The Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection’s new utility and governance token ApeCoin (APE) was airdropped to holders of NFTs in the BAYC ecosystem on Thursday, soaring in price as major exchanges rushed to list it.
What are the best upcoming NFT projects this year? Lets explore their features and highlight the investment potential that these may have.
After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on Wednesday, non-fungible token (NFT) weekly sales volume data shows an improvement from last week’s sales metrics. At the time of writing, in terms of seven-day sales volume, the aggregate NFT sales volume increased by 17.86% this week to $457 million.
In December 2021, the CEO of Instagram, Adam Mosseri, discussed how the firm was looking into non-fungible token (NFT) technology during an ask-me-anything (AMA) session. Three months later, at the South by Southwest (SXSW) event in Texas, Meta’s CEO Mark Zuckerberg explained Instagram plans to introduce NFTs in the “near term.”
“We’re working on bringing NFTs to Instagram in the near term,” the Meta CEO stated, adding that he hopes NFT minting will be available in the coming months.
While crypto used to be associated with a ‘bro’ culture, it is now maturing into a hotbed for inclusivity, writes Cynthia Wu of Matrixport.
Singapore Finance Minister Lawrence Wong stated that the prevailing income tax rules apply to income derived from NFT transactions and trading in it.
报告列举了从改变体育技术基础设施到推动球迷参与等各种因素,指出了NFT在体育行业的三个主要使用案例。
On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full commercial rights to the NFT holders.”
Since the phishing attack on OpenSea, the NFT space has recorded dwindling numbers of buyers.
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