Yuga Labs Acquires Beeple’s 10KTF Assortment

Throughout the NFT house, Yuga Labs has plenty of bragging rights, performing as the house to such coveted collections because the Bored Ape Yacht Membership and the Mutant Ape Yacht Membership. Now, it has one other prime assortment on its palms because it has acquired WENEW, in addition to its flagship NFT assortment 10KTF.

WENEW is notable for its many model collaborations akin to these with Louis Vuitton, Playboy, and Wimbledon, in addition to the involvement of Mike Winkelmann, popularly often called Beeple. Now that WENEW is beneath the Yuga Labs umbrella, Michael Figgie, its co-founder, will likely be becoming a member of the corporate as Chief Content material Officer. 

Beeple, however, will likely be becoming a member of as an advisor, together with the 20 full-time employees hooked up to WENEW. There may be additionally plenty of alternative that may come from the acquisition of 10KTF, which permits NFT holders to mint their property into wearables which may be used within the digital world. It is a sentiment that the administration of Yuga Labs has additionally expressed. 

Storytelling and world-building are foundational at Yuga and I’m thrilled that we get to work with the artistic thoughts hive at WENEW in a way more sturdy method. The probabilities of what we are able to do collectively are infinite,”  mentioned Greg Solano, co-founder of Yuga Labs.

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