CryptoPunk's IP has been sold by @yugalabs...
In recent years, @yugalabs has been continuously selling off its various IP assets. The sale of the last core asset, CryptoPunk, signifies the complete end of the Yuga narrative.
Back then, they bragged and crazily exploited the investors and capital, but now they can't deliver on their promises and are frantically selling off to cut losses and wash their reputation.
This move will further solidify CryptoPunks' position as the king in the NFT field.
The artificial ceiling that CryptoPunks faced due to being part of the Yuga group (internal priority conflicts) will completely disappear.
Long-term bullish on CryptoPunks.