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Yuga Labs has sold the Moonbirds NFT IP to gaming startup Orange Cap Games, continuing its strategic shift to focus on the Bored Ape Yacht Club and Otherside metaverse. The move follows Yuga’s recent divestment of CryptoPunks and Meebits IP, signaling a streamlined direction for the crypto giant.
- Yuga Labs sold Moonbirds IP to Orange Cap Games, reinforcing its focus on Bored Ape and Otherside projects.
- Orange Cap Games plans to mint future Moonbirds assets on Ethereum layer-1 or Yuga's ApeChain.
- Yuga has divested multiple NFT IPs in 2024, including CryptoPunks and Meebits, streamlining its portfolio.
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