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Yuga Labs has sold the 
CryptoPunks NFT IP to nonprofit Infinite Node Foundation to focus on preserving digital art.
What’s the Scoop?
- Yuga Exits CryptoPunks: Yuga Labs has sold the CryptoPunks NFT IP to the Infinite Node Foundation amidst criticism over its handling of the series.
- Conservation Mission: The Infinite Node Foundation, a nonprofit focused on preserving digital art, will take over full intellectual property rights.
- Terms Undisclosed: The financial details of the deal have not been revealed by either party.
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