CryptoPunks, Official Meebits Owned by Yuga Labs, Bored Ape Yacht Club Manufacturer

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 Well -known NFT manufacturer, Yuga Labs officially owns the copyright to two other NFT collections: CryptoPunks and Meebits owned by Larva Labs.


Yuga Labs which is famous for its NFT Bored Ape Yacht Club (BAYC) collection also gained ownership over IP for 423 CryptoPunks and 1711 Meebits.


It is understood that the steps taken are based on Larva Labs' agreement with transparent planning from Yuga Labs.


Even so, Yuga Labs assures that CryptoPunks will remain a historic collection with no plans to apply the BAYC structure.


But Yuga Labs wants to add more utilities to both of the NFT collections.



For one, Yuga Labs wants to hand over commercial rights to the Meebits and CryptoPunks communities just as it did to BAYC.


For information, any BAYC owner has the right to market their particular collection.


Because of that, there are a handful of collectors using those benefits to spin off collections based on specific apes or partner with leading record labels.


Based on DappRadar’s record, Meebits is in second place with a 24 -hour sales record worth $ 15.24 million surpassing Terraform by Mathcastles.


Meebits, however, surpassed BAYC's record which only recorded a trading value of $ 10.11 million and Cryptopunks, $ 2.63 million.

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