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NFT flipping not so profitable for more than half of buyers: Survey

Though a majority are down on their NFT purchases, there are signs which point to a healthy and robust market in the long term.

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The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million

On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token…

Continue ReadingThe Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million

While Apecoin Reaches New Price Highs, Data Shows Top 100 APE Holders Control 52% of the Supply

During the last two weeks, statistics show the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), apecoin (APE), has climbed more than 50% against the U.S.…

Continue ReadingWhile Apecoin Reaches New Price Highs, Data Shows Top 100 APE Holders Control 52% of the Supply

Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform

The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse.…

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Yuga Labs Obtains Cryptopunks and Meebits Brands, Gives Commercial Rights to NFT Holders

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.…

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