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

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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.

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