- Yuga Labs offloads Moonbirds to focus on core assets.
- Orange Cap Games to enhance Moonbirds’ ecosystem.
- NFT market anticipates new dynamics under Orange Cap Games.
Yuga Labs has sold the Moonbirds NFT collection to Orange Cap Games. The deal, confirmed on May 31, 2025, marks a significant strategic shift.
Yuga Labs’ sale of Moonbirds to Orange Cap Games has the potential to shift market dynamics, with NFT communities eager to see future developments by Orange Cap Games.
The acquisition involves key players including Yuga Labs, renowned for NFT projects like Bored Ape Yacht Club, and Orange Cap Games, noted for their blockchain expertise. This move follows Yuga Labs’ strategy to focus on core assets like BAYC.
Yuga Labs handed over Moonbirds, along with the Mythics and Oddities collections, to Orange Cap Games. Greg Solano of Yuga Labs praised Orange Cap’s detail-oriented approach:
Moonbirds has been acquired by @ocapgames. Spencer and the team at Orange Cap Games are among the smartest, most detail-oriented builders in consumer crypto. They put love, genuine craft, and a fair bit of neurotic perfectionism in everything they touch…
The broader market might witness shifts in NFT valuations and liquidity as this deal proceeds, potentially affecting stakeholder decisions. Immediate impacts include potential shifts in floor prices and liquidity assumptions within the Moonbirds community.
The sale aligns with previous divestments by Yuga Labs, which has pursued a policy of focusing on its core IP. Orange Cap Games aims to integrate Moonbirds into more interactive experiences, as announced on their Twitter account, promising to innovate within the NFT landscape.
Potential outcomes could include enhancements in NFT interactions and integrations, reflecting a broader trend within blockchain gaming. Historical precedents suggest possible price shifts in affected NFTs, with stakeholders eagerly observing upcoming developments by Orange Cap Games.
