- PolygonPunks would have had to argue that their material was removed or blocked by error or misidentification, according to the DMCA
- In the crypto world, copyright and intellectual property rules are a bit of a grey area. According to reports, Larva Labs acquired a DMCA takedown request for the Polygon-based CryptoPunks
- CryptoPunks is the third-most-popular NFT project by transaction volume, according to DappRadar, with nearly $10 million worth of tokens changing hands in the last 24 hours
PolygonPunks would have had to argue that their material was removed or blocked by error or misidentification, according to the DMCA. Following a successful Digital Millennium Copyright Act counter-notice, nonfungible token (NFT) marketplace OpenSea is once again offering the Polygon-based replica of CryptoPunks.
After responding to a DMCA takedown request from Larva Labs, the author of CryptoPunks, the PolygonPunks project announced on Twitter on Tuesday that their NFT collectibles were back on OpenSea. After being one of the most popular collections on the marketplace, the punks were kicked off of OpenSea in August.
In the crypto world, copyright and intellectual property rules are a bit of a grey area. According to reports, Larva Labs acquired a DMCA takedown request for the Polygon-based CryptoPunks, which it was able to file by alleging that its copyright rights over information on the internet had been infringed.
PolygonPunks would have had to argue that their material was removed or blocked by error or misidentification, according to the DMCA. Without a court order, Larva Labs appears to have no other option for removing the punks.
CryptoPunks is the third-most-popular NFT project by transaction volume, according to DappRadar, with nearly $10 million worth of tokens changing hands in the last 24 hours. Since the project’s reintroduction to the marketplace 22 hours ago, OpenSea has listed 10,000 PolygonPunks and sold $26,491 worth of them. Furthermore, Solana-based SolPunks continues to trade on the Solanart marketplace. PolygonPunks announced Tuesday on Twitter (NYSE:) that their NFT collectibles were back on OpenSea after responding to a DMCA takedown notice from Larva Labs, the founder of CryptoPunks. The punks were kicked from OpenSea in August after becoming one of the marketplace’s most trendy collections.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.