Yuga Labs is serious about refocusing on the Bored Ape Yacht Club, the Otherside metaverse game, and related projects. On Friday, the crypto startup said that it had sold off yet another previously acquired NFT project IP, dumping the Moonbirds property that it purchased just over a year ago. The buyer is Orange Cap Games, a young gaming startup that builds digital and physical trading card games. The firm’s first game, the Pudgy Penguins-themed Vibes TCG, launched on Ethereum layer-2 network Abstract.
“Spencer [Gordon-Sand, CEO] and the team at Orange Cap Games are among the smartest, most detail-oriented builders in consumer crypto,” Yuga Labs co-founder and CEO Greg “Garga” Solano wrote on X. “Moonbirds deserve a team whose whole world is the birds, and there’s no one better than Orange Cap Games to help them reach their potential.”
Orange Cap Games has yet to share concrete plans for the Moonbirds IP and associated Mythics and Oddities collections. However, in an X post, the studio said that any future on-chain assets tied to Moonbirds will either be minted on a layer-1 chain or on the Yuga-linked ApeChain, an Ethereum layer-2 network. Additionally, Moonbirds characters will still come to Yuga’s long-in-the-works Otherside game.
