According to analytics source DappRadar, Bored Ape Yacht Club is one of the largest NFT collections on Ethereum, with a total trading volume of $1.41 billion. Many of the top-selling BAYC artworks are worth more than a million dollars, and their owners involve celebrities such as Jimmy Fallon, Serena Williams, and Paris Hilton. “See You [...]

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Non-fungible tokens (NFTs) have skyrocketed in popularity within the past year, eclipsing $23 billion in total volumes over the course of 2021. According to the latest DappRadar report, NFTs have continued with a similar trend this year, with the number of unique traders and sales increasing by 8% and 2%, respectively.  These metrics come as …

Universal Music Group (UMG.AS) is leveraging the popularity of non-fungible tokens (NFT) by appointing one of the digital collectibles’ most popular cartoon apes to manage an entirely virtual music group. On Friday, Universal’s 10:22 PM label announced that it paid $360,817 for Bored Ape #5537, a female character now known as Manager Not All, to...

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