Yuga Labs Acquire Beeple’s WENEW And 10KTF To Their Portfolio

Share This Post

Yuga Labs, the founders of Bored Ape Yacht Club, and owners of Cryptopunks, have added Beeple’s WENEW and accompanying 10KTF NFT collection to their growing portfolio of brands, collections and more within the industry.

Quick Take:

  • Yuga Labs, owners of Bored Ape Yacht Club and Cryptopunks, add Beeple’s collection to their ecosystem.
  • Mike Winkelmann, a.k.a. Beeple, to join the company as an advisor.

Yuga Labs’ Acquisition of Beeple’s Company & Collection

Yuga Labs are best known to be the owners of the Bored Ape Yacht Club and Cryptopunk collections. Now, they’re adding to their ecosystem of projects through the purchase of WENEW and 10KTF by Beeple, or Mike Winkelmann, a Wisconsin-based NFT artist.

WENEW has partnered with top brands such as Gucci, Playboy, and Louis Vuitton to create NFT collections and work on other projects within web3. Beyond this, WENEW is also the home to Beeple’s 10KTF collection.

10KTF is an interoperable digital store that allows for holders of top NFT collections, like Bored Ape Yacht Club and Moonbirds, can mint and collect one-of-a-kind NFTs featuring their own NFT on various metaverse wearables.

Winkelmann’s NFT Career

Mike Winklemann, or Beeple as he’s known to his fans, is a Milwaukee, Wisconsin-based digital artist. He is perhaps most known for his record-breaking NFT sale. His artwork, ‘Everydays: The First 500 Days,’ sold for $69.3 million in March 2021. It was sold via Christie’s, the famous auction house in London.

Since, in November of the same year, he sold another piece: ‘HUMAN ONE’ for almost $30 million. The artwork is a 7-foot-high sculpture, a generative work of art, a dynamically changing hybrid sculpture, both physically and digitally. Winkelmann described this artwork as “the first portrait of a human born in the metaverse”.

He has made multi-millions from his NFT art career, which stemmed from his previous digital art career before the recent technology shift.

spot_img

Related Posts

Blockchain Bandicoot: Retro NFTs With Real-World Value

Join the pre-sale of Blockchain Bandicoot for the chance...

Author Tim Ferriss ‘Cockpunch’ NFT Collection Saw $4.7M In 24H Volume

Tim Ferriss's 'Cockpunch' recently leveraged a sold-out mint into...

Coinbase Puts Bored Ape Movie Trilogy on Hold

Reasons for Coinbase putting its Bored Ape movie trilogy...

What is NFT Staking? | A Comprehensive Guide

NFT staking is a relatively new concept in the...

Ledger Launches Stax, a New Hardware Wallet for NFTs: What You Need to Know

Ledger, a digital asset security company, has announced the...

The Memes by 6529 Review – Are Memes The New NFT Meta?

Memes have been an important part of popular culture...

Related Posts

Mattel Launches an NFT Marketplace With Hot Wheels Collection

Mattel announced a new NFT marketplace as it expanded...

What You Need to Know About This NFT Market Crash

NFTs have already changed the world. Now it's time...

What is USDTe? A Full Guide to Avalanche Tether

USDTe is a stablecoin on the Avalanche blockchain that...

Blockchain Bandicoot: Retro NFTs With Real-World Value

Join the pre-sale of Blockchain Bandicoot for the chance...

Stripe Launches Fiat-to-Crypto Payment Service for Web3 Companies

Stripe, a payment processing business, unveiled a "fiat-to-crypto on-ramp"...

NFT Company, Wanderers, Raises $2M From Investors Including Animoca Brands

In recent days, modern media brand, Wanderers have raised...