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During the last five days, non-fungible tokens (NFTs) stemming from the Cryptopunks NFT collection have surpassed Bored Ape Yacht Club (BAYC) NFTs in terms of floor value. Statistics over the last ten days show the floor value of Cryptopunks NFTs remained above the 60 ether zone, while BAYC-based NFT floor
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Yuga Labs, the NFT collective behind the majority of tokens held in the crypto empire’s wallet, has previously raised capital from FTX Ventures, though Alameda Research is in control of the wallet. Source
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The founder of Bored Ape Yacht Club (BAYC) has weighed in on the ongoing non-fungible token (NFT) creator royalties debate and shared a potential path forward that they believe best deals with the issue.A Nov. 8 blog post from BAYC co-founder Wylie Aronow — co-signed by co-founders Greg Solano and
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When BAYC creator Yuga Labs debuted its hype-laden metaverse project earlier this year, it sold land rights as NFTs for about $7,000 each (buyers paid thousands more in gas fees). Now, with much of the excitement drained from crypto markets, they’re fetching about 1.25 ETH, or roughly $1,600 at current
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A source familiar with the matter said the SEC is
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"It’s well-known that policymakers and regulators have sought to learn more about the novel world of Web3. We hope to partner with the rest of the industry and regulators to define and shape the burgeoning ecosystem. As a leader in the space, Yuga is committed to fully cooperating with any
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The metaverse is a futuristic iteration of the internet, featuring a digital economy and an immersive virtual environment alongside other interactive features. This relatively nascent space has gained so much traction in recent years that conservative estimates suggest that by 2024, its total valuation could top $800 billion. Meta (the
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Mastercard has launched customizable nonfungible token (NFT) debit cards, allowing some cardholders who own avatars from select NFT collections to add the artwork onto the payment's card.The debit cards are made available through a Sept. 26 partnership with European cryptocurrency exchange platform, “hi” allowing its “Gold” members to personalize their
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It’s time to move on from the Bored Ape Yacht Club. They’re bad for nonfungible tokens (NFTs). They give critics ammo and distract from the technology, which is where the real value lies. For those on the outside looking in, NFTs are nothing more than overpriced monkey JPEGs. Or whichever choice
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Grammy Award-winning producers James Fauntleroy and Hit-Boy are creating the sound of Universal Music Group’s Kingship band. Original Source
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