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Yuga Labs, two months after the acquisition of Moonbirds (NFT), has shared updates on its project.
The project was revealed on April 29 in a tweet by X. “Moonbirds Universe” — a digital space for Moonbirds NFT holders to engage within the “Volaria” world.
Moonbirds Univers will only be accessible to NFT-holders, because the project has moved from a Creative Commons Zero Model (CC0), and is now part of Mythics with rights to commercial use.
The new direction involves a collaborative effort with Colin Hesterly – an artist and director well known for his work with Mythics.
Moonbirds, in addition to their metaverse shift to Otherside by Yuga Labs, will become 3D Avatars. They will also extend to the physical world with collectibles and branded products.
Project also plans on fostering community engagement with dedicated events. An upcoming event has been scheduled in Lisbon alongside Apefest 2020 this October.
Yuga Labs has announced a new product, Yuga Labs February acquisition Moonbirds is the product of PROOF. Kevin Rose, the co-founder and CEO of PROOF was reportedly acquired after acquisition. divested The total value of his NFT holdings is $1.2 million.
Yuga Labs has made strategic decisions to advance its Otherside project. Yuga Labs has announced a recent acquisition. employee layoffsIn order to reduce the size of your team and concentrate on what matters most, you can streamline your operations.
Yuga Labs has made this strategic move in response to market conditions that affected Yuga Labs’ flagship projects. This includes the Bored Ape Yacht Club collection (BAYC), which saw a decline in value in comparison with previous years. Only two weeks earlier, the floor price of this collection was $1000. hit a low of 11.08 ETHThe lowest it has been since August 20,21.
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Source: blog.cryptoflies.com