Moonbirds NFT sales see a surge after IP rights are acquired by Orange Cap Games from Yuga Labs.
Yuga Labs offloads NFT icons like CryptoPunks and Moonbirds to focus on Apes and Otherside amid market challenges.
Orange Cap Games acquires Moonbirds NFT IP from Yuga Labs to innovate through gaming and collectibles using Ethereum and ApeChain.
Yuga Labs sells Moonbirds NFT to Orange Cap Games, refocusing on Bored Ape Yacht Club.
Moonbirds Ethereum NFT franchise moves from Yuga Labs to a gaming startup, following the footsteps of CryptoPunks and Meebits.
Kevin Rose revives Digg with help from Moonbirds' Justin Mezzell, Reddit's Alexis Ohanian, and AI.
Yuga Labs recently announced that holders of Moonbirds, an Ethereum NFT collection, would have exclusive commercial rights. This move raises intellectual property concerns within the cryptocurrency world, highlighting the complex legal landscape NFT creators and owners must navigate.
Yuga Labs, after acquiring Moonbirds, an NFT collection, is reverting to copyright protection for the artwork and planning new art creations.
