Project that aims to create a cultural shift in how we view NFTs. The project will permanently put CryptoPunks on the walls of some of the world\u2019s best museums and design institutes. To kickstart the Punks Legacy Project, Yuga Labs has donated Punk [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Institute-of-Contemporary-Art-Miami_Exterior_1_Photo-by-Iwan-Baan-scaled.webp","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/731"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=731"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/732"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}