Cloned CryptoPunks Return to OpenSea Marketplace After DMCA Notice of Dispute

The OpenSea non-fungible token marketplace is again listing Polygon-based copy of CryptoPunks after a successful Digital Millennium Copyr...



The OpenSea non-fungible token marketplace is again listing Polygon-based copy of CryptoPunks after a successful Digital Millennium Copyright Act challenge notice.

In a September 28 announcement on Twitter, the PolygonPunks project noted his non-fungible collectibles, or NFTs, were back on OpenSea after responding to a DMCA takedown notice from Larva Labs, the creator of CryptoPunks. The punks were started from OpenSea in August after becoming one of the most popular collections on the market.

Copyright and intellectual property laws are kind of a gray area in the crypto space. Larva Labs reportedly obtained a DMCA takedown notice for Polygon-based CryptoPunks, which he was able to file claiming that his rights to material on the Internet had been infringed under US copyright law.

According to the DMCA, PolygonPunks should have claims its material “has been deleted or deactivated by mistake or misidentification”. This now apparently leaves Larva Labs with no other way to remove the punks without a court order.

Related: The minting, distribution and sale of NFT must involve copyright law

DappRadar data shows CryptoPunks is the third most popular NFT project in terms of trading volume, with around $ 10 million in tokens traded in the past 24 hours. OpenSea now lists 10,000 PolygonPunks, sale $ 26,491 in punks since the project returned to market 22 hours ago. In addition, Solana SolPunks are still traded on the Solanart market.