Yuga Labs, the digital asset incubation studio and the crew behind the favored Bored Ape Yacht Membership, has introduced the sale of the mental property (IP) for its Moonbird non-fungible token assortment. The Bored Ape NFT creator has bought IP for the Moonbird NFT collections to Orange Cap Video games, a famend buying and selling card gaming firm. Yuga Labs purchased Moonbird in February 2024.
https://t.co/dWNVvZKTuZ
— Orange Cap Video games (@Ocapgames) May 30, 2025
Yuga Labs Sells IP Moonbirds NFTs
In a Might 30 weblog put up, the Orange Cap Video games crew confirmed that they’ve efficiently purchased the digital asset incubation studio Proof Collective. The gross sales included the mental property for the Moonbirds, Mythic and Oddities non-fungible token sequence. The Orange Cap Video games is a buying and selling card sport firm famend for combining bodily collectibles and digital gameplay to supply a novel expertise for buying and selling card fanatics. Whereas commenting on the acquisition, the corporate wrote:
“We’re excited to take the reins (or ought to we are saying wings) of Moonbirds and write the following chapter of one of the vital storied franchises within the on-chain (and generally in-chain) world. Moonbirds have merely been nesting in the course of the bear market, full of untapped chance, and beneath our stewardship, it’s now time to take flight.”
Launched in December 2021, Proof Collective is a digital asset incubation studio and the crew behind the Moonbirds, a non-fungible token assortment that includes a restricted set of 10,000 digital gadgets hosted on the Ethereum blockchain community. Proof Collective can also be house to Moonbirds Mythics, an NFT assortment that includes a restricted version of 20,000 hosted on the Ethereum chain and Oddities, a NFT assortment that includes a restricted version of 10,000 NFTs generated from the creativeness of artist Gremplin.
In February 2024, Yuga Labs introduced the acquisition of Proof Collective as a strategic transfer to increase Yuga Labs’ presence within the Web3 house. Launched in 2021, Yuga Labs is house to many NFT collections, together with Bored Ape Yacht Membership, Mutant Ape Yacht Membership, Bored Ape Kennel Membership and Otherside NFT assortment. Yuga Labs additionally maintain IP for Twelvefold, Koda and Kodamara NFT collections.
IP Selloff Will increase In 2025
The Moonbirds IP sale got here just some days after the Bored Ape Yacht Membership and Mutant Ape NFT creator, Yuga Labs, bought the IP for the CryptoPunks NFT assortment to Infinite Node Basis. Launched someday in 2017, CryptoPunks is a non-fungible token assortment, that includes a restricted provide of 10,000 pixilated digital gadgets hosted on the Ethereum blockchain community. In response to the IP sale, the Moonbirds NFT assortment has surged in gross sales quantity and ground value worth.
Yuga Labs bought Cryptopunks IP to Node Basis for $20Mn
Lots of people known as this a foul transfer as they really feel Yuga may have bought Punks IP for extra
Even Luca Netz stated he “would’ve spent 75(Mn)”
These individuals don’t see the larger image: Punks IP is bought to a non-profit org… pic.twitter.com/DBgMKFocuh
— JBond (@jbondwagon) May 14, 2025
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