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Yuga Labs sells Meebits NFT collection to MeebCo to focus on the Otherside Metaverse project

NFT brand Yuga Labs sold the Meebits NFT collection and related intellectual property to Meebit Company (MeebCo for short), a company focused on developing the Meebits brand. MeebCo plans to expand the Meebits collection through acquisitions, enhance community interaction, and launch brand expansion activities such as new products. Despite the sale of Meebits, Yuga Labs will continue to focus on the Bored Ape Yacht Club NFT brand and the Otherside Metaverse project. Yuga Labs acquired the intellectual property of Meebits and CryptoPunks in 2022. (TheBlock) 

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