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BAYC Creator Yuga Labs Debuts Layer-3 Network ApeChain: All You Need to Know
This week, Yuga Labs introduced a new Layer-3 blockchain called ApeChain, built on the Arbitrum One blockchain. ApeChain is designed to facilitate transactions and enhance the overall ecosystem of ApeCoin.
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Magic Eden NFT Marketplace Tries to Entice Traffic with Rewards as Market Crumbles
Magic Eden has announced a loyalty rewards initiative to entice the buyers of digital collectibles. The feature will fetch users five ‘Magic Points’ for every trade worth SOL 1. These rewards include exclusive content from creators, discounts from partners, and airdropped NFTs.
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ApeCoin DAO Debuts its NFT Marketplace; Sizzles Up Competition for OpenSea, MagicEden
ApeCoin DAO has announced the launch of its own NFT marketplace. For sellers, the platform has decided to offer a 0.5 percent fee on Ether transactions and 0.25 percent on ApeCoin transactions. It will also retain 0.25 percent from each sale.
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BAYC Creator Yuga Labs Faces SEC Probe Over Alleged Securities Violations: Report
Yuga Labs, creators of Bored Ape Yacht Club NFTs, is facing a probe by the US Securities and Exchange Commission into whether sales of some of its offerings violate federal law.
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BAYC Parent Yuga Labs Names Spencer Tucker its First Chief Gaming Officer
Yuga Labs, the makers of Bored Apes Yacht Club (BAYC) NFTs, have appointed Spencer Tucker as its chief gaming officer. This is the first time that the 2021-founded Yuga Labs has hired somebody dedicated to lead its gaming-related plans and initiatives. Yuga Labs is also working on an interoperable metaverse project called the ‘Otherside’, and a...
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Magic Eden Proposes to Build NFT Marketplace for ApeCoin Holders, Submit Proposal to ApeCoin DAO
Days after announcing its multichain expansion into the Ethereum ecosystem, Solana’s crypto unicorn Magic Eden has begun targeting Ethereum-native NFT projects, and first on its list appears to be Yuga Labs’ Bored Ape Yacht Club and Mutant Ape Yacht Club.
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Gucci Ups Its Web3 Game, To Accept ApeCoin Payments in Select US Stores
Gucci has become the first in its league to include ApeCoin as a payment option for its products. Denoted as APE, the token was launched in March this year to power metaverse applications around the BAYC NFT ecosystem. Currently, each APE token is currently priced $7.33 (roughly Rs. 580) with a live market cap of $2,234,823,542 (roughly Rs. 17,673 ...
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Yuga Labs Accused of Manipulating Buyers With Inflated Prices, Celeb Endorsements in Proposed Lawsuit
Law firm Scott+Scott has proposed a class-action lawsuit against BAYC NFT creator Yuga Labs alleging the firm of ‘fraudulently duping’ investors. The law firm has pointed out how the prices of BAYC NFTs and Yuga Labs’ native ApeCoin dropped in recent months, bringing losses to investors. The law firm has now opened channels for individual BAY...
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ApeCoin Shoots Up in Value Following Yuga Labs' Otherside Tech Demo
ApeCoin price has surged by over 34 percent today following the opening of Otherside metaverse. Yuga Labs' Bored Ape Yacht Club opened the Otherside metaverse to 4,300 “Voyagers” for a first-look tech demo and tour over the weekend.
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Rolling Stone Magazine Teams With BAYC for Special Edition NFTs, Marks 2nd Collab
The Rolling Stone magazine is all set to bring exclusive NFTs in collaboration with Bored Apes Yacht Club (BAYC). The sales of these NFTs will only be facilitated in ApeCoin amounting to $100 (roughly Rs. 7,832). This marks the second time partnership between Rolling Stone and BAYC.
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NFT Marketplace OpenSea Quietly Adds ApeCoin as Official Payment Method
The official website of OpenSea states that the NFT marketplace has begun accepting ApeCoin as a payment method. The move coincides with Yuga Labs' launch of land tokens for its metaverse project named 'Otherside' which has earned the company roughly $320 million (roughly Rs. 2,450 crore).
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Yuga Labs Metaverse Land Sale Rakes in $320 Million, Frenzy Unsettles Ethereum
The creators of the BAYC NFT collection, Yuga Labs, revealed the Otherside metaverse digital land sale which turned out to be one of the largest non-fungible token (NFT) mints so far. The Otherside metaverse digital land sale raised near $320 million (roughly Rs. 2,450 crore) by promoting 55,000 parcels of Otherside land.
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Yuga Labs Announces Bored Ape, Mutant Ape Merch, Available Only in Exchange of ApeCoin
Yuga Labs, the parent company of Bored Ape Yacht Club and Mutant Ape Yacht Club announced that its latest merchandise drop would be available to holders only with the ApeCoin cryptocurrency which is the APE ecosystem's native token.
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What Is ApeCoin? Why Has Its Value Shot Up by Over 50 Percent in a Week?
Apecoin is an ERC-20 token that is backed by the same team behind the hugely successful Bored Ape Yacht Club NFT collection and although APE is just a speculative token at this point, its rise in value of the week has seen its popularity soar amongst investors.
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Bored Ape Creator Yuga Labs Raises $450 Million to Fund Metaverse Project
Yuga Labs, the creators of the Bored Ape Yacht Club NFT collection has announced that it has raised $450 million (roughly Rs. 3,430 crore) in a funding round led by Andreessen Horowitz, bringing the Web 3 company to a total valuation of $4 billion (roughly Rs. 30,475 crore).
