NFTs
Moonbirds NFTs move to commercial rights with Yuga Labs
Moonbirds, one of the recent NFTs to be acquired by NFT giant Yuga Labs, plans introduce a major change to its copyright policy. This means that Moonbird owners will now have exclusive rights to trade their NFTs, replacing the previous CC0 copyright policy that allowed free trading.
But the Moonbirds Universe doesn’t stop at the screen. IRL and physicals will bring the brand to life.
Stay tuned for dedicated events to bring the Moonbirds together, including a satellite event around Apefest 2024 in Lisbon in October.
We are also working on partnerships to…
– Moonbirds (@moonbirds) April 29, 2024
Moonbirds mentioned a transition to commercial rights in their recent press release, which is related to their existing community projects including Bored Ape Yacht Club and CryptoPunks run by Yuga Labs.
This turnaround comes on the heels of a CC0 copyright license that was previously adopted by Moonbirds in 2022. This license allowed third parties to copy, display, distribute, and make derivative and commercial use of CC0 products.
The Moonbirds not only preserves copyright policy but also reconsiders art directions. This involves creating 3D robot avatars for animations and adding them to Yuga Labs’ Otherside metaverse, which could happen someday. Moonbirds’ mission is to ensure tangible collectibles are brought to the platform that foster community and facilitate the connection between physical and digital realities.
Read too: Yuga Labs cuts staff to focus on small crypto-native team