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How a disillusioned former CryptoPunk owner is trying to change the NFT copyright game

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How a disillusioned former CryptoPunk owner is trying to change the NFT copyright game

by MK Manoylov
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Quick Takes
  • Punk 4156 had dreams of commercializing his CryptoPunk. Then copyright restrictions got in the way. 
  • NounsDAO, the project that Punk 4156 started instead, is aimed at freeing NFT owners from the restrictive copyright rules imposed by the creators of CryptoPunks.
Punk 4156 didn’t want to sell his precious — and rare — CryptoPunk for over $10 million, but he felt he had no choice.

CryptoPunks, a collection of 10,000 algorithmically generated pixelated heads, first dropped in 2017, was the original profile picture non-fungible token (NFT) collection. Punk 4156, like many fellow Punk owners, chose to use his NFT as a sort of digital identity.

His pseudonym (which he kept after he sold the token) comes from his old Punk: CryptoPunk #4156, one of 24 Ape Punks known for its blue bandana. It’s the 46th rarest NFT of the collection. 

In the beginning, Punk 4156 had what he thought was a straightforward plan for his NFT, beyond using it as his digital identity: to turn it into a business. 
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