NFTs and intellectual property, explained
When you buy a nonfungible token, do you automatically get intellectual property rights? Well… it’s complicated. Go to Source Powered by WPeMatico
Bored Ape Yacht Club
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Gucci becomes first major brand to accept ApeCoin payments
Gucci has ramped up its Web3 initiatives by allowing crypto nerds to purchase its products with ApeCoin in its stores, adding to a list of 12 other digital assets it accepts for payment. Go to Source Powered by WPeMatico
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integrated apecoin and euro coin into the firm’s platform and the luxury retailer and designer Gucci has announced it will be the first merchant to accept … Read more
Apecoin DAO Approves Funding a Bored Ape-Centric News Publication
Apecoin DAO community members have approved a governance proposal that will fund a Bored Ape Yacht Club (BAYC)-centric news publication called the Bored Ape Gazette with $150,000 for the first year. While the Bored Ape Gazette has been in operation since June 1, 2021, the site’s operator promises to “keep the community better informed” with … Read more
NFT Sales Volume Slips 8% Lower Than Last Week — Moonbirds, Electricsheep, Moonbirds Oddities Lead in Sales
During the last few weeks, non-fungible token (NFT) sales have remained flat and data from the past seven days have shown NFT sales are down 8.11% lower than the week prior. Despite the downturn, a few NFT collections saw significant percentage increases in terms of sales as the collections like Electricsheep, Moonbirds, and Moonbirds Oddities … Read more
Yuga Labs ‘inappropriately induced’ BAYC investors: Class action
Law firm Scott+Scott alleges that Yuga Labs promoted a chance at huge returns on investment to “unsuspecting investors.” Go to Source Powered by WPeMatico
ApeCoin price eyes 45% rally following Otherside metaverse demo
APE has been pursuing a rare ascending triangle reversal breakout, with its profit target at $8.40. Go to Source Powered by WPeMatico
Yuga Labs warns of ‘persistent threat group’ targeting NFT holders
The warning comes only days after hackers compromised the website of Premint NFT, making off with more than 300 NFTs and $375,000 of Ethereum. Go to Source Powered by WPeMatico
Otherside Metaverse demo kicks off with 4,500 participants: highlights
The highly anticipated first trip into the Otherside Metaverse went off with 4,500 users, as the project’s Otherdeed NFTs surpassed $1 billion in sales. Go to Source Powered by WPeMatico
Yuga Labs Drops Otherside Litepaper — Document Covers the ‘Foundational Principles’ of the Metaverse Platform
Following the introduction of the Otherside metaverse and the apecoin (APE) launch, Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), published the Otherside’s litepaper. The team says the “document serves as a starter guide for the Otherside, [and] it covers foundational principles of the platform, capabilities of its developers, … Read more
