Meebits NFT Project Integrates with AI Agent Platform

The NFT collection created by Larva Labs and sold to Yuga Labs was acquired in February and is expanding into the AI and IP spaces.

Meebits, the voxel NFT collection developed by CryptoPunks creators Larva Labs, is stepping into the AI agent space under its new leadership.

The Meebits NFT IP was sold to a group led by Sergito Silva in February, after sitting in the hands of Yuga Labs, the company behind the Bored Ape Yacht Club, since 2022.

The project has now partnered with THINK to bring Meebits into the world of onchain AI agents. THINK is a protocol for interacting with AI agents onchain and connecting them to open-source tools, while securing their intellectual property (IP) with patent protection.

Once fully operational, Meebit holders will be able to use their NFTs as avatars for their AI agents.

The integration launched on April 21 and allows users to use a group of ten pilot Meebits on THINK’s platform to ask questions or perform actions within the app interface.

The Meebits IP was included in a deal between Larva Labs and Yuga Labs in 2022 when the company behind the Bored Ape Yacht Club purchased the IP rights to both CryptoPunks and Meebits from creators Matt Hall and John Watkinson.

Meebits rallied on the back of the acquisition, surging from a 0.4 ETH floor to nearly 1 ETH. Despite the collection’s new developments, the floor price has retraced by roughly 35%, and Meebits now trade at a 0.6 ETH ($1,080) floor price.

Meanwhile, the CryptoPunks floor price is holding strong amidst the broader market selloff, and Punks are changing hands for 45 ETH, or $82,000 per NFT. The premier NFT collection is over 100% from its August low of 20 ETH. However, the fiat valuation of CryptoPunks is up just 64%, due to ETH’s poor price performance.