Noah Davis, head of Christie’s non-fungible tokens, has announced that he will join Yuga Labs to lead the iconic CryptoPunks collection that Yuga Labs purchased a few months ago.
and twitter After posting, he revealed that he would join Yuga Labs as a brand lead for CryptoPunks.
Resigned in July with CryptoPunks as brand lead @yugalabs Before I say anything, it’s important to see what we’re not doing … Simply put, I don’t mess with punk … 🧵👇🏻
— Noah (@NonFungibleNoah) June 19, 2022
He further promised that the CryptoPunks collection would be free of “rushing utilities and thoughtless airdrops.”
Davis continued to guide the community in the direction of the CryptoPunk NFT and said he was ready to meet punk holders during the NFT NYC event.
Davis is a popular name in the NFT space for his work at Christie’s, a traditional British auction house. He played a major role in Beeple’s “First 5,000 Days” auction. This is the most valuable NFT for $ 69 million.
Under him, Christie’s earned $ 150 million in NFT sales in 2021.
Yuga Labs confirmed that punk owners will soon have commercial rights
Tweet from YugaLab co-founder Garga We have confirmed that puncture holders will soon have commercial rights to NFTs.
I love CryptoPunks. It is a well-known fact that Matt and John’s work gave BAYC a great deal of inspiration. @GordonGoner And I think punk is fine art. Generative art experiments have been imprinted on the blockchain and adopted by a diverse community stranded in 2018, when many left.
— Garga.eth (@CryptoGarga) June 19, 2022
According to Garga, the goal was always to transfer the rights to the owner. However, due to the status of CryptoPunks in the industry, we didn’t have to rush the process.
Garga also confirmed the adoption of Noah Davis.
CryptoPunks are not looking at the bear market
The iconic NFT collection is witnessing a surge in trading volumes and rising minimum rates, which seems to go against current bear market trends.
according to data According to CryptoSlam, transaction volume over the last 24 hours has dropped by more than 16%. However, it remains the most traded collection, with over $ 6 million in transactions during the period.
In the last seven days, the collection has the second highest sales, with sales of over $ 22 million.
Around nftpricefloorCryptoPunks is currently trading at 68 ETH ($ 73,372), up 10% in the last 24 hours and 40% in the last 7 days.
