Yuga Labs, the creator of the Bored Ape Yacht Club, has recently taken over PROOF, known for its significant contributions to the NFT and digital art scene with creations like Moonbirds and the PROOF Collective.
The merger between the two companies brings together the best qualities and assets of both companies, including their talented teams, valuable intellectual properties, and extensive art collections.
Moonbirds’ New Horizon
A key aspect of this acquisition is the integration of the Moonbirds collection into Otherside, Yuga Labs’ extensive metaverse platform designed for content creators, communities, and brands. This integration aims to harness Moonbirds’ potential to boost community interaction and foster artistic collaborations within the Otherside ecosystem.
Envisioning a Collaborative Future
Yuga Labs is now overseeing Moonbirds and the PROOF Collective, which is expected to bring about a significant period of growth and innovation. This partnership is not only set to enhance the digital art scene but also to create new opportunities for community involvement, artistic expression, and cultural development within the web3 space.
The acquisition of PROOF by Yuga Labs is a significant milestone in the web3 industry. This move is expected to foster increased collaboration and innovation in digital art and community engagement.