Amidst a continuous downturn in the NFT market, the Bored Ape Yacht Club (BAYC) has witnessed its floor price plummet to 17.55 ETH or $66129.98, marking a significant dip since August 2021, when it last dipped below 20 ETH. This decline represents a significant 189% decrease from its peak of
In conjunction with SaaSy Labs, Bored Ape Yacht Club (BAYC) is announcing the release of “Made by Apes,” an on-chain IP verification tool. The purpose of the application is to provide an easy process by which BAYC members may validate their works and produce a comprehensive catalog. From its peak,
DUBAI, United Arab Emirates–(BUSINESS WIRE)–Undeads Metaverse is making waves in the gameFi space. Backed by the BAYC community, with renowned holders such as n0b0dy.eth and indifferentguy.eth, ($20M+ collective value of held NFT assets), conceived from the ground up to breathe new life into the GameFi industry. Undeads Metaverse is a
In light of the recent reports about FTX’s liquidity crisis and allegations of manipulation of client cash, cryptocurrency prices have fallen this week, and the market volatility may have even spread to the NFT industry. Moreover, in light of the recent decline in the price of Ethereum, investors may be
Due to Ethereum’s price volatility, the BAYC floor price is now at $107,000. Since it hit a record high of 153.7 ETH on May 1, the price has been steadily dropping. Due to the ongoing NFT market downturn and broader crypto market crisis, the Ethereum floor price of the Bored
After reaching a peak of over $26, BAYC’s ApeCoin token is now only worth $3. BAYC has been hacked before, and investors lost NFTs during earlier assaults. Digital art prices skyrocketed last year as NFTs became a fascinating trend. Volumes on OpenSea and NFT prices have fallen due to the
Avatars from the Bored Ape Yacht Club and NFTs from Otherside territory have focused on many discussions over the last several weeks. This week’s most costly NFT sales were made by Yuga Labs, which has now taken the lead in the list of highest-grossing NFT sales with $1.12M worth of
Somnia, a high-performance Layer 1 that is compatible with EVM and optimized for entire worlds’ data fully onchain, has released a updated version of its litepaper. The project’s major improvements, such as the new Multistream consensus model, are outlined in depth in the updated document. Somnia, which aims to enable the next generation
London, UK, 21st October 2024, Chainwire
Greg Solano, co-founder of Yuga Labs, has finally spoken out about his plans for the Bored Apes franchise as a whole. Solano took to his official X account to explain that he is holding himself responsible by basing his update on his 10-day check-in. Ever since it debuted and became
