Moonbirds: New Horizons in the NFT World
Date: 2024-04-30 Author: Henry Casey Categories: BUSINESS
The Moonbirds development team has made significant changes to their project. The main ones were the transition to a commercial license and a new style of token design. These steps are designed to ensure owners have full monetization rights and enhance the collection's appeal.
From CC0 to Commercial License
In early August 2022, Moonbirds moved to a CC0 license, giving up copyrights and potential monetization income. However, the project has now taken a different path, giving owners complete control over their assets and their use.
Impact of the Yuga Labs Buyout
Yuga Labs studio bought the startup PROOF, which is the developer of Moonbirds and other projects. This was one of the reasons for the move to a commercial license, and Colin Hesterly, senior art director at Yuga Labs, led the new direction of development for Moonbirds.
New Horizons: Moonbirds Universe
Moonbirds Universe marks a new development strategy, including new designs and specialized 3D avatars, as well as physical items in the style of the collection. These innovations aim to create a rich metaverse and enhance audience engagement.
Growth in Interest and Trading Volume
The announcement of the move to a commercial license was accompanied by an impressive increase in interest in Moonbirds. Trading volume increased by 763%, and NFT prices rose by 25.2%, reflecting strong investor interest in the updated collection.
