Infinite Node Foundation, the holder of the CryptoPunks IP, said it has accepted a donation of Punk Strategy and is now managing the project. Its first move after taking over was to reduce the Punk Strategy token trading fee from 10% to 5%. Punk Strategy was launched in September 2025 by TokenWorks, a team focused on on-chain financialized creative experiments. The protocol uses trading activity in its token to buy CryptoPunks, list them for resale, and then use the proceeds to buy back and burn tokens. NODE said Punk Strategy was built by an independent team and previously had no affiliation with either NODE or the original creators of CryptoPunks. Foresight News had earlier reported that Yuga Labs sold the CryptoPunks IP to Infinite Node Foundation in May 2025.
Infinite Node Foundation (NODE), the holder of the CryptoPunks intellectual property, said on X that it has accepted a donation of Punk Strategy and has become the project’s manager. As its first step after taking over, NODE cut the Punk Strategy token trading fee from 10% to 5%.
Punk Strategy launched in September 2025
Punk Strategy was introduced in September 2025 by TokenWorks, a team described as working on on-chain financialized creative experiments. It was the first token launched under TokenWorks’ "Strategy" series.
According to the project description, the protocol uses trading activity in its token to acquire CryptoPunks, list them for resale, and use the proceeds to buy back and burn tokens.
NODE says the project was previously independent
NODE said Punk Strategy was developed by an independent team and previously had no connection to NODE or the original creators of CryptoPunks.
Foresight News previously reported that Yuga Labs sold the CryptoPunks IP to Infinite Node Foundation in May 2025.
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