Yuga Labs has sold the IP rights to its popular Moonbirds NFT collection to Orange Cap Games. This strategic move marks a shift in focus for Yuga Labs, who now intends to prioritize their Bored Ape Yacht Club (BAYC) and Otherside projects. Orange Cap Games aims to leverage this acquisition to enhance the Moonbird NFT experience within its upcoming gaming universe. Co-founder Greg Solano emphasizes the significance of this partnership, stating, “Moonbirds deserve a team whose whole world is the birds.” 🔒 This sale reflects Yuga Labs’ evolving strategic direction and underscores the growing potential for NFTs in the gaming industry. The lack of transparency regarding financial details has sparked debate on investor impact. However, Ethereum’s role in facilitating NFT trading indicates market interest in new gaming mechanics.