Yuga Labs Sells CryptoPunks IP + Ethos NFT Drop Controversy
Explicit content warning
05/14/25 • 128 min
Cap and Steve unpack the $20 million sale of the CryptoPunks IP from Yuga Labs to a newly formed nonprofit, debating whether the move marks a smart strategic refocus or a missed opportunity for Yuga's original Web3 ambitions. They also call out the lack of transparency in Ethos’ recent validator NFT drop, where some contributors were snubbed in favor of low-activity recipients. The second half pivots to Abstract Chain strategy, where XP farming mechanics and Big Pudgy NFT bonuses are driving a fresh round of speculation and optimization.
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- Captain Zwingli: https://x.com/ChrisJourdan
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This podcast is for entertainment purposes only. None of the information shared on this podcast is meant to be taken as financial advice. Chris, Steve and guest speakers may hold tokens discussed
Check Out:
The Everything Token: A Book on Web3 and NFTs
Newsletter: CwC Weekly
ENS: Ethereum Naming Service
Beezie: Transforming the World of Collectibles
Cap and Steve unpack the $20 million sale of the CryptoPunks IP from Yuga Labs to a newly formed nonprofit, debating whether the move marks a smart strategic refocus or a missed opportunity for Yuga's original Web3 ambitions. They also call out the lack of transparency in Ethos’ recent validator NFT drop, where some contributors were snubbed in favor of low-activity recipients. The second half pivots to Abstract Chain strategy, where XP farming mechanics and Big Pudgy NFT bonuses are driving a fresh round of speculation and optimization.
Subscribe on YouTube: https://www.youtube.com/@coffeewithcaptainshow
Follow us on the X app:
- Captain Zwingli: https://x.com/ChrisJourdan
- Steve: https://x.com/SteveKBark
- dGen Network: https://x.com/dGenNetwork
This podcast is for entertainment purposes only. None of the information shared on this podcast is meant to be taken as financial advice. Chris, Steve and guest speakers may hold tokens discussed
Check Out:
The Everything Token: A Book on Web3 and NFTs
Newsletter: CwC Weekly
ENS: Ethereum Naming Service
Beezie: Transforming the World of Collectibles
Previous Episode
Kaito Proves Its Value for Creators + Coinbase Joins S&P 500
Cap and Steve explore the evolving role of creator economics in Web3 through the rise of Kaito’s yap-to-earn model, with Phunky revealing he earned $6,400 from Polkadot incentives in a single month. They discuss Flow’s surprising developer growth and renewed DeFi activity, contrast it with Blast’s apparent collapse, and highlight Coinbase’s entry into the S&P 500 as a milestone for crypto’s legitimacy. The Beezie-powered Clawfee with Captain segment returns with a revamped interface and three community participants testing their luck at collectible pulls.
Subscribe on YouTube: https://www.youtube.com/@coffeewithcaptainshow
Follow us on the X app:
- Captain Zwingli: https://x.com/ChrisJourdan
- Steve: https://x.com/SteveKBark
- dGen Network: https://x.com/dGenNetwork
This podcast is for entertainment purposes only. None of the information shared on this podcast is meant to be taken as financial advice. Chris, Steve and guest speakers may hold tokens discussed
Check Out:
The Everything Token: A Book on Web3 and NFTs
Newsletter: CwC Weekly
ENS: Ethereum Naming Service
Beezie: Transforming the World of Collectibles
Next Episode
AI Sports Bettors Are Getting Smarter + Web3 Token Trust Falls
Cap and Steve celebrate Coffee with Captain’s 900th episode while diving into growing skepticism around NFT-linked airdrops and token launches. They debate the value gap between Pudgy Penguins and Bored Apes, question why founders continue to repeat avoidable mistakes during TGE rollouts, and reflect on how alignment across Web3 has deteriorated since 2021. The conversation also previews Clutch’s parlay betting app launching on ApeChain and features an AI deep dive with Bunchu after Billy correctly picked the Kentucky Derby winner. In the final segment, they unpack the alarming Coinbase support breach that leaked customer data
Special Guests:
Bunchu - AI Expert and CEO of Billy Bets: https://x.com/BunchuBets
Clutch Markets: https://x.com/ClutchMarkets
Subscribe on YouTube: https://www.youtube.com/@coffeewithcaptainshow
Follow us on the X app:
- Captain Zwingli: https://x.com/ChrisJourdan
- Steve: https://x.com/SteveKBark
- dGen Network: https://x.com/dGenNetwork
This podcast is for entertainment purposes only. None of the information shared on this podcast is meant to be taken as financial advice. Chris, Steve and guest speakers may hold tokens discussed
Check Out:
The Everything Token: A Book on Web3 and NFTs
Newsletter: CwC Weekly
ENS: Ethereum Naming Service
Beezie: Transforming the World of Collectibles
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