Latest Meebits News
The Meebits partnered with WarpSound to release a full musical album on all major streaming services, according to an announcement from the project.
The musical album, "Meebits Turn On," contains 22 musical numbers, including "Arm Krust Kola," "Not My Kidz," and "Trashkitball."
While the album is available to listen to for free on major streaming services, Meebits holders can claim a digital collectible album that is playable on OpenSea and "other HTML-based NFT platforms."
The claim is available to those holding a Meebit as of yesterday (Dec. 20), at 12:16 p.m. ET. Eligible wallets will have until Dec. 31 at 11:59 p.m. to do so.
Holders of the digital collectible album are free to use any of the music from the Meebits Turn On album in any way they see fit. Holders can download the official song files at news.yuga.com.
Yuga Labs announced a bug bounty program through HackerOne on Wednesday, offering rewards of up to $50,000 for those who find vulnerabilities and issues in the company's platforms, social accounts, and communications channels.
HackerOne is a security platform that connects businesses with ethical hackers and cybersecurity testers. Yuga Labs had previously run the bug bounty program since July on an invite-only basis with "a network of 800+ responsible hackers", but is now opening it up to the broader public.
Rewards will be provided for "valid vulnerability reports that impact our services, websites, social accounts, and Discord servers" and "anything that can cause disruption to our community – like taking over, manipulating content, or injecting arbitrary code into our websites," according to the blog.
The payout structure is broken into the following brackets:
- Low severity issues: $250-$1,000
- Medium severity issues: $1,000-$5,000
- High severity issues: $5,000-$25,000
- Critical severity issues: $25,000-$50,000
Yuga Labs reminded all Meebits owners that there is just one more day left to claim their MB1.1 physical prints, via tweet this afternoon.
Yuga "turned on" the Meebits on Nov 3, providing a glimpse at a 10-phase roadmap. The first phase, MB1.1, included turning on the Meebits and the ability to claim a free physical print (plus the cost of shipping), along with a Certificate of Authenticity.
For users who miss the deadline, there will be a mechanism to download the image for use on social media.
Read more about "turning on" the Meebits in this primer.
The Meebits floor reached a local high of over 3.5 ETH on Nov. 3 on the back of this announcement but has since retraced. The floor is 2.75 ETH at the time of writing, down 5 percent on the week and 10 percent on the month.
Every day until Nov. 17, Meebits is giving away a 1/1 physical print of Meebits owned by Yuga Labs, according to a tweet from the project.
Each day after midnight ET, Meebit holders in the Meebits Discord can use the command "#?" in the commands channel to draw for a random Meebit number. The first holder to draw a Yuga-owned Meebit each day will win a physical print of that Meebit.
Each holder only has one opportunity a day to win — and you can only win once. Winners pay for shipping.
Meebits holders can now get a new, fresh PFP file for their respective Meebit NFT after a new feature was added to the Meebits app online.
To do so, Meebits holders can sign in to meebits.app, navigate to the Meebits they own, and find individual download files for a handful of Meebits utilities.
The upgraded PFP image can be found labeled as the "MB1.1 Portrait png File," according to the instructional video that was shared with the announcement.
To download the file, users will need to sign a gasless transaction to verify they own the Meebit in question.
Meebits brand lead Danny Greene shared an example of the upgraded PFP images in response to the announcement.
The fresh PFP images come just a few days after Yuga Labs announced it was "turning on" the CryptoPunk companion.
In addition to the PFP image, users can also claim a free print of their Meebit NFT up until Nov. 17.
The team teased "What does this ON button do?" back in July, and now we have the first update. Meebits can be activated via the new activation website, as the first step in their journey into the interoperable metaverse.
The new website features an ON switch, and when clicked plays techno music from Warp Sound and features a dancing Meebit character. In the left corner, users can see this is labeled Meebit 1.1 "unlocked", with Meebits 1.2-2.0 all "locked," indicating there is more to come. There will be 9 more releases, which will include experiences, activations, and/or opportunities.
Meebits holders can connect their wallets to view their own personal Meebits unlocked and dancing to Warp Sound techno.
"Meebits were designed as 3D characters, but like an unused toy, they've been stuck in the box, gathering dust for too long," Danny Greene, Meebits Brand Lead, says in the blog post. "It’s time for them to break out, come to life, and start exploring the world around them."
Each holder will also receive a 1-of-1 physical print of their Meebit, along with a Certificate of Authenticity. Holders have just two weeks from today (Nov. 3) to order the print, with the price of the cost of shipping. For users who miss the deadline, there will be a mechanism to download the image for use on social media.
The team has set up a claim checker, and anyone purchasing a Meebit in this next two-week window is encouraged to verify if the print has been claimed before buying (if relevant to them).
Meebits have seen 22 ETH in trading volume in the past 15 minutes since the news, but the floor is even at 3.4 ETH (on Blur).
Meebits are now playable characters in Sandbox, according to an announcement from the metaverse company.
Meebits holders will need to create a Sandbox account and then connect their wallet to use their Meebit in the game.
The Meebits announcement comes after Sandbox unveiled a playable environment for Bored Ape Yacht Club.
Meebits is joining Worldwide Webb Land in pixel form according to a recent tweet.
Holders of a Meebits NFT will be able to use their characters as an avatar within the Worldwide Webb Land metaverse beginning on Aug, 23
This news follows Meebit holders receiving information from Yuga Labs in regards to IP rights just last week.
The floor of a Meebits NFT is currently 3.30 ETH according to the Lucky Trader Project Rankings.
Meebits announced that the IP rights agreement for its holders went live in a recent tweet.
Yuga Labs, who previously purchased Meebits as well as CryptoPunks from Larva Labs, will still own all of the "rights, title, and interests in and to the Meebit Art including any and all copyrights, trademarks, and other intellectual property rights."
However, holders will be granted the license "to use the Meebit Art associated with your Meebit NFT for as long as you hold your Meebit NFT."
Holders now also own the IP rights to any derivative that their Meebits NFT is featured in accordance with the United States Copyright Act.
Yuga Labs also hinted at holders being "offered utility, benefits, or entitlements from time to time."
The creators of Bored Ape Yacht Club followed up this statement with "Yuga makes no assurances of any Utility" letting users know that utility is a possibility and not a promise.
The full document for IP rights relating to Meebits can be found on the Meebits App.
This news follows CryptoPunks releasing its official IP agreement.