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Home Crypto News Market Cryptopunks Going Hollywood As Larva Labs Signs Deal With United Talent Agency...

Cryptopunks Going Hollywood As Larva Labs Signs Deal With United Talent Agency (UTA)

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Larva Labs, the creators of popular CryptoPunks and Meebits NFT, has signed a deal with United Talent Agency (UTA).


UTA will represent the team as it looks to bring its original properties into film, TV, video games, and beyond.

 

Canadian software developers Matt Hall & John Watkinson founded Larva Labs in 2005. CryptoPunks was their brainchild and one of the first NFT projects that was released in 2017. It also became one of the first to go live on the Ethereum blockchain.

There are only 10,000 unique collectible characters in the CryptoPunks universe. Today the collection totals more than $3 billion.




Lesley Silverman, head of UTA Digital Assets, told The Hollywood Reporter.

“I would say that it is one of the first opportunities for an IP that fully originated in crypto-world to enter a broader entertainment space, and they earned it, They really have hit the zeitgeist in a tremendous way.”

Larva Labs co-founder Matt Hall said:

“We are excited to work with UTA for the benefit of the entire community connected to our projects, Not only for the exciting opportunities to bring them wider exposure, but to help protect their growth and value for the long term.”

Visa bought Crypto Punk last week for $150,000, the company also released an NFT report, which shares a bullish outlook about the future of non-fungible tokens.

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The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Mark Bernnan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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