{"id":19270,"date":"2025-02-17T14:00:34","date_gmt":"2025-02-17T14:00:34","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2025\/02\/17\/meebco-acquires-meebits-from-yuga-labs\/"},"modified":"2025-02-17T14:00:34","modified_gmt":"2025-02-17T14:00:34","slug":"meebco-acquires-meebits-from-yuga-labs","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2025\/02\/17\/meebco-acquires-meebits-from-yuga-labs\/","title":{"rendered":"MeebCo Acquires Meebits From Yuga Labs"},"content":{"rendered":"<p><\/p>\n<div>\n<p><a href=\"https:\/\/nftplazas.com\/yuga-labs-guide-2024\/\" target=\"_blank\" rel=\"noopener\">Yuga Labs <\/a>has sold the intellectual property rights of the <a href=\"https:\/\/x.com\/MeebitsNFTs\" target=\"_blank\" rel=\"noopener\">Meebits NFT collection<\/a> to <a href=\"https:\/\/x.com\/MeebitCompany\" target=\"_blank\" rel=\"noopener\">Meebit Company (MeebCo),<\/a> a newly formed entity backed by venture capital firm <a href=\"https:\/\/x.com\/1confirmation\" target=\"_blank\" rel=\"noopener\">1confirmation.<\/a><\/p>\n<p>The acquisition is part of Yuga Labs\u2019 strategy to focus on its core projects, including the <a href=\"https:\/\/nftplazas.com\/bored-ape-yacht-club-guide-2024\/\" target=\"_blank\" rel=\"noopener\">Bored Ape Yacht Club (BAYC)<\/a> and the <a href=\"https:\/\/nftplazas.com\/yuga-labs-roar-studios\/\" target=\"_blank\" rel=\"noopener\">Otherside<\/a> metaverse. Whilst the financial terms of the deal have not been disclosed, the transition shifts responsibility for Meebits\u2019 future development to MeebCo.<\/p>\n<p>MeebCo, led by longtime Meebits collector <a href=\"https:\/\/x.com\/sergitosergito\/status\/1890437464675791296\" target=\"_blank\" rel=\"noopener\">Sergio Silva,<\/a> has announced plans to introduce community-focused initiatives whilst maintaining the collection\u2019s presence in Yuga Labs\u2019 Otherside metaverse.<\/p>\n<figure id=\"attachment_78813\" aria-describedby=\"caption-attachment-78813\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-78813\" class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-78813 size-full lazyload\" src=\"https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits.webp\" alt=\"What is MeebCo?\" width=\"800\" height=\"448\" srcset=\"https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits.webp 800w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-300x168.webp 300w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-768x430.webp 768w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-370x207.webp 370w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-760x426.webp 760w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-270x152.webp 270w\" sizes=\"(max-width: 800px) 100vw, 800px\"\/><\/noscript> Source: MeebCo<\/figcaption><\/figure>\n<h2><strong>What is MeebCo?<\/strong><\/h2>\n<p>MeebCo is a newly established company formed to manage and expand the Meebits NFT collection.<\/p>\n<p>Backed by 1confirmation, the venture aims to ensure the collection\u2019s continued development whilst introducing new engagement opportunities. The company has stated that it plans to expand the <a href=\"https:\/\/nftplazas.com\/meebits-nft-turns-2\/\" target=\"_blank\" rel=\"noopener\">Meebits<\/a> brand through digital storytelling, merchandise, and art-driven initiatives.<\/p>\n<p>As part of its strategy, MeebCo has entered into a partnership with <a href=\"https:\/\/nftplazas.com\/opensea-nft-marketplace-guide\/\" target=\"_blank\" rel=\"noopener\">OpenSea,<\/a> which has been designated as the official third-party marketplace for Meebits. The company has clarified that whilst OpenSea is the preferred marketplace, holders are free to use any platform for trading. However, Bits\u2014the new rewards system\u2014will only be distributed to traders using OpenSea.<\/p>\n<p>\u201cMeebits have always been about creativity, culture, and open-ended explanation,\u201d said Sergio Silvia, CEO of MeebCo. \u201cAs stewards of this incredible brand, we\u2019re committed to preserving its spirit while pushing the boundaties of what\u2019s possible.\u201d<\/p>\n<figure id=\"attachment_78812\" aria-describedby=\"caption-attachment-78812\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-78812 size-full lazyload\" src=\"https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-from-yuga-labs.webp\" alt=\"MeebCo Acquires Meebits From Yuga Labs\" width=\"800\" height=\"448\"\/><figcaption id=\"caption-attachment-78812\" class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-78812 size-full lazyload\" src=\"https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-from-yuga-labs.webp\" alt=\"MeebCo Acquires Meebits From Yuga Labs\" width=\"800\" height=\"448\" srcset=\"https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-from-yuga-labs.webp 800w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-from-yuga-labs-300x168.webp 300w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-from-yuga-labs-768x430.webp 768w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-from-yuga-labs-370x207.webp 370w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-from-yuga-labs-760x426.webp 760w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-from-yuga-labs-270x152.webp 270w\" sizes=\"(max-width: 800px) 100vw, 800px\"\/><\/noscript> Source: Meebits<\/figcaption><\/figure>\n<h2><strong>What does this mean to Meebits NFT holders?<\/strong><\/h2>\n<p>For current Meebits holders, the transfer of ownership means that the collection\u2019s future direction will now be shaped by MeebCo rather than <a href=\"https:\/\/nftplazas.com\/yuga-labs-bayc\/\" target=\"_blank\" rel=\"noopener\">Yuga Labs.<\/a> Whilst Meebits will remain part of the Otherside metaverse, its development will be managed separately from Yuga\u2019s other NFT projects.<\/p>\n<p>One immediate change is the introduction of Bits, a points-based rewards system aimed at encouraging engagement within the Meebits ecosystem. Holders will earn Bits retroactively based on the duration of their ownership, and additional Bits can be acquired through trading on <a href=\"https:\/\/nftplazas.com\/opensea-launches-os2-beta-sparking-backlash-over-exclusivity\/\" target=\"_blank\" rel=\"noopener\">OpenSea.<\/a> MeebCo has stated that it will explore further uses for Bits over time, though specific details on their long-term value or functionality have not yet been disclosed.<\/p>\n<p>\u201cMeebCo was founded by passionate, longtime Meebits holders who have a deep understanding of what makes this brand special,\u201d said Greg Solano, CEO of Yuga Labs. \u201cWe\u2019re confident they\u2019ll bring fresh energy and creativity to Merits, and we\u2019re excited to see how the brand continues to grow-both on its own and as a vibrant part of the Otherside ecosystem.\u201d<\/p>\n<p>MeebCo has also stated that royalties from OpenSea transactions will be directed toward expanding Meebits-related content, experiences, and utility.<\/p>\n<\/div>\n<p><a href=\"https:\/\/nftplazas.com\/meebco-acquires-meebits-from-yuga-labs\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yuga Labs has sold the intellectual property rights of the Meebits NFT collection to Meebit Company (MeebCo), a newly formed entity backed by venture capital firm 1confirmation. The acquisition is part of Yuga Labs\u2019 strategy to focus on its core projects, including the Bored Ape Yacht Club (BAYC) and the Otherside metaverse. Whilst the financial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19271,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[16],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/02\/meebco-acquires-meebits-from-yuga-labs-socials.webp","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/19270"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=19270"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/19270\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/19271"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=19270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=19270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=19270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}