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Bored Ape Yacht Club
Otherside and the Future of NFT Consolidation
In the wake of its chaotic metaverse land sale, Yuga Labs says it has outgrown Ethereum. Quelle surprise.
BAYC Metaverse Land Sale Fetches $285M But Investors Paid $176M in Gas Fees Alone
Yuga Labs debuted its long-awaited Bored Ape Yacht Club metaverse project “Otherside,” generating roughly $285 million in digital land sales, but the Ethereum-based project created some of the highest gas fees in the network’s history – costing investors over $176 million.
Please Don’t Buy a ‘KYC’d’ Wallet for the Bored Apes Team’s Otherside Mint
Yuga Labs’ long-awaited “Otherside” NFT sale has spawned a secondary market for specially registered Ethereum addresses. Caveat emptor.
ApeCoin Futures See $36M in Liquidations After Volatile Trading
The tokens surged and sank as new features in the Bored Ape Yacht Club ecosystem went live.
Ethereum Name Service NFTs Overtake BAYC in Daily Trade Volume
The ENS NFTs have seen a surge in volume today as investors dive in to purchase three- and four-digit domains.
What Are PFP NFTs?
Social media profile pics are one of the most popular ways to display NFT ownership.
Moonbirds COO Leaves Project for New NFT Fund
Moonbirds Chief Operating Officer Ryan Carson announced his departure from the project to start an NFT venture fund, facing insider trading accusations as he currently holds $1.2 million in Moonbirds collectibles. “The Hash” group discusses the broader story of the PFP craze, referencing other projects like Mooncats and the Bored Ape Yacht Club.
Dogecoin, ApeCoin See Higher-Than-Usual Liquidations in Volatile Trading
Futures tracking the two tokens notched up nearly $35 million in losses for traders.
NFTs Stolen After Bored Ape Yacht Club Instagram and Discord Hack
Over $13 million in NFTs was stolen after Bored Ape Yacht Club’s Discord server and Instagram account were hacked, and followers recieved an unofficial “mint” link. “The Hash” group discusses BAYC’s history of phishing attacks and how regulators might react as investors undeservingly lose valuable assets.
