Yuga Labs has handed off the Moonbirds, Mythics, and Oddities NFT collections to Orange Cap Video games, signalling a shift in how the corporate desires to function transferring ahead. The transfer exhibits the place the NFT large sees long-term worth and the place it is keen to let others take the lead.
Key Takeaways
-
Yuga Labs bought Moonbirds, Mythics, and Oddities to Orange Cap Video games because it narrows its focus to core tasks.
-
Orange Cap Video games plans to construct on these NFT collections inside its rising sport improvement ecosystem.
-
The sale follows earlier Yuga divestments like CryptoPunks and Meebits.
-
Regardless of the sale, Moonbirds will stay a part of Yuga’s Otherside metaverse via continued interoperability and character inclusion throughout the digital world framework.
Why Yuga Bought Moonbirds: Strategic Refocus
This wasn’t simply one other NFT deal. Moonbirds, Mythics, and Oddities had been a part of Yuga Labs’ portfolio for barely a 12 months after it acquired them via PROOF. However with the market cooling and a focus spans shrinking, Yuga determined to sharpen its focus. As a substitute of making an attempt to handle a number of manufacturers, it is doubling down on what it is aware of greatest: Bored Ape Yacht Membership and Otherside.
In that context, passing these collections to Orange Cap Video games is sensible. It is not a retreat—it is a realignment. And it comes on the heels of comparable strikes: Yuga additionally bought off CryptoPunks and Meebits earlier this 12 months. The message is evident—Yuga desires to get lean and keep centered.
Moonbirds NFTs on OpenSea
Who Is Orange Cap Video games?
Orange Cap Video games won’t have the identify recognition Yuga does, but it surely’s been making quiet waves within the NFT area. The workforce is already behind Vibes TCG, a collectible card sport identified for its cultural resonance and hybrid experiences. Vibes options units like “Enter the Huddle” and “Legend of the Lils,” centred round Pudgy Penguins.
Now, with Moonbirds below its wing, OCG has an opportunity to do one thing completely different. They are not simply selecting up a model—they’re selecting up a group that is been ready for a second wind.
As a part of the acquisition phrases, Orange Cap Video games has said that any future on-chain elements of the Moonbirds IP will likely be deployed both on Ethereum mainnet or—if utilizing a Layer 2 answer—solely on ApeChain.
Critically, Moonbirds will retain energetic performance inside Otherside through avatar illustration, entry permissions, and potential future story arcs—guaranteeing they continue to be a part of Yuga’s immersive ecosystem.
Market and Neighborhood Response: Optimism and Momentum
As of June 2, 2025, the ground worth of Moonbirds NFTs is roughly 0.9 ETH, following renewed curiosity sparked by the acquisition. In line with data from CoinGecko, the value surged over 150% up to now 7 days, with robust upward momentum beginning round Could 30. Up to now 24 hours alone, Moonbirds noticed a 22.6% improve, underscoring a dramatic return of consideration to the gathering.
For context, the all-time excessive ground worth for Moonbirds was 37.8 ETH (about $115,500 USD) in April 2022. Some uncommon Moonbirds even fetched as much as 265 ETH (roughly $804,600) throughout peak hype, although the common ground hovered round 37–38 ETH. The present rebound, whereas far under these historic highs, marks probably the most significant upward motion in months.
And that optimism is being met with imaginative and prescient. OCG describes Moonbirds as having “been nesting in the course of the bear market” and believes the model’s nonlinear journey is definitely its biggest power.
Closing Ideas: A Hand-Off with Goal
What’s occurring right here is not uncommon in maturing industries—property get reassigned, priorities shift, and new leaders step up. Yuga Labs, once the face of NFT expansion, is now tightening its scope. In the meantime, Orange Cap Video games is moving into an even bigger highlight, bringing with it a recent method to NFT-powered games and storytelling.
For Moonbirds holders and observers alike, this shift brings one thing that is been lacking for some time: path. It is too early to say precisely what the following part seems like, however the items are actually in place for a renewed effort—one that might bridge the hole between previous hype and future substance.
Ceaselessly Requested Questions
Listed here are some steadily requested questions on this subject:
What NFT collections did Yuga Labs promote to Orange Cap Video games?
Yuga Labs bought the mental property rights to the Moonbirds, Mythics, and Oddities NFT collections to Orange Cap Video games as a part of its strategic realignment.
Who’s Orange Cap Video games and why did they purchase Moonbirds NFTs?
Orange Cap Video games is a sport improvement studio identified for tasks like Vibes TCG. They acquired Moonbirds NFTs to increase their Web3 gaming and collectibles ecosystem.
Why did Yuga Labs promote Moonbirds and different NFT collections?
Yuga Labs is narrowing its focus to flagship tasks like Bored Ape Yacht Membership and the Otherside metaverse, making room for third events to develop different IPs.
What are Orange Cap Video games’ plans for Moonbirds NFTs?
Whereas full particulars are pending, OCG plans to combine Moonbirds into its gaming ecosystem. All new Moonbirds NFT property will likely be minted on Ethereum or ApeChain, a Yuga-affiliated Layer 2.
Will Moonbirds NFTs stay a part of the Otherside metaverse?
Sure. Moonbirds will proceed to be built-in in Yuga’s Otherside metaverse, with help for 3D avatars, character entry, and growth by group creators.