Cryptocurrency Analysis and News Portal
Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) and CryptoPunks NFT collections, has a new CEO: Daniel Alegre. The executive resigned as president and chief operating officer of the gaming giant company Activision Blizzard to join the NFT startup on April 1. "Couldn't be more excited for this
Read More
Voyagers’ outfits transformed into their assigned team colors, and players began to assemble into groups. Moments later, a wormhole to the “swamp” opened, transporting players to their team area to complete tasks and earn points. The game involved several wacky directives, including gathering “magic blobs” to give to digital toads
Read More
The luxury fashion brand said on Twitter Monday that it’s teaming up with Yuga Labs, “blurring the boundaries between the physical and digital.” Original Source
Read More
Gucci has alwasy capitalized on new changes within the industry and disruptions within society. Gucci is gradually shifting its focus to the Web3 space with the announcement of a multi-year collaboration with Yuga Labs, a Web3 firm heading several famous NFT collections like Bored Ape Yacht Club. Cryptopunks, Mebits, and
Read More
Wednesday night, eligible players who claimed a Sewer Pass in January were invited to participate in “The Summoning,” a process in which users could burn their Sewer Pass token in order to mint an NFT in the new collection. Called HV-MTL (heavy metal), the 30,000 unit collection consists of “mechs,”
Read More
The Bored Ape parent company will allow up to 10,000 holders of its Otherdeed NFTs to participate in the second gamified test of its Otherside metaverse platform. Original Source
Read More
Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than $16 million. The highest bid was 7.1159
Read More
Yuga's embrace of Ordinals is just a catalyst for embers that were already burning. Last year, for instance, Trust Machines, a startup looking to build the bitcoin ecosystem, raised $150 million last year to build bitcoin products. Counterparty, Liquid, Stacks, RSK, Lightning and others have been around for years building
Read More
Solano, however, said Yuga’s decision to use the Bitcoin blockchain is the company’s effort to be more transparent. By being explicit, the company could then “set the best precedent … given the constraints of running a trustless auction on Bitcoin that simply isn’t possible at this stage.” Source
Read More
Yuga Labs has confirmed that the top 288 bidders will receive their inscriptions within the week. Yuga Labs has just concluded the auction of its first-ever Bitcoin-based non-fungible token (NFT) collection – TwelveFold. The auction, which lasted for 24 hours, saw 288 successful bidders claiming as many pieces from the collection.
Read More