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    Home»Gadgets»Bored Ape Yacht Club Creator Buys IP Rights to Cryptopunks and Meebits
    Gadgets

    Bored Ape Yacht Club Creator Buys IP Rights to Cryptopunks and Meebits

    Mike HarrisonBy Mike HarrisonMarch 12, 2022No Comments3 Mins Read
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    urian b.Tech Times

    March 12, 2022, 1:03 PM

    With the rising popularity of NFTs, the creator of the famous Bored Ape Yacht Club NFT collection has just bought the IP rights of both Meebits and Cryptpunks. After the purchase, the bottom price for both PUNKS and BAYC rose by 10%.

    Yuga Labs just bought cryptopunks and meebits

    According to ‘s tweet CoinGekkothe creator of BAYC, Yuga Labs, just bought the IP rights to both the Meebits collection and the Cryptopunks collection. In addition, the number of Meebits has increased by more than 23% in the past 24 hours.

    With the acquisition of BAYC, many of the top NFTs have also increased in volume. The CoinGecko tweet announced the list, which includes the best NFT projects by market cap.

    These are the best NFTs and their price changes

    Bored Ape Yacht Club

    CryptoPunks

    • Bottom price: 75.95 ETH

    • 24-hour change: 11.7 percent increase

    • Market cap: 759,424.05 ETH

    • Owners: 3,426

    • Total Assets: 9,999

    COUNTRY

    • Bottom price: 2,80279 ETH

    • 24-hour change: 2.2 percent

    • Market cap: 466,280.55 ETH

    • Owners: 20,274

    • Total assets: 166,363

    Mutant Ape Yacht Club

    • Bottom price: 18.5 ETH

    • 24-hour change: 17.8 percent

    • Market Cap: 332,944.5 ETH

    • Owners: 11,856

    • Total assets: 17,997

    CloneX

    VeeFriends

    meebits

    scribbles

    NFT worlds

    Azuki

    In today’s news, @yugalabs the creator of BAYC has acquired the IP rights of Cryptopunks and Meebits.
    The bottom price of BAYC and PUNKS is up +10% while Meebits is up more than +23% in the last 24 hours pic.twitter.com/lNpPtgFBT6

    — CoinGecko (@coingecko) March 12, 2022

    Also read: Top Social Engagement SOL NFT Games: All the Games You Need to Know

    What Are Yugo Labs Plans For Cryptopunks And Meebits?

    According to the announcement by Yugo Labs, they just bought both Cryptopunks and Meebits collections from the original owners, Larva Labs. As announced, the first thing the new owners intend to do is give the full commercial rights directly to the NFT holders.

    This is the same thing Yugo Labs did for the owners of BAYC and MAYC owners.

    Big news to share today: Yuga has acquired the CryptoPunks and Meebits collections from @LarvaLabs, and the first thing we do is give the full commercial rights to the NFT holders. Just like we did for owners of BAYC and MAYC. pic.twitter.com/lAIKKvoEDj

    — Yuga Labs (@yugalabs) March 11, 2022

    Related article: Shiba Inu NFT Metaverse Brings Shiba Cities, Shiba Pets NFT & More: No Using SHIB Token?

    This article is owned by Tech Times

    Written by Urian B.

    ⓒ 2021 TECHTIMES.com All rights reserved. Do not reproduce without permission.

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    TechTimes

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