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Gungun Bhatia
Nov 15, 2022
by Gungun Bhatia

Yuga Labs Acquires Beeple's WENEW and its Flagship NFT Collection

Yuga Labs WENEW

Table of contents

  1. WENEW Discovered Way to Produce Web3 Tale
The parent business of Bored Ape Yacht Club (BAYC), Yuga Labs, has added the Web3 ecosystem WENEW and its flagship non-fungible (NFT) collection 10KTF to its expanding portfolio of well-liked NFT products.

Artist Mike Winkelmann, nicknamed Beeple, with fellow cryptocurrency powerhouses Guy Oseary and Michael Figge, developed WENEW, a Web3 ecosystem that claims relationships with companies like Louis Vuitton and Gucci. Additionally, the organization is behind 10KTF, an extensible digital marketplace where owners of leading NFT projects like BAYC, Moonbirds, and more may create exclusive digital wearables.

WENEW Discovered Way to Produce Web3 Tale

Greg Solano, the co-founder of Yuga Labs, stated in a press statement that Figge, Beeple, and the WENEW team have discovered a means to produce an engaging serial tale for Web3 while simultaneously successfully capturing the enthusiasm individuals have for their digital avatars and customization.

Winkelmann will join Yuga's executive team as a consultant, while Figge will become the company's chief content officer. On Monday morning, sales of NFT projects from Yuga Labs, such as BAYC, MAYC, Otherdeed, and 10KTF, skyrocketed, dominating the NFT marketplace OpenSea.

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WENEW Bored Ape Yacht Club (BAYC) Yuga Labs Web3 non-fungible (NFT)
Yuga Labs Acquires Beeple's WENEW and its Flagship NFT Collection
Gungun Bhatia
Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.

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