Yuga Labs: I never wanted CryptoPunks to issue coins
Waleswoosh, an anonymous researcher in the Azuki NFT series who previously disclosed that OpenSea registered a foundation in the Cayman Islands, posted on the X platform that if the blue-chip NFT project CryptoPunks released PUNK tokens, what would the market look like? Garga.eth (Greg Solano), co-founder of Yuga Labs, responded: "Wow! I never thought of that."
Previously, about two years ago, Yuga Labs (BAYC development company) and Larva Labs (CryptoPunks development company) jointly issued a statement saying that Yuga Labs had acquired the IP of CryptoPunks and Meebits from Larva Labs.