Yuga Labs | Crypto

Orange Cap Games has acquired the IP rights to Moonbirds from Yuga Labs, driving the NFT collection’s biggest sales spike in months. Ethereum-based non-fungible token (NFT) collection Moonbirds saw a resurgence in market activity following the sale of its intellectual property (IP) to blockchain game development studio Orange Cap Games.  On June 6, data from NFT data aggregator CryptoSlam revealed that Moonbirds reached a weekly sales volume of over $2 million, up 2,525% from the previous week. For monthly volumes, the collection had surpassed its sales performance for all of May by June 6.  In June, the collection has sales of around $1.4 million so far, up 43% from May’s $900,000. Moonbirds also reached over 1,000 transactions in the last seven days, a 877% increase over the previous week.  Read more

Orange Cap Games has acquired the Moonbirds, Mythics and Oddities NFT collections from Yuga Labs, just a year after the NFT conglomerate acquired them. Crypto gaming startup Orange Cap Games (OCG) has acquired the intellectual property of the Ethereum-based non-fungible token collection Moonbirds from Yuga Labs. OCG said on May 30 that it bought the Moonbirds, Mythics and Oddities NFT collections from Yuga, but did not disclose details or pricing of the deal. It comes a little over a year after Yuga acquired the three collections when it took over the company that created them, PROOF, in February. Read more

The foundation is a nonprofit devoted to "safeguarding internet-native culture." The sale price is undisclosed. Infinite Node Foundation (NODE), a nonprofit focused on digital art, has acquired the intellectual property of the CryptoPunks non-fungible token (NFT) collection from Yuga Labs, NODE said in a May 13 announcement.  The acquisition of CryptoPunks, plus its additional $25 million endowment, establishes NODE as “the most well-capitalized nonprofit dedicated solely to digital art in the United States,” the foundation said in an X post.  The terms of the deal were not disclosed.  Read more