NFT brand Yuga Labs has sold its Meebits NFT collection and related intellectual property to Meebit Company (MeebCo), a company dedicated to developing the Meebits brand. MeebCo plans to expand its 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 Otherside metaverse project. Yuga Labs acquired the intellectual property of Meebits and CryptoPunks in 2022. (TheBlock) https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=37939