-
BAYC Creator Yuga Labs Debuts Layer-3 Network ApeChain: All You Need to Know
This week, Yuga Labs introduced a new Layer-3 blockchain called ApeChain, built on the Arbitrum One blockchain. ApeChain is designed to facilitate transactions and enhance the overall ecosystem of ApeCoin.
-
Magic Eden NFT Marketplace Tries to Entice Traffic with Rewards as Market Crumbles
Magic Eden has announced a loyalty rewards initiative to entice the buyers of digital collectibles. The feature will fetch users five ‘Magic Points’ for every trade worth SOL 1. These rewards include exclusive content from creators, discounts from partners, and airdropped NFTs.
-
ApeCoin DAO Debuts its NFT Marketplace; Sizzles Up Competition for OpenSea, MagicEden
ApeCoin DAO has announced the launch of its own NFT marketplace. For sellers, the platform has decided to offer a 0.5 percent fee on Ether transactions and 0.25 percent on ApeCoin transactions. It will also retain 0.25 percent from each sale.
-
BAYC Creator Yuga Labs Faces SEC Probe Over Alleged Securities Violations: Report
Yuga Labs, creators of Bored Ape Yacht Club NFTs, is facing a probe by the US Securities and Exchange Commission into whether sales of some of its offerings violate federal law.
-
BAYC Parent Yuga Labs Names Spencer Tucker its First Chief Gaming Officer
Yuga Labs, the makers of Bored Apes Yacht Club (BAYC) NFTs, have appointed Spencer Tucker as its chief gaming officer. This is the first time that the 2021-founded Yuga Labs has hired somebody dedicated to lead its gaming-related plans and initiatives. Yuga Labs is also working on an interoperable metaverse project called the ‘Otherside’, and a...
-
Magic Eden Proposes to Build NFT Marketplace for ApeCoin Holders, Submit Proposal to ApeCoin DAO
Days after announcing its multichain expansion into the Ethereum ecosystem, Solana’s crypto unicorn Magic Eden has begun targeting Ethereum-native NFT projects, and first on its list appears to be Yuga Labs’ Bored Ape Yacht Club and Mutant Ape Yacht Club.
-
Gucci Ups Its Web3 Game, To Accept ApeCoin Payments in Select US Stores
Gucci has become the first in its league to include ApeCoin as a payment option for its products. Denoted as APE, the token was launched in March this year to power metaverse applications around the BAYC NFT ecosystem. Currently, each APE token is currently priced $7.33 (roughly Rs. 580) with a live market cap of $2,234,823,542 (roughly Rs. 17,673 ...
-
Yuga Labs Accused of Manipulating Buyers With Inflated Prices, Celeb Endorsements in Proposed Lawsuit
Law firm Scott+Scott has proposed a class-action lawsuit against BAYC NFT creator Yuga Labs alleging the firm of ‘fraudulently duping’ investors. The law firm has pointed out how the prices of BAYC NFTs and Yuga Labs’ native ApeCoin dropped in recent months, bringing losses to investors. The law firm has now opened channels for individual BAY...
-
ApeCoin Shoots Up in Value Following Yuga Labs' Otherside Tech Demo
ApeCoin price has surged by over 34 percent today following the opening of Otherside metaverse. Yuga Labs' Bored Ape Yacht Club opened the Otherside metaverse to 4,300 “Voyagers” for a first-look tech demo and tour over the weekend.
-
Rolling Stone Magazine Teams With BAYC for Special Edition NFTs, Marks 2nd Collab
The Rolling Stone magazine is all set to bring exclusive NFTs in collaboration with Bored Apes Yacht Club (BAYC). The sales of these NFTs will only be facilitated in ApeCoin amounting to $100 (roughly Rs. 7,832). This marks the second time partnership between Rolling Stone and BAYC.
-
NFT Marketplace OpenSea Quietly Adds ApeCoin as Official Payment Method
The official website of OpenSea states that the NFT marketplace has begun accepting ApeCoin as a payment method. The move coincides with Yuga Labs' launch of land tokens for its metaverse project named 'Otherside' which has earned the company roughly $320 million (roughly Rs. 2,450 crore).
-
Yuga Labs Metaverse Land Sale Rakes in $320 Million, Frenzy Unsettles Ethereum
The creators of the BAYC NFT collection, Yuga Labs, revealed the Otherside metaverse digital land sale which turned out to be one of the largest non-fungible token (NFT) mints so far. The Otherside metaverse digital land sale raised near $320 million (roughly Rs. 2,450 crore) by promoting 55,000 parcels of Otherside land.
-
Yuga Labs Announces Bored Ape, Mutant Ape Merch, Available Only in Exchange of ApeCoin
Yuga Labs, the parent company of Bored Ape Yacht Club and Mutant Ape Yacht Club announced that its latest merchandise drop would be available to holders only with the ApeCoin cryptocurrency which is the APE ecosystem's native token.
-
What Is ApeCoin? Why Has Its Value Shot Up by Over 50 Percent in a Week?
Apecoin is an ERC-20 token that is backed by the same team behind the hugely successful Bored Ape Yacht Club NFT collection and although APE is just a speculative token at this point, its rise in value of the week has seen its popularity soar amongst investors.
-
Bored Ape Creator Yuga Labs Raises $450 Million to Fund Metaverse Project
Yuga Labs, the creators of the Bored Ape Yacht Club NFT collection has announced that it has raised $450 million (roughly Rs. 3,430 crore) in a funding round led by Andreessen Horowitz, bringing the Web 3 company to a total valuation of $4 billion (roughly Rs. 30,475 crore).
