Renowned NFT blue-chip project Bored Ape Yacht Club (BAYC) parent company Yuga Labs announced in February that it had officially acquired the publisher of another well-known blue-chip project, Moonbirds. However, earlier today, Moonbirds unexpectedly announced that it would create the Moonbirds universe and reclaim the commercial rights to Moonbirds.
In 2022, Moonbirds parent company Proof announced that it would convert Moonbirds and Moonbirds Oddities NFT series into a Creative Commons Zero (CC0) license. This means that creators will not retain any rights, and anyone can use Moonbirds or Oddities to create and sell derivative projects, merchandise, and clothing.
The unauthorized change of copyright to CC0 previously caused dissatisfaction among Moonbirds holders. It potentially rendered exclusive rights, including online and offline physical rights, useless. However, some believe that CC0 is the first step towards decentralizing the concept of ownership and eliminating the old centralized copyright system.
After Yuga Labs acquired Proof three months ago, it has now once again reclaimed the copyright, indicating that its CCO strategy did not bring the expected benefits.
According to a tweet from Moonbirds, the official next step is to create the Moonbirds universe. They claim to introduce new art styles and 3D virtual images designed specifically for animation, Yuga Labs’ NFT project Otherside, and other applications. It is also hinted that the Moonbirds universe will not be limited to the virtual world, and physical activities and products are also part of their plans.
The news of the Moonbirds universe inspired a surge in the floor price of Moonbirds. As of the time of writing, the floor price of Moonbirds has risen by 29.69% in the past 24 hours and 52.3% in the past 7 days.
Tags:
Bored Ape Yacht Club (BAYC)
Moonbirds
NFT
Yuga Labs
Source link:
https://www.blocktempo.com/after-bayc-parent-company-acquisition-moonbirds-announcement-of-moonbirds-universe/
Note: The translation is for reference only and represents the author’s opinion, not investment advice.
