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A wallet could issue an infinite amount of new Apes if Bored Apes had a smart contract mechanism. This might have a significant impact on the market.
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During the month of May, the value of the Bored Ape Yacht Club dropped significantly as the average sales price of the NFTs dropped significantly.
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In the NFT era, there is a controversy about fair use and copyright.
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On Sunday, almost 71,000 ether were burnt to meet demand for a new NFT project. However, while the larger market remained flat, this had no impact on ether pricing.
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The business behind the 'Bored Ape' series of NFTs has raised over $285 million in cryptocurrencies by selling tokens that represent land in a virtual world game that it claims to be developing.
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Yuga Labs, the creator of the popular Bored Apes Yacht Club line of NFTs, led a sale of virtual land related to its upcoming metaverse project, which raised about $320 million in the largest sale of its kind.
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ApeCoin (APE), the native currency on the Bored Ape NFT collection, climbed to approaching record highs on Wednesday due to an upcoming event.
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Hackers recently hijacked the Discord server for the renowned Bored Ape Yacht Club NFT collection. On Twitter, the BAYC team confirmed the breach.
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A Bored Ape Yacht Club NFT was sold for $115, which is 99.97% less than the current asking price for the collection's cheapest model.
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BAYC is a billion-dollar ecosystem and one of the most recognizable NFT collections. Forkast explains why the cartoon primates are so remarkable in this explanation video.
A wallet could issue an infinite amount of new Apes if Bored Apes had a smart contract mechanism. This might have a significant impact on the market.
