NFT consolidation
BAYC absorbs CryptoPunks and Meebits
The seeming inability of CryptoPunks’ creators Larva Labs to adopt open web3 concepts has always been a problem for collectors of their NFTs (including Meebits), so it’s with a huge sigh of relief that Bored Ape Yacht Club company Yuga Labs has announced it’s bought out the IPs.
The price of the deal wasn’t disclosed but given Yuga Labs is reportedly rai…
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