Orange Cap Games acquires Yuga Labs' Moonbirds
The post Orange Cap Games acquires Yuga Labs' Moonbirds appeared on BitcoinEthereumNews.com. Yuga Labs announced the sale of Moonbirds to Orange Cap Games, a trading cards game company. This is the second IP divestment for Yuga Labs, following the sale of Crypto Punks. Yuga Labs has divested the Moonbirds collection, selling the intellectual property rights to Orange Cap Games, a card trading company. Orange Cap Games will also hold the rights to the Mystics and Oddities collections, a variation of the main Moonbirds mint. The Moonbirds collection is the second sale for Yuga Labs after the sale of CryptoPunks to the Infinite Node Foundation. The sale was announced by Greg Solano, co-founder of Yuga Labs. Moonbirds has been acquired by @ocapgames Spencer and the team at Orange Cap Games are among the smartest, most detail-oriented builders in consumer crypto. They put love, genuine craft, and a fair bit of neurotic perfectionism in everything they touch (ask @spencer to tell you… https://t.co/5ADNebM0wD — Garga.eth (Greg Solano) (@CryptoGarga) May 30, 2025 Yuga Labs retains the Bored Ape Yacht Club collection and the Otherside metaverse collection. The sale of NFT IP is partially an attempt to preserve the tokens and their art in a more reliable environment. Moonbirds trading revived after IP sale The Moonbirds collection is relatively smaller and less successful compared to the Crypto Punks. Moonbirds started with a floor price above 28 ETH, to slide as low as 0.30 ETH. The IP sale announcement boosted the floor price to 0.43 ETH. The Moonbirds floor price rallied after the news of the IP sale, rising to 0.47 ETH. | Source: NFT Floor Price Despite this, some of the latest Moonbird sales ask for as much as 3.99 ETH, depending on the rarity and qualities. The NFT market has been mostly abandoned by crypto insiders, displaced by meme tokens. For some collections, attempts were…
The post Orange Cap Games acquires Yuga Labs' Moonbirds appeared on BitcoinEthereumNews.com.
Yuga Labs announced the sale of Moonbirds to Orange Cap Games, a trading cards game company. This is the second IP divestment for Yuga Labs, following the sale of Crypto Punks. Yuga Labs has divested the Moonbirds collection, selling the intellectual property rights to Orange Cap Games, a card trading company. Orange Cap Games will also hold the rights to the Mystics and Oddities collections, a variation of the main Moonbirds mint. The Moonbirds collection is the second sale for Yuga Labs after the sale of CryptoPunks to the Infinite Node Foundation. The sale was announced by Greg Solano, co-founder of Yuga Labs. Moonbirds has been acquired by @ocapgames Spencer and the team at Orange Cap Games are among the smartest, most detail-oriented builders in consumer crypto. They put love, genuine craft, and a fair bit of neurotic perfectionism in everything they touch (ask @spencer to tell you… https://t.co/5ADNebM0wD — Garga.eth (Greg Solano) (@CryptoGarga) May 30, 2025 Yuga Labs retains the Bored Ape Yacht Club collection and the Otherside metaverse collection. The sale of NFT IP is partially an attempt to preserve the tokens and their art in a more reliable environment. Moonbirds trading revived after IP sale The Moonbirds collection is relatively smaller and less successful compared to the Crypto Punks. Moonbirds started with a floor price above 28 ETH, to slide as low as 0.30 ETH. The IP sale announcement boosted the floor price to 0.43 ETH. The Moonbirds floor price rallied after the news of the IP sale, rising to 0.47 ETH. | Source: NFT Floor Price Despite this, some of the latest Moonbird sales ask for as much as 3.99 ETH, depending on the rarity and qualities. The NFT market has been mostly abandoned by crypto insiders, displaced by meme tokens. For some collections, attempts were…
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