On Tuesday, the global talent, sports and entertainment agency United Talent Agency (UTA) announced that the company has signed three non-fungible token (NFT) projects from Larva Labs. UTA will partner with the NFT collectibles and intellectual property (IP) for cryptopunks, meebits and autoglyphs in television, film, licensing, publishing and video games.
UTA works with 3 Larva Labs projects including Cryptopunks
American talent factory United Talent Agency (UTA), headquartered in Beverly Hills, California, has been a growing force in digital, books, music, video games, marketing, visual arts, news and broadcasting since it was founded in 1991. Now UTA is entering the world of Larva Labs as it will represent three popular non-fungible token (NFT) projects that were coined by the NFT startup.
This means that the company’s intellectual property (IP) associated with the NFT collectibles can be marketed and sold in a number of different ways. Bitcoin.com News has reported on the Cryptopunks project on several occasions as the NFT project generated millions in sales with 10,000 unique punks.
In the past seven days, at the time of the exchange, Cryptopunk # 9052 was selling for 500 ethers, or $ 1,410,320. When Cryptopunk # 9052 was first sold, it was priced at 18 ethers, or $ 22,215 at the time of sale. On Tuesday, Cryptopunk # 4526 sold for 225 ethers, or $ 766,325, and at the time of the exchange, Cryptopunk # 1254 was sold for 166.66 ethers, or $ 568,757.
“Crytpopunks were a landmark collector’s item when they debuted four years ago, and they continue to set the standard in the NFT space,” Lesley Silverman, director of UTA Digital Assets, said in a statement to Bitcoin.com News. “We’re excited to be breaking new ground with our first presentation of Larva Labs’ popular projects, and look forward to expanding the places fans can experience.”
Meebits and Autoglyphs – UTA’s other brokered NFT deals
Meebits and Autoglyphs were also popular NFTs and UTA will partner with these Larva Labs brands as well. Autoglyphs was created in 2019 and there are only 512 generative onchain NFTs – or “glyphs” – in the collection. Autoglyphs aren’t cheap, and on August 31st, two sold for over a million dollars per onchain glyph. On Tuesday, Autoglyph # 463 sold for 460 ethers, or $ 1.582 million, and eight hours earlier, Autoglyph # 403 at the time of sale was sold for 449 ethers, or $ 1.512 million.
Meebits was launched by Larva Labs in spring 2021 and is the team’s latest collection. There are around 20,000 different 3D Meebit characters in the league and each one was created using a generative algorithm. 5,156 unique Ethereum addresses hold at least one meebit NFT and one owner holds 346 meebits, according to Dune Analytics.
Dappradar.com shows that total meebits sales statistics on August 31st are approximately $ 53.249 million. On Monday, Meebit # 2850 was sold for 72 ethers, or $ 232,609, and the following day, Meebit # 13682 was sold for 40 ethers, or $ 136,486.
Matt Hall, a senior executive at Larva Labs, said the startup looks forward to working with UTA and believes the projects will benefit from the company’s talent expertise.
“We are excited to work with UTA for the benefit of the entire community associated with our projects,” said Hall. “Not just because of the exciting ways they can have a wider presence, but also to protect their growth and value over the long term,” he added.
UTA has also worked with other NFT projects and artists such as Thankyoux and Hans Zimmer. The talent agency also works with NFTs for Halsey’s “People Disappear Here” artwork collection, Klutch Sports, and a digital collection for NBA rookies.
“UTA Digital Assets was one of the first large agencies to deal with the crypto and NFT area,” concludes UTA’s announcement.
What do you think of UTA representing Larva Labs’ three NFT projects? Let us know what you think on this matter in the comments below.
Photo credits: Shutterstock, Pixabay, Wiki Commons, Larva Labs, Cryptopunks, Autoglyphs, Meebits
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