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The Museum of Modern Art (MoMA) in New York has acquired eight CryptoPunks and eight Chromie Squiggles for its permanent collection, donated by multiple collectors including ARTnews Top 200 Collector Ryan Zurrer and others. The works, both generative NFT projects on the Ethereum blockchain, were added through MoMA's Media and Performance department and will be displayed alongside new media art. CryptoPunks, launched by Larva Labs in 2017, are considered the first major NFT collection, while Chromie Squiggles were created by Erick Calderon (Snowfro) as the first project on ArtBlocks.

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The Infinite Node Foundation, a new nonprofit focused on digital art conservation founded by venture capitalist Meyer 'Micky' Malka and Becky Kleiner, has acquired the full intellectual property rights to CryptoPunks from Yuga Labs. The purchase price is reported to be around $20 million. CryptoPunks, created in 2017 by Matt Hall and John Watkinson, is one of the earliest and most famous NFT collections, credited with sparking the 2021 NFT craze. Yuga Labs, the parent company of Bored Ape Yacht Club, had bought the rights in 2022 for an undisclosed sum. The foundation's advisory board includes Web3 figures such as Yuga Labs co-founder Wylie Aronow and Art Blocks founder Erick Calderon.

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