United Talent Agency (UTA), a global talent, entertainment, and sports agency announced Tuesday that it has signed three projects using non-fungible tokens (NFTs) created by Larva Labs. UTA will collaborate with the NFT collectibles (IP) and intellectual property of the IP for Cryptopunks and Meebits across television, film and licensing, publishing and video games.
UTA to Work With 3 Larva Labs Projects Including Cryptopunks
The American talent firm based in Beverly Hills, California, United Talent Agency (UTA), has been a growing force since it was established in 1991. With close to 1,000 employees and various divisions, UTA works with merchandise branding and licensing, film, television, digital, books, music, video games, marketing, fine arts, news, and broadcasting. UTA will now be representing three popular NFT token (NFT), projects that were created by Larva Labs.
This means that intellectual property (IP), associated with NFT collectibles, can be marketed or sold in many ways. Bitcoin.com News has covered the project Cryptopunks on various occasions as the NFT project with 10,000 unique punks has seen millions of dollars in sales.
Cryptopunks by Larva Labs.
In the last seven days, Cryptopunk #9052 sold for 500 ether or $1,410,320 at the time of exchange. The first time Cryptopunk #9052 sold, it was for 18 ether or $22,215 at the time of sale. On Tuesday, Cryptopunk #4526 sold for 225 ether or $766,325, and Cryptopunk #1254 sold for 166. 66 ether or $568,757 at the time of exchange.
“Crytpopunks are a pioneering collectible that debuted four years back and they continue to be a standard in the NFT sector,” Lesley Silverman from UTA Digital Assets stated in a statement to Bitcoin.com News. “We are thrilled to explore new territory with our first-of their-kind representations of Larva Labs’ beloved projects and look forward expanding the places where fans can experience them
Meebits & Autoglyphs — UTA’s other Brokered NFT Deals
Meebits, and Autoglyphs were also popular NFTs. UTA will continue to work with these Larva Labs brands. Autoglyphs was created in 2019 and there are only 512 onchain generative NFTs — or “glyphs” — in the collection. Autoglyphs are not cheap and on August 31, two sold for over a million dollars per onchain glyph. On Tuesday, Autoglyph #463 sold for 460 ether or $1. 582 million and eight hours before that, Autoglyph #403 sold for 449 ether or $1. 512 million at the time of sale.
Autoglyphs by Larva Labs.
Meebits was launched by Larva Labs in the spring of 2021 and is the team’s latest collection. There are approximately 20,000 different 3D Meebit characters in the bunch and each one was created with a generative algorithm. 5,156 unique Ethereum addresses hold at least one Meebit NFT and one owner holds 346 Meebits, according to Dune Analytics.
Meebits by Larva Labs.
Dappradar.com shows that all-time statistics for Meebits sales is approximately $53. 249 million on August 31. On Monday, Meebit #2850 sold for 72 ether or $232,609, and the day after, Meebit #13682 was purchased for 40 ether or $136,486.
Matt Hall is an executive at Larva Labs and said that the startup is looking forward to working with UTA. He believes the projects will benefit greatly from the firm’s talent expertise.
” We are thrilled to partner with UTA to benefit the entire community involved in our projects,” Hall stated. Hall said, “Not only because of the exciting opportunities to expose them to a wider audience but also to help preserve their growth and value over the long-term.”
UTA also collaborates with NFT artists and projects like Thankyoux, Hans Zimmer and others. The talent agency also works with NFTs to produce Halsey’s artwork collection, “People Disappear Here”, Klutch Sports and a digital collection specifically for NBA rookies.
“UTA Digital Assets is one of the first major agencies to explore the crypto- and NFT space,” UTA’s announcement concluded.
What do you think about UTA representing the three NFT projects crafted by Larva Labs? Please comment below to let us know your thoughts on this topic.
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