Hundreds of Bored Ape owners sign up to hire out their NFTs to brands

Hundreds of Bored Ape owners have signed up to a new NFT licensing marketplace that enables hodlers to rent out their Ape’s IP to brands. Blockchain accelerator Mouse Belt Labs launched the marketplace called “Boredjobs” claiming that it will list all 10,000 BAYC NFTs on its website for brands to browse through and “indicate interest … Read more

The New Eminem and Snoop Dogg Music Video Showcases Bored Ape Avatars – Bitcoin News

The prominent rap stars Eminem and Snoop Dogg released a new music video that showcases the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection. The duo’s latest single called “From the D 2 The LBC” debuted at this year’s Apefest, an annual gathering for BAYC and Mutant Ape Yacht Club (MAYC) owners. From the … Read more

Yuga Labs Sues Artist Ryder Ripps for ‘Scamming Consumers’ and Misusing Bored Ape Trademarks – Bitcoin News

The creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC), Yuga Labs, have sued the artist dubbed Ryder Ripps and collaborators for attempting to devalue the BAYC brand. Yuga Lab’s lawsuit claims Ripps and associates trolled the company and started “scamming consumers into purchasing RR/BAYC NFTs by misusing Yuga Labs’ trademarks. … Read more

Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior – Markets and Prices Bitcoin News

While digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows that during the last seven days, NFT sales have slipped 17.33% lower than the sales recorded the week prior. NFT floor values for popular collections have rebounded this week in terms of ethereum value, … Read more

Nifty News: Lacoste’s luxury DAO, Bill Gates slams Bored Apes and more…

Lacoste launches NFTs and DAO Accessible luxury brand Lacoste has launched an NFT project named “Undw3” that includes a new decentralized autonomous organization (DAO) that will offer token holders voting power on certain products and business partnerships. There are 11,212 NFTs in total — in a nod to the firm’s popular polo shirt L1212 — … Read more

NFT trading volume surges amid market and floor price crash

NFT trading volume has surged over the past 24 hours as crypto markets tank taking floor prices of many top NFT collections along with it. A long list of top NFT projects such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Crypto Punks, and Sorare have all seen more than 100% increases … Read more

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

With the surging popularity of non-fungible tokens (NFTs) many have taken to “flipping” these assets as a trading strategy. Around 64% of people in a recent survey said their top reason for buying a NFT was “to make money”. Blockchain monitoring software company DEXterlab polled more than 1,300 people on Twitter about their NFT buying … Read more

Nifty News: Kraft Foods files for NFT and Metaverse patents, Seth Green gets his ape back, and more…

American food manufacturing and processing giant Kraft Foods Group has filed NFT and Metaverse patents for several of its popular brands.  The firm joins a host of mainstream companies such as Gatorade, Nike, Adidas, and Coca-Cola that have moved to secure their products and branding in the crypto/virtual sphere. According to a June 13 Tweet … Read more

Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams – Bitcoin News

On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik, the BAYC Discord server attacker may have been … Read more

Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink – Markets and Prices Bitcoin News

Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since the first week of October 2021. … Read more