NFTs


Markets

APE Token Tied to Bored Ape Yacht Club NFTs Sinks 80% in Opening Hours

The ApeCoin token airdropped to Bored Ape NFT owners is off to a rough start, falling from $39.40 to as low as $6.48.

Artist's rendition of a Bored Ape NFT. (Adam Levine/CoinDesk)

Finance

Rarible Bests OpenSea on Multi-Chain Support With Addition of Polygon NFTs

Polygon becomes Rarible’s fourth supported blockchain. OpenSea only sports three – but does 1,000 times the weekly sales volume.

Rarible is adding Polygon NFTs. (George Pagan III/Unsplash)

Tech

Token Linked to Bored Ape Yacht Club Launches

The NFT staple is getting its own token and DAO just days after BAYC parent company Yuga Labs acquired the IP for CryptoPunks.

(Bored Ape Yacht Club, modified by CoinDesk)

Markets

SCMP Spinning Off NFT Business Into New Firm ‘Artifact Labs’

The newspaper has found a brisk business in selling NFTs of its historical front pages, clearing $127,000 in its last auction.

(Howard Pulling/Flickr)

Finance

Mark Zuckerberg Says NFTs Are Coming Soon to Instagram

The Meta CEO’s comments at South by Southwest confirmed earlier reports that Instagram was preparing to make such a move.

CoinDesk placeholder image

Finance

McLaren to Mint NFTs of Luxury Supercars in InfiniteWorld Partnership

McLaren Automotive plans to build a marketplace for the sale of NFTs that will include access to exclusive experiences for its buyers.

McLaren supercar (Ernie A. Stephens/Pixabay)

Finance

Crypto Unicorns Closes $26M Token Sale Ahead of NFT Game Launch

The popular Polygon-based NFT collection will introduce its first play-to-earn game later this month.

(Heinrich Jonas/Wikimedia Commons)

Opinion

The First NFT Monopoly

With Bored Apes and CryptoPunks under the same corporate roof, the NFT market barrels toward further centralization.

Andreessen Horowitz co-founder Marc Andreessen (Steve Jennings/Getty Images for TechCrunch)

Finance

Solana-Based NFT Marketplace Magic Eden Raises $27M Series A

The round was led by Paradigm and included contributions from Sequoia and Solana Ventures.

Iguazu Falls, Argentina. (Julia Caesar/Unsplash)