On Friday, Universal Music Group’s Web3 label dubbed 10:22PM revealed it purchased the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) #5537 for more than $360,000. 10:22PM says that BAYC #5537 will become the female manager for the first-ever metaverse group. UMG’s 10:22PM Acquires Bored Ape #5537 for 125 Ether Universal Music Group (UMG) and…
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During the last 24 hours, the cryptocurrency community has been discussing the launch of a new token called apecoin (APE), released by the newly-formed Apecoin DAO. At launch, the token exchanged hands for $10.36 per coin, but dropped more than 40% to $6.21. Since the token’s all-time low and Bored Ape Yacht Club (BAYC) owners…
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The BAYC native asset is claimable for a 90-day window, with each holder receiving 10,000 ApeCoins currently worth $72,000. The Bored Ape Yacht Club (BAYC) has officially revealed their ERC-20 utility and governance token ApeCoin (APE), marking a diversification from profile-picture projects (PFPs) into “culture, gaming and commerce” within the Web3 sphere. The asset has…
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Over the last year, celebrities have been dabbling in non-fungible token (NFT) collectibles and a few of their purchases have brought them attention. For instance, a number of socialites, luminaries, big-name personalities, and today’s top brass have purchased NFTs from the Bored Ape Yacht Club (BAYC) collection. While they paid a pretty penny in ethereum…
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Non-fungible token (NFT) assets have been very popular for well over 12 months and a great number of collections have skyrocketed in value. While interest in NFTs has slid to a four-month low according to Google Trends search queries, a vast quantity of NFTs are still selling for hundreds of thousands or even millions of…
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On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full commercial rights to the NFT holders.” Bored Ape Creators Yuga Labs…
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Tai Lopez’s NFT drop has caused a stir while Alibaba has banned users from using massage guns to spam buy NFTs. Some in the NFT community fear the market top may be in after Tai Lopez, the controversial entrepreneur and social media star, famous for his oddball marketing tactics, launched his own NFT project. Tai…
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The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week.
NFT Interest and…
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On March 2, the global music media brand Billboard announced the firm has partnered with Universal Music Group (UMG) in order to launch a non-fungible token (NFT) project called Chartstars. According to Billboard, the Chartstars project will be Billboard’s first NFT product focused on music fans, as Chartstars aims to “commemorate achievements and milestones on…
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Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out of 12 different NFT-supporting blockchains, Solana was the only gainer, in terms of NFT sales during the past week. NFT Sales Slip Lower Following Last…
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