Tags: Yuga Labs

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Bored Ape in the Otherside (Yuga Labs)

Today in Crypto: WeChat & Alipay Enable Foreigners to Pay at Chinese Retailers, ETH 699,816 Paid as Royalties to NFT Projects on Ethereum, Hana Bank & Woori Bank ‘Interested in Certificate of Deposit‘ Tokens

Daniel Alegre, CEO, Yuga Labs and Rosie Perper, Deputy Managing Editor, Web3, CoinDesk (Shutterstock/CoinDesk)

Yuga Labs CEO Daniel Alegre, left, and Rosie Perper, CoinDesk‘s Web3 deputy managing editor (Shutterstock/CoinDesk)

The Otherside (Yuga Labs)

Yuga Labs is releasing a limited edition series of Gucci-made jewelry centered around Otherside lore.

(Yuga Labs)

Virtual land trading spiked this past quarter with 147,000 trades generating $311 million in trading volume, according to a new report.

The day after Silicon Valley Bank collapsed, the number of active NFT traders dropped to its lowest point since November 2021.

Sewer Pass holders can now begin the next phase in the journey, burning their old passes to mint new NFTs with tiers depending on their score in Dookey Dash.

The Bored Ape parent company will allow up to 10,000 holders of its Otherdeed NFTs to participate in the second gamified test of its Otherside metaverse platform.

Despite the critics, applications like Ordinals are the next on-ramp for Bitcoin adoption, Aubrey Strobel writes.

Greg Solano said the company’s use of the Bitcoin blockchain and its strategic bidding process could only be done because Yuga Labs is a “trusted party.”

The company behind Bored Ape Yacht Club generated $16.5 million from its auction of 288 NFTs in its TwelveFold collection based on the Ordinals protocol.

According to DappRadar’s February report, the catalysts for the huge spike include the ongoing NFT marketplace war and Yuga Labs’ loyal fans and successful launches.

Called TwelveFold, the 300-piece collection serves as a “visual allegory for the cartography of data on the Bitcoin blockchain.”

The one-of-one "Golden Key" was earned by receiving the highest score on Yuga Labs‘ skill-based NFT game Dookey Dash last month.

In the Web3 giant’s first skill-based mint, almost 26,000 holders of Sewer Pass NFTs played the game for a cumulative time of 80 years – promising numbers for Yuga’s metaverse initiatives.

The co-founder of Yuga Labs, Wylie Aronow, shares a frank letter touching on his recent diagnosis of heart failure and responding to accusations of racist and nazi imagery embedded within the Bored Ape Yacht Club NFT project.

The suit involved the developer of websites and a smart contract to sell “misleading” RR/BAYC NFTs. There are separate ongoing cases regarding Ryder Ripps‘ use of Bored Apes‘ imagery.