Search Results for "yuga labs"
Yuga Labs Sets Up BAYC Community Council to Boost Innovations
The council brings together seven long-standing community members that have a proven track record of supporting the collection.
Yuga Labs: The Conglomerate of NFT Marketplaces and Digital Collectibles
Explore the influential role of Yuga Labs in shaping the NFT landscape with its array of popular collections like BAYC and Cryptopunks
Yuga Labs Raises $450m to Build Media Empire Around NFTs: Report
Yuga Labs, the blockchain startup behind the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) project has raised the sum of $450 million in funding from investors led by Andreessen Horowitz (a16z).
Bored Ape Yacht Club Creators Launch Bitcoin NFT Collection
Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC), have launched a new collection of 300 tokenized computer-generated artworks on Bitcoin called TwelveFold. The collection is based on mathematics, time, and the Bitcoin blockchain. The announcement comes amidst falling search interest for NFTs, however, trading volume data for February indicates the market is still strong. In other news, the Golden Key NFT, won by Twitch streamer Mongraal in a Dookey Dash competition hosted by Yuga Labs, has been sold for 1,000 Ether to BAYC NFT hodler Adam Weitsman. Polygon Foundation has partnered with Lotte Group to host the conglomerate's NFT projects on its Ethereum layer 2 scaling network Polygon, and intends to develop its Web3 initiatives in partnership with Polygon. Finally, a group of Japanese tech companies have agreed to forward the creation of the Japan Metaverse Economic Zone and an open metaverse infrastructure called "Ryugukoku."
Yuga Labs Launches TwelveFold: Bitcoin Based Generative Art
Yuga Labs has launched TwelveFold, a 300-piece generative art collection on the Bitcoin blockchain. The project uses the Ordinal Theory protocol to locate inscribed satoshis, with participants submitting puzzle answers through various wallets. The technology, "inscribing," is a significant step in NFT evolution.
Yuga Labs Hires Former Rally Executive Chris Fortier as VP of Products
Yuga Labs, the developer of the Bored Ape Yacht Club, has hired VP of Product at financial software firm Rally Chris Fortier as its VP of Product.
Yuga Labs Appoints Former Activision Blizzard COO as CEO
Yuga Labs has hired former Activision Blizzard COO, Daniel Alegre, as its new CEO. Alegre will lead the NFT startup that created the Bored Ape Yacht Club and CryptoPunks collections, following his departure from Activision Blizzard. His arrival is seen as a significant move for the NFT industry.
Health Concerns Arise at ApeFest 2023: Investigation Links Symptoms to UV-A Lighting
Yuga Labs has investigated health issues following ApeFest 2023, identifying UV-A lights as the probable cause. Those affected are advised to seek medical advice and contact Yuga Labs for support.
CryptoPunks Now the Most Trading NFT Collection amid Rising Floor Price
This rising trend has, in particular, favoured the CryptoPunks NFT Collection which is now ranked number 1 of the most traded of all collections.
Jimmy Fallon Fights Subpoena in NFT Legal Battle
Lawyers for Jimmy Fallon have filed a petition to quash a subpoena requiring him to testify in the Yuga Labs Inc. v. Ripps et al. case, stating that he has no connection to the dispute. Meanwhile, Getty Images has partnered with NFT platform Candy Digital to offer rare photos in NFT form, starting with photographs from its 1970s music and culture collection. The NFT market is experiencing growth, with marketplace volume increasing for the fourth consecutive month in February. To provide more comprehensive insights into the NFT economy, Forkast Labs has launched a series of NFT indexes, including the Forkast 500 NFT index that measures performance across 21 blockchains.
Three Bored Ape Owners Sue OpenSea over Security Loophole of Stolen NFTs
Three Bored Ape Yacht Club (BAYC) Non-Fungible Token owners are suing leading NFT trading platform OpenSea for the loss of their NFTs on the exchange.
Yuga Labs' Otherdeeds Sold Out as the Startup Cashes in Over $320M
Yuga Labs, the blockchain startup in charge of the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) collection and ecosystem has made history yet again with the successful sales of Otherdeeds, the gateway to the Otherside metaverse announced back in March