PANews December 3 news, Yuga Labs co-founder Greg Solano (@CryptoGarga) tweeted that Yuga Labs has acquired the technology of tokenproof and has absorbed some team members into its R&D department "The Workshop".
Greg Solano stated that over the past few years, BAYC has been committed to exploring diverse applications of NFTs, including access rights for digital or physical events, merchandise, games, and other scenarios. By collaborating with the tokenproof team, many complex issues have been addressed, enabling NFTs to be applied more safely and efficiently in events worldwide.
Tokenproof founder Fonz also tweeted to confirm this news, stating that the team will continue to develop more innovative technologies for the accessibility and enjoyment of crypto and NFTs.