Yuga Labs Offloads Moonbirds IP, Giving Rise to a Gaming Franchise

In a significant shakeup of the NFT landscape, Yuga Labs has transferred the intellectual property rights of its popular Moonbirds NFT collection to Orange Cap Games. This move signifies a strategic shift for both parties, as Yuga Labs aims to further develop its Otherside metaverse while allowing Orange Cap Games to leverage Moonbirds’ potential within a gaming ecosystem. The acquisition is likely to revitalize the project, which has seen reduced momentum in recent months. )