Yuga Labs announced ApeCoin as the native cryptocurrency of the BAYC ecosystem.
What are NFTs
March 20, 2022Key Takeaways
- Yuga Labs, the creator of the famous NFT project Bored Ape Yacht Club (BAYC) has announced the release of its own cryptocurrency, called ApeCoin ($APE), and the development of a new play-to-earn game by nWay.
- Mark Zuckerberg has announced interest to bring NFTs to Instagram, possibly turning Instagram itself into an NFT marketplace. Zuckerberg has previously mentioned launching an NFT marketplace on Meta’s behalf and his planned metaverse could possibly be implemented with Instagram.
- ARPG Eizper Chain, based on Solana blockchain, has raised $2 million from private NFT sale and investors during seed round. Eizper Chain is a blockchain ARPG celebrating adventure and arena battle. Players roam the fast world of Eizper following an epic story full of twists.
Highlights
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- Sir Mix a Lot to release Bit Butts NFT for charity.
- Jay-Z and Dame Dash explore settlement regarding the NFT lawsuit.
- LimeWire to relaunch as NFT marketplace.
- UK’s first NFT gallery set to open in London.
- Spotify looks to integrate NFTs.
- The Notorious B.I.G. collection is soon to be released.
- Tyler the Creator criticizes NFTs saying they are “A fucking Monkey in a Supreme Hoodie”.
- SportZChain teams up with Iceland Cricket Association to launch tokens.
- Wladimir Klitschko releases NFT to raise funds for Ukraine during war.
- Dutch artist creates NFTs for everyone in the world as experiment.
Top Artists
The following table shows top artists (by primary sales volume on each platform) and their art samples.
Bored Ape Kennel Club. 7-day sales volume: ETH 8,261.94
Mutant Ape Yacht Club. 7-day sales volume: ETH 23,399.33
Bored Ape Yacht Club 7-day sales volume: ETH 37,366.22
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