Yuga Labs, a company specializing in the development of Web3 and non-fungible tokens (NFTs), has recently acquired the NFT collective PROOF and its assets. This strategic move aligns with Yuga Labs’ ambition to become the leading gateway to the Web3 world.

PROOF is known for its impressive NFT collections, such as Moonbirds, Oddities, and Mythics. As part of the acquisition, Moonbirds will be seamlessly integrated into Yuga’s Otherside platform, an innovative and interconnected metaverse that is currently being developed.

Daniel Alegre, the CEO of Yuga Labs, expressed his enthusiasm for the partnership, stating, “As a company dedicated to promoting art, culture, and community on the blockchain, we are thrilled to welcome PROOF into the Yuga ecosystem. Moonbirds is a collection with immense potential and shares many synergies with Otherside. We anticipate that PROOF Collective will play a crucial role in our ongoing efforts to engage with the art and community.”

Kevin Rose, the CEO and founder of PROOF, echoed this excitement, stating, “We are incredibly excited to bring Moonbirds into Otherside. It is the perfect home for our collectors and represents the future of our brand. With the PROOF Collective joining forces with Yuga Labs, it is evident that Yuga is deeply committed to digital fine art. Together, we will have the resources and agility to innovate at an accelerated pace and reach a wider audience. It is going to be an exhilarating journey.”

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