Yuga Labs Hands Over Meebits

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• 🎉 MeebCo Takes Over Yuga Labs’ Meebits to Revitalize the NFTs

• 🚀 Doodles Introduces Solana Token, Ditches Corporate Deals

• 👀 OpenSea Unveils OS2 in Open Beta to Transform NFT Trading

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Trending Collections on OpenSea:

• Courtyard.io [Floor Price - <0.01 $ETH]

• Gemesis [Floor Price - 0.06 $ETH]

• Wolf Game (Blast) [Floor Price - 0.02 $ETH]

MeebCo Takes Over Yuga Labs’ Meebits to Revitalize the NFTs

Yuga Labs has sold the Meebits NFT IP to MeebCo, a new company backed by the 1confirmation venture fund.

• MeebCo’s CEO, Sergio Silva, plans to develop and grow the Meebits collection with new features and ideas.

• A new rewards program called ‘Bits’ has been introduced to encourage more community engagement with Meebits avatars.

• Although Meebits were initially priced higher, their current market value is now less than $2K.

• Meebits were designed with the metaverse in mind but have not yet reached their full potential owing to the virtual realm not flourishing as hoped.

Doodles Introduces Solana Token, Ditches Corporate Deals

Doodles has introduced the Solana-based $DOOD token under its new CEO, Scott Martin (Burnt Toast).

• Doodles is moving away from corporate collaborations and is focusing more on building deeper connections within its community.

• The NFT brand is abandoning on-chain gimmicks like digital wearables, opting for meaningful and long-lasting engagement with its holders instead.

• The NFT project plans to develop a gamified ecosystem where users can interact with Doodles-related apps and contribute to the project’s growth.

• Martin has stressed that the $DOOD token will provide significant value to holders.

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OpenSea Unveils OS2 in Open Beta to Transform NFT Trading

OpenSea’s new version, OS2, is now live on open beta. It aims to revitalize the NFT marketplace by offering seamless and novel NFT trading experiences.

• While the update has been generally positive, some users have said they miss previous features, and some security concerns remain unaddressed.

• The reason for the revamp was that OpenSea's market share dropped from 90% to 33% as competitors like Blur and Magic Eden gained traction.

• As part of bringing OpenSea back into the limelight, OS2 has introduced its own native token — $SEA — to promote long-term sustainability (but critics question its approach to user security).

• OpenSea's new direction may help it regain momentum, but its future success depends on improving user protection and addressing past woes.

Today's edition was written by Leah Waters

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