The post Yuga Labs Announces Full Decentralization of CryptoPunks appeared first on Coinpedia Fintech News
Yuga Labs has declared a hands-off approach to CryptoPunks, thereby ensuring complete decentralization. The company has decided to solely assist museums and institutions in acquiring Punks for educational purposes. Additionally, collaborations with well-known artists are planned, including an artist-in-residence program with Nina Chanel. This will enrich the CryptoPunks ecosystem. This move aims to solidify the status of CryptoPunks as a decentralized entity, encouraging broader community engagement and creativity while preserving its cultural significance.