Iconic singer/songwriter and actress Madonna joined the proud ranks of “ape holders” today, flaunting on Instagram a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) she purchased for about $560,000 via fintech firm MoonPay.
Azuki, an anime-inspired NFT avatar collection, surged over 140% in the past 24 hours to top Friday’s sales volume chart, surpassing Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club, according to CryptoSlam data. See related article: Azuki, CryptoPunks battle it out for week’s top NFT title Fast facts With its latest spike, Azuki’s […]
The Bored Ape Yacht Club (BAYC) is an exclusive membership project open to any and all owners of the Bored Ape Yacht Club NFT, underpinned by the ApeCoin (APE) token.…
Since the token was launched roughly three days ago, the digital currency apecoin (APE) has been a topical conversation within the cryptocurrency community on forums and social media. So far, just over 82% of the claimable APE has been claimed and 13,672 unique addresses have received APE from the airdrop. Meanwhile, the Bored Ape Yacht […]
After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on Wednesday, non-fungible token (NFT) weekly sales volume data shows an improvement from last week’s sales metrics. At the time of writing, in terms of seven-day sales volume, the aggregate NFT sales volume increased by 17.86% this week to $457 million. […]
The Bored Ape Yacht Club (BAYC) NFT collection announced its highly anticipated ApeCoin ($APE), an ERC-20 token produced on the Ethereum platform. ApeCoin Will be Governed by a New DAO ApeCoin is described as the “token for culture, gaming, and commerce used to empower a decentralized community building at the forefront of web3” or the expansion of the BAYC universe. Introducing ApeCoin ($APE), a token for culture, gaming, and commerce used to empower a decentralized community building at the forefront of web3. 🧵 — ApeCoin (@apecoin) March 16, 2022 Notably, the token was not created by Yuga Labs, the developer behind the Bored Ape Yacht Club (BAYC) NFT Collection but the newly founded ApeCoinDAO. The only requirement to join this DAO is holding ApeCoin. To put it simply, $APE will serve as a token to govern the future of the Bored Ape community which includes funding allocations, governance rules, projects, partnerships among others. Yuga Labs is adopting ApeCoin “as the primary token for all new products and services” including its blockchain game coming later this year, according to an official statement. In fact, Animoca Brands’s blockchain game Benji Bananas will also implement ApeCoin starting today. Major Exchanges Announced Support for $APE Immediately after $APE was revealed, Coinbase Assets Twitter account announced supporting the token on an “experimental basis” starting today at 12:00 PM EST, assuming key liquidity thresholds are met. New asset: Coinbase will add support for APE with the Experimental label. Learn more about the Experimental label here: https://t.co/MBMBbYyZ7S pic.twitter.com/9FuL5I1bQA — Coinbase Assets (@CoinbaseAssets) March 16, 2022 The Experimental label, as per Coinbase’s website, refers to “certain tradable assets that are either new to our platform or have relatively low trading volume compared to our broader crypto marketplace.” In addition to Coinbase, a few of the significant U.S. exchanges including FTX, Kraken, Gemini, Binance.US, too announced support for the newly launched token. Upcoming listing on FTX: $APE spot and perpetual futures!@apecoinListing details: https://t.co/3zGsvrAmxu pic.twitter.com/jyLmoGuJVw — FTX (@FTX_Official) March 16, 2022 The news comes just days after Yuga Labs, the creator of Bored Ape Yacht Club, had acquired the CryptoPunks and Meebits NFT series from Larva Labs.
Yuga Labs, the creator of the massively popular Bored Ape Yacht Club (BAYC) NFT collection, said it had launched a new token, ApeCoin (APE), for use on the BAYC ecosystem. Yuga will also airdrop 15% of total APE supply to BAYC holders later today. The firm said it had set up a foundation to oversee
Over the last year, celebrities have been dabbling in non-fungible token (NFT) collectibles and a few of their purchases have brought them attention. For instance, a number of socialites, luminaries, big-name personalities, and today’s top brass have purchased NFTs from the Bored Ape Yacht Club (BAYC) collection. While they paid a pretty penny in ethereum […]
Non-fungible token (NFT) assets have been very popular for well over 12 months and a great number of collections have skyrocketed in value. While interest in NFTs has slid to a four-month low according to Google Trends search queries, a vast quantity of NFTs are still selling for hundreds of thousands or even millions of […]