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Since everyone has a strong opinion on Punk copyright license, and seemingly no one has even bothered to google it, I did. Here's a thread on my findings (1 of 6):
(2 of 6) Here is a lengthy blog post (updated on 3/16/21) from @ericladler an attorney that claims to have helped @larvalabs set up the CryptoPunk copyright license agreement (for what it's worth, @matthall2000 and @pents90 from LL both follow him). http://pnwstartuplawyer.com/crypto-punks-copyright/
(3 of 6) The best part of this blog post: the attorney actually links to the License Agreement that he claims he drafted for them. On page 2 of the License Agreement, you will find the Grant of Rights... https://docs.google.com/document/d/1c-SFk8FNWCXcOi6N-YlzTJjzkvj3OreXECqe3hyItD4/edit
(4 of 6) ...It states that owners have license to "reproduce, display, transmit and distribute images of the(ir) CryptoPunk through all media now known or hereinafter developed." Derivative works and commercial usage rights are not expressly mentioned, prohibited or restricted.
(5 of 6) Furthermore, at the 50:50 mark of this interview dated April 8, 2021, podcaster @kevinrose asks Matt and John if a Punk owner can put their Punk on a t-shirt and sell it - and they answer... https://open.spotify.com/episode/7dTjt0p5jWd3HLikqbMia9?si=4j0iAx6ARQ2bXFc8Uzp_WA
(6 of 6)..."yeah, we try to be pretty generous with that... so yeah if you own a CryptoPunk you can put it on a shirt... and that's partly why the Punks are where they are today... so we wanna respect that for sure..." Not saying this is iron-clad FYI just sharing what I found.
P.s. I am an animated rapper and I do not give legal or financial advice.
