Nifty News: Yuga Labs buys CryptoPunks, 1inch Wallet supports NFTs and more

2 years ago

This week's Nifty News circular up follows a play afloat of Yuga Labs announcements, the commencement of Austin's SXSW league and added NFT enactment for 1inch Wallet users.

Yuga Labs acquires CryptoPunks and Meebits

Yuga Labs, creator of Bored Ape Yacht Club, oregon BAYC, announced its acquisition of the Intellectual Property, oregon IP, of the CryptoPunks and Meebits NFT collections from Larva Labs. By adding these brands to their portfolio, Yuga Labs present owns copyright successful the art, on with 423 CryptoPunks and 1711 Meebits.

Some large quality to stock today: Yuga has acquired the CryptoPunks and Meebits collections from @LarvaLabs, and the archetypal happening we’re doing is giving afloat commercialized rights to the NFT holders. Just similar we did for BAYC and MAYC owners. pic.twitter.com/lAIKKvoEDj

— Yuga Labs (@yugalabs) March 11, 2022

CryptoPunks' presumption and conditions, dissimilar BAYC, antecedently restricted the transportation of IP, copyright oregon trademark to Punk owners. That's wherefore Yuga Labs decided to springiness afloat commercialized rights to NFT holders to alteration "developers and assemblage creators to incorporated CryptoPunks and Meebits into their Web3 projects."

Matt Hall and John Watkinson, co-founders of Larva Labs, are not joining Yuga and volition proceed to tally projects retired of Larva Labs. They stated successful a blog station that arsenic the class of Profile Picture Projects, oregon PFP, grew into an manufacture successful itself, "we saw successful [Yuga Labs] the accomplishment acceptable and expertise successful this abstraction that we were missing."

NFT enactment added to the 1inch Wallet

The 1inch Network announced that 1inch Wallet users volition beryllium capable to presumption their NFTs held successful their code and presumption accusation connected them. This diagnostic is intended to facilitate NFT retention and management, arsenic good arsenic alteration users to nonstop NFTs to different wallets.

1inch Wallet integrated the OpenSea API successful bid to adhd NFT support. Currently, the NFT enactment diagnostic is disposable connected the Ethereum and Polygon networks and volition reportedly grow to different chains "soon."

— 1inch Network (@1inch) March 16, 2022

San Antonio Spurs auction hoops plays

The San Antonio Spurs released the “1,336 Coach Pop NFT Collection” to grant caput manager Gregg Popovich's, AKA Coach Pop, 1,336 vocation wins. The NBA squad has won 5 NBA Championships and Coach Pop broke the grounds for winning the astir games of immoderate manager successful NBA history. The postulation features integer recreations of Popovich’s hand-drawn plays. 100% of each proceeds volition spell to the San Antonio Food Bank, arsenic per the coach's request.

The 1336 Coach Pop NFT Collection is LIVE

Each #NFT highlights a hand-drawn play with a integer signature from Coach Pop and a backdrop of the antithetic courts we've played connected during his tenure! All proceeds payment @safoodbank. Bid present until March 17 ⤵️@opensea | #PorVida

— San Antonio Spurs (@spurs) March 14, 2022

The Spurs' longtime adjunct coach, Brett Brown, primitively had the thought to commemorate the NBA’s winningest caput manager via an NFT auction. Out of the 1336 full pieces, 5 of which are 1:1 auctions that see the carnal play paper and a Spurs acquisition adjacent play for the winner. The different 1331 NFTs are a operation of the 5 play cards and 5 courts that the Spurs person played connected during manager pop’s tenure.

Other Nifty News

On Wednesday, Coinbase launched a caller feature, dubbed "Coinbase Pay," that enables its clients to money their Coinbase Wallets straight from a Chrome browser extension. According to its staff, Coinbase Pay intends to marque it intuitive for anyone to enactment successful decentralized finance, oregon DeFi, swap tokens connected decentralized exchanges, oregon DEXs, and acquisition nonfungible tokens, oregon NFTs, successful conscionable a fewer clicks.

The yearly South by Southwest, oregon SXSW, league kicked disconnected this past play with "NFTs everywhere." Companies from Doodles to Porsche offered NFT-themed installations to the thousands of attendees successful Austin, Texas. SXSW had been cancelled for the past 2 years owed to the COVID-19 pandemic.   

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