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Canonizing CryptoPunks: On the NODE Acquisition

Yuga Labs sells the CryptoPunks IP to non-profit NODE, shifting Ethereum’s iconic NFTs from corporate stewardship toward the cultural commons.
Canonizing CryptoPunks: On the NODE Acquisition
William M. Peaster William M. Peaster
May 17, 2025 • 3 min read
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In 2022, Yuga Labs, the creators of the Bored Ape Yacht Club, stunned the space by acquiring the intellectual property rights for CryptoPunks, Ethereum's most legendary art collection.

Some people loved the move, some people hated it. But since then, Yuga proved to be a good and fairly hands-off steward of the IP.

Where they did press in, and applaudably so, was elevating the cultural significance of the CryptoPunks. Consider their Punks Legacy Project, which gifted NFTs from the collection to art museums like ICA Miami.

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Ethereum Ethereum CryptoPunks CryptoPunks Bored Ape Yacht Club Bored Ape Yacht Club
William M. Peaster

Written by William M. Peaster

1026 Articles • View all      

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he covers the onchain frontier with a particular interest in art, games, and other culture apps. He has a background in creative writing and writes fiction in his free time.

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