Ethereum News

Yuga Labs hires Christie’s NFT head to lead CryptoPunks

Yuga Labs hires Christie’s NFT head to lead CryptoPunks

👋 Want to work with us? CryptoSlate is hiring for a handful of positions!

The head of Non-fungible tokens at Christie’s, Noah Davis, announced that he will join Yuga Labs to lead the iconic CryptoPunks collection that Yuga Labs bought a few months ago.

In a Twitter post, he revealed that he would be joining Yuga Labs as the Brand Lead for CryptoPunks.

He further promised that there would be no “rushed utilities or thoughtless airdrops” for the CryptoPunks collection.

Davis continued that the community would guide the direction of the CryptoPunk NFTs and said he was willing to meet Punk holders during the NFT NYC event.

Davis is a household name in the NFT space for his works at Christie’s — a traditional British auction house. He played a massive role in the auction of Beeple’s ‘The First 5,000 Days’ piece, which is the most valuable NFT at $69 million.

Under him, Christie’s made $150 million in NFT sales in 2021.

Yuga Labs confirms Punk holders would have commercial rights soon

A tweet from Yuga Lab co-founder Garga has confirmed that Punk holders would quickly have the commercial rights to their NFTs.

According to Garga, the goal has always been to transfer rights to holders. However, there was a need not to rush the process because of CryptoPunks’ status in the industry.

Garga also confirmed the…

Click Here to Read the Full Original Article at Ethereum – CryptoSlate…