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 offered 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.
— Orange Cap Video games (@Ocapgames) Could 30, 2025
Yuga Labs Sells IP Moonbirds NFTs
In a Could 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 singular expertise for buying and selling card lovers. 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 subsequent chapter of some of the storied franchises within the on-chain (and typically in-chain) world. Moonbirds have merely been nesting in the course of the bear market, stuffed with untapped chance, and underneath 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 objects hosted on the Ethereum blockchain community. Proof Collective can also be dwelling 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 broaden Yuga Labs’ presence within the Web3 house. Launched in 2021, Yuga Labs is dwelling 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 only a few days after the Bored Ape Yacht Membership and Mutant Ape NFT creator, Yuga Labs, offered 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 objects 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 offered Cryptopunks IP to Node Basis for $20Mn
Lots of people referred to as this a foul transfer as they really feel Yuga might have offered Punks IP for extra
Even Luca Netz mentioned he “would’ve spent 75(Mn)”
These folks don’t see the larger image: Punks IP is offered to a non-profit org… pic.twitter.com/DBgMKFocuh
— JBond (@jbondwagon) Could 14, 2025
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