NFT Creator of Bored Apes Sells Moonbirds Intellectual Property to Orange Cap Games
Yuga Labs, the badass crew behind the BAYC (Bored Ape Yacht Club), has cashed out, selling the IP for their Moonbird non-fungible token (NFT) collection to Orange Cap Games. This isn't Yuga's first foray into the selling scene either, as they've previously dealt the IP for the blazing hot CryptoPunks collection to Infinite Node Foundation.
In a blog post, Orange Cap Games told the world they're taking flight with Moonbirds, aiming to create a new chapter for this digital franchise. Dubbed a storied series, the Moonbirds collection was under Proof Collective, a digital asset incubation studio, till it got bought by Yuga Labs back in 2024.
But, with a change in priorities, Yuga Labs is all set to focus on their significant projects like the Bored Ape Yacht Club and the Otherside metaverse. No biggie, since Orange Cap Games is more than ready to dive into the Moonbirds' world. Established as a trading card game company known for blending physical collectibles with digital gameplay, Orange Cap Games seems up for the task.
Remember the Moonbirds collection? Launched in 2021, it gained crazy attention during its first weekend, raking in over $280 million in sales. The Moonbirds Mythics and Oddities collections, part of the Moonbirds ecosystem, also came under the Yuga Labs umbrella along with the main collection.
This isn't the first time Yuga Labs has made a move like this, either. In May 2025, they sold the IP for the CryptoPunks to Infinite Node Foundation, and the internet went wild. Some people called it a boneheaded move, questioning whether Yuga missed out on big bucks. But when you look at the bigger picture, it becomes clear that the IP sale to a non-profit org was a genius decision.
And this latest move? Yuga Labs has cut ties with the Moonbirds once more in an attempt to streamline their focus on their core projects. This megatrend seems to be catching on in the NFT world, with bigwigs like Yuga selling off non-key assets to concentrate on their major players.
As for the Moonbirds, this sale could mean a fresh start. With Orange Cap Games getting their claws into it, there's a good chance we'll see some exciting, innovative experiences that bring new life to the collection. Fans of Moonbirds shouldn't be too down about the sale either, as fresh blood might just be what the collective needs to reclaim its spot in the limelight.
In any case, the sale of Moonbirds is a significant shift in the strategy of Yuga Labs, highlighting a broader trend in the NFT space focused on core projects and divesting from non-core brands. By focusing on flagship assets, Yuga sets themselves up for steady growth, and movements like these could pave the way for a new era in the NFT universe.
So, what does the future hold for the Moonbirds? We'll have to wait and see, but with Orange Cap Games involved, we're keeping our fingers crossed for some serious takeoff! In the world of NFTs, anything can happen, and if the sales volumes and floor price values are any indication, the Moonbirds might just be heading for a major comeback. Time will tell, so stay tuned!
- The sale of Moonbirds to Orange Cap Games, a trading card game company known for blending physical collectibles with digital gameplay, could bring new innovations to the collection and a possible resurgence in popularity.
- With Yuga Labs, the creators behind the Bored Ape Yacht Club, focusing on their core projects and selling off non-key assets, a trend seems to be emerging in the NFT world, where bigwigs like Yuga are streamlining their focus and setting themselves up for steady growth.
