The parent business of <a href="https://www.cryptoknowmics.com/news/bayc-founders-suggest-new-model-for-nft-creator-royalties">Bored Ape Yacht Club (BAYC)</a>, Yuga Labs, has <a href="https://news.yuga.com/yuga-labs-acquires-wenew-10ktf-figge" target="_blank" rel="nofollow noopener">added</a> the Web3 ecosystem WENEW and its flagship <a href="https://www.cryptoknowmics.com/news/tim-tebow-enters-nft-with-campus-to-support-college-athletes">non-fungible (NFT)</a> collection 10KTF to its expanding portfolio of well-liked NFT products.

https://twitter.com/yugalabs/status/1592156130666774530

Artist Mike Winkelmann, nicknamed <a href="https://www.cryptoknowmics.com/news/beeple-builds-a-physical-studio-to-bring-nfts-into-the-real-world">Beeple</a>, with fellow <a href="https://www.cryptoknowmics.com/news/cftc-strikes-order-against-fraudulent-cryptocurrency-arbitrage-company">cryptocurrency</a> powerhouses Guy Oseary and Michael Figge, developed WENEW, a <a href="https://www.cryptoknowmics.com/news/ntt-docomo-and-accenture-join-forces-to-promote-web3-adoption">Web3</a> ecosystem that claims relationships with companies like Louis Vuitton and Gucci. Additionally, the organization is behind 10KTF, an extensible <a href="https://www.cryptoknowmics.com/news/mas-issues-capital-markets-services-license-to-sbi-digital-markets">digital marketplace</a> where owners of leading NFT projects like BAYC, Moonbirds, and more may create exclusive digital wearables.
<h2>WENEW Discovered Way to Produce Web3 Tale</h2>
Greg Solano, the co-founder of <a href="https://www.cryptoknowmics.com/news/bayc-creator-yuga-labs-faces-investigation-from-the-sec">Yuga Labs</a>, stated in a press statement that Figge, Beeple, and the WENEW team have discovered a means to produce an engaging serial tale for Web3 while simultaneously successfully capturing the enthusiasm individuals have for their digital avatars and customization.

Winkelmann will join Yuga's executive team as a consultant, while Figge will become the company's chief content officer. On Monday morning, sales of NFT projects from Yuga Labs, such as BAYC, MAYC, Otherdeed, and 10KTF, skyrocketed, dominating the NFT marketplace <a href="https://www.cryptoknowmics.com/news/opensea-launches-tool-to-assist-nft-collections-enforce-fees-on-chain">OpenSea</a>.

Yuga Labs Acquires Beeple's WENEW and its Flagship NFT Collection

Yuga Labs has added the Web3 ecosystem WENEW and its flagship non-fungible (NFT) collection 10KTF to its expanding portfolio of well-liked NFT products.

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Yuga Labs Acquires Beeple's WENEW and its Flagship NFT Collection

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