NFT Giant Sells Moonbirds IP

Orange Cap Games Acquires Moonbirds NFT IP from Yuga Labs

• Orange Cap Games acquired the Moonbirds NFT IP from Yuga Labs.
• Yuga Labs had purchased Moonbirds and creator Proof in early 2024.
• Yuga Labs is focusing on Bored Ape Yacht Club and Otherside projects.
• The original Moonbirds collection generated $280 million in sales during its launch weekend in April 2022.
• No terms of the deal between Yuga Labs and Orange Cap Games were disclosed.

Orange Cap Games, a gaming startup, has acquired the Moonbirds NFT IP from Yuga Labs as part of Yuga’s strategy to focus on Bored Ape Yacht Club projects. The original Moonbirds collection saw significant demand, generating $280 million in sales during its initial launch.