CryptoPunk, Meebits Owners can now Create Commercial Projects With Their NFTs

Owners of CryptoPunk and Meebits non-fungible tokens (NFTs) can now create commercial projects and products based on their NFTs.

The announcement comes following Yuga Labs’ release of its long-awaited intellectual property (IP) licensing deal for CryptoPunk and Meetbits NFT holders on Monday.
Yuga Labs first bought the collections from Larva Labs in March, and holders of these NFTS have been awaiting the announcement since then.
The new IP licensing agreement has put these NFT holders on the same level as the IP rights enjoyed by the Bored Ape Yacht Club’s holders, as the deal will give them full commercialisation rights …
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