Yuga Labs
Metaverse Takes Center Stage at MTV VMAs with Snoop Dogg, Eminem
Snoop Dogg and Eminem performed at the MTV VMAs taking inspiration from Yuga Labs’ upcoming metaverse gaming platform “Otherside.” Separately, K-pop girl group Blackpink won the Best Metaverse Performance award. “The Hash” team discusses how the metaverse is going mainstream.
Only 1 in Top 25 NFT Projects Attempt to Give True Ownership, Report Claims
A new Galaxy Digital report explores the concerns over non-fungible token (NFT) intellectual property (IP) rights. Galaxy Digital Head of Research Alex Thorn breaks down the key takeaways, saying “only one project in the top 25 by implied market cap actually attempts to give true ownership for the underlying artwork to its token holders.”
Yuga Labs Releases IP Rights For CryptoPunks, Meebits Collections
Yuga Labs, the company behind the Bored Ape Yacht Club, released the intellectual property (IP) rights for the CryptoPunks and Meebits non-fungible token (NFT) collections it bought earlier this year. Owners of CryptoPunks and Meebits are now allowed to use their characters in commercial or personal projects. "The Hash" hosts discuss what this means for the future of digital ownership.
BAYC Metaverse Land Sale Fetches $285M But Investors Paid $176M in Gas Fees Alone
Yuga Labs debuted its long-awaited Bored Ape Yacht Club metaverse project “Otherside,” generating roughly $285 million in digital land sales, but the Ethereum-based project created some of the highest gas fees in the network’s history – costing investors over $176 million.
ApeCoin's Rise and Fall: Is it Just Hype?
Digital Strategies Principal Kalman Gabriel discusses the recent price action of the Bored Ape Yacht Club’s ApeCoin and its similarities with $MAGIC from Treasure DAO. Plus, a conversation on the future gaming utilities of ApeCoin and Yuga Lab’s partnership with Animoca Brands.
Fusang Defers IPO; Yuga Labs Hits $4B Valuation
Malaysia’s Fusang defers security token IPO. Support for home-grown NFTs grows in China. Australian Blockchain Week dives into intellectual property rights. BAYC creator Yuga Labs raises valuation to $4B. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
