Wu said that the blockchain game development studio Orange Cap Games announced the completion of a $3.5 million seed round financing, led by 1kx and Yuga Labs, with participation from Bing Ventures. This financing will be used to promote the development of its Vibes and Moonbirds products and ecosystems. Previously, Orange Cap Games acquired the Moonbirds, Mythics, and Oddities IP from Yuga Labs, planning to incorporate the series into its expanding Web3 gaming ecosystem.