Culture vs. Commerce? The Upheaval of Apes Buying Punks

This episode is sponsored by Nexo.io, Arculus and FTX US.

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On today’s episode, NLW goes deep on the implications of Bored Ape Yacht Club’s parent company Yuga Labs buying CryptoPunks IP. Specifically, he focuses on the community’s questions of commerce versus culture. Will the new commercial freedom Punks’ owners have been bestowed lead to cringe commercialism or new types of creative expression? NLW also covers the launch of ApeCoin.

Read Punk 6529’s thread: twitter.com/punk6529/status/1502595586960367617

Cozomo’s thread: twitter.com/CozomoMedici/status/1503494796509257728

See also: BAYC Backer Yuga Labs Buys CryptoPunks and Meebits

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Paul Yeung/Bloomberg via Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.