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 […]

The CryptoPunks ETH NFT sales surge by 1200% after Bored Apes Yacht Club acquired their IP address as we reported in the previous cryptocurrency news. The Etheruem profile picture collection saw soaring sales after LArva Labs announced the sale to Yuga Labs. The CryptoPunks ETH NFT announced that they sold the IP for CryptoPunks and […]

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 […]

Yuga Labs is known as the creator of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs.

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TribeOne, the world’s first AI-powered DeFi and NFT-funding platform, is hosting a special event ‘The Biggest NFT Giveaway’ where they will giveaway an NFT from the immensely popular Mutant Ape Yacht Club Collection. Users can participate in the giveaway by placing loan requests for an NFT of their choice on TribeOne’s dApp. What is TribeOne? Besides hosting Crypto’s Biggest NFT Giveaway, TribeOne has been offering lending solutions to DeFi users to help them take part in the NFT space. NFT market is a billion-dollar market and is growing at a rapid pace as more creators, traders, and collectors step into it. A platform enabling users to purchase NFTs by providing financing solutions, TribeOne is aiming to make NFT space more accessible. For this purpose, they are collaborating with NFT marketplaces and expanding their NFT offerings. Through TribeOne, users can avail of financial solutions for over 80M+ NFTs listed on the OpenSea marketplace with a 25% down payment and custom payback schedules of up to 12 monthly installments. The host of Crypto’s Biggest NFT Giveaway, TribeOne’s native token $HAKA can be used to pay for installments and also staked on various platforms for additional benefits. The platform is also addressing the difficulties associated with NFT lending services and their new dApp is promising a refined experience for investors seeking easy access to a variety of NFTs. Alongside custom loaning options, TribeOne’s dApp is also making it possible to generate revenue in crypto via NFT flipping, allowing users to take long positions on NFTs and self-liquidating, a unique process based on dipping out of paying their full loan amount and putting the NFT back on its marketplace of origin for sale – resulting profit from future price hikes of the NFT. How to participate in the Crypto’s Biggest  NFT Giveaway by TribeOne? Mutant Ape Yacht Club Collection contains Ape NFTs similar to the Bored Ape Yacht Club Apes, but with a zombie-like mutant theme. Holders of the original 10,000 BAYC NFTs were airdropped a mutant serum vial that allows BAYC NFT holders to “evolve” their bored apes to mutant apes. Bored Ape Yacht Club Collection is among the most prestigious NFT collections in the world. There are numerous celebrities owning NFTs from the BAYC collection, ranging from NBA players like Stephen Curry, Mark Cuban, and Shaquille O’Neil to famous musicians such as DJ Khaled, Post Malone, and Snoop Dogg. The host of the Crypto’s Biggest NFT Giveaway, TribeOne will reward one lucky participant with an NFT from MAYC Collection. “To express our gratitude to our community for their support, we are hosting the most sensational giveaway in the history of crypto and giving a Mutant Ape NFT as a reward to our community,” says Mehdi Suleman, CEO of TribeOne. To participate, users should follow the steps below: Apply for a loan on an NFT of your choice, using the “import functionality” on app.tribeone.io Tweet a screenshot of your loan portfolio with the hashtag #TribegoesApe, tagging @tribeonedefi – and make sure to include your wallet address!  One winner will be randomly selected from all entries received and will be rewarded with a Mutant Ape Yacht Club NFT. TribeOne is the world’s first AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology. TribeOne is an NFT, lending, borrowing, saving, and credit risk platform that offers a seamless experience; to all the users through its innovative consumer-centric products. The platform will break barriers in the traditional financial ecosystem and revolutionize the DeFi sphere as a whole. Providing the community with a platform to lend, borrow and invest in crypto assets and NFTs. Therefore, offering an unconventional experience for all.  

The creator behind the Bored Ape Yacht (BAYC) non-fungible collection (BAYC) is reportedly in talks with venture capital firm Andreessen Horowitz (a16z) for a funding round that would value it at up to $5 billion, the Financial Times reported. According to people familiar with the matter, the terms are subjected to changes, and the talks may not necessarily lead to a deal. However, the sources also said that creators of the NFT project could potentially issue crypto tokens to the existing holders of BAYC. Should the deal go through, it would mark the first institutional investment into Yuga Labs, led by anonymous founders Gordon Goner, Emperor Tomato Ketchup, No Sass, and Gargamel, who set up the Bored Ape Yacht Club NFT project a little over a year ago. Andreessen Horowitz is a US-based venture capital firm and was an early investor in several top performing tech companies such as Facebook, Twitter, and Airbnb. However, recently the firm has turned towards crypto investments, revealing a $4.5 billion crypto fund. The venture capital firm also has majority stakes in crypto exchange Coinbase and NFT marketplace OpenSea. Bored Ape Floor Price Goes Over 100 ETH Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs built on the Ethereum blockchain. Launched by a group of anonymous developers, the NFT project went on to become the most expensive collection in terms of floor price as of January 2022. As of February 3, the floor price for a Bored Ape NFT is 99.3 ETH about $274,500. The company has also introduced several spinoff projects, including Mutant Ape Yacht Club and Bored Ape Kennel Club. Holders of BAYC includes Snoop Dogg, Jimmy Fallon, Paris Hilton, Justin Bieber, Gweneth Paltrow, Justin Biebers among others.

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Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin blockchain-based NFT sales (Axie Infinity) dropped […]

Key Takeaways The NFT space has attracted many scammers and hackers as it has grown. Collectors should consider using hardware wallets to store...

While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume. NFT Sales Remain Strong Despite Crypto Market Price Reversal […]

We’ve all heard the rumors; a bear market is coming eventually. Whether it be in 2 months or six months is up for anyone to guess; however, we know it will be here, and you want to be prepared when it does. It’s nothing new in the crypto industry, and those that have been here […]

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