In this article, we will explore Yuga Labs‘ latest move: buying PROOF. This is a big deal because Yuga Labs is behind famous online collections like Bored Ape Yacht Club and Otherside. PROOF is known for cool digital art like Moonbirds. This buy is all about Yuga Labs growing bigger and bringing more art and people together online.
What is PROOF?
PROOF is a well-known group and online platform that’s big in the world of digital art and NFTs (non-fungible tokens). It’s famous for making and picking special digital art collections and NFT projects. Its most famous project is called Moonbirds, which is a set of NFTs showing unique owl pictures made of pixels. These digital pieces are popular not just for how they look but also for the special access and perks they offer in the PROOF world, like being part of a special club for people who collect NFTs.
Apart from Moonbirds, PROOF has also made other series like Oddities, Mythics, and the Grails exhibition series. Each one has its own special theme that attracts collectors. These collections are known for their high-quality digital art and come with benefits for the people who own them, like getting into private events and other cool perks.
Yuga Labs Grows Bigger
Yuga Labs is a big name in the digital world, owning popular collections like CryptoPunks and Meebits. By buying PROOF and its art like Moonbirds, Yuga Labs is getting even bigger. They want to be the main place people go for cool digital stuff.
Moonbirds Join Otherside
One of the first things happening because of this deal is Moonbirds moving to Otherside. Otherside is a place online where creators and fans meet and make things together. Yuga Labs thinks Moonbirds fits perfectly there and will help make Otherside even more exciting.
Very excited to welcome the Proof Team to the Yuga Labs family. There are incredible synergies between what the Proof team has built on so many levels and where we are going with Yuga. https://t.co/zXyz1jWslf
What’s Next for Digital Art and Community
Kevin Rose, who started PROOF, will give advice to Yuga Labs after helping them get started with Moonbirds and other things. Some key people from PROOF will join Yuga Labs to help mix Moonbirds into Yuga’s world. They believe this will make their digital art and online community even better.
GM 🙏
Today is a pivotal day for PROOF, and I'm thrilled to share the great news. PROOF has been acquired by @yugalabs. This includes Moonbirds, Mythics, Oddities, and the PROOF Collective. Some background: https://t.co/SS8gHJNHzw
Conclusion
Yuga Labs buying PROOF is a big step forward in the digital world. It shows they’re serious about making the online world more fun and creative for everyone. With new art like Moonbirds joining in, we can expect to see some really cool stuff happening. It’s an exciting time for everyone who enjoys digital art and being part of online communities.
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