Nifty News: Rumors of New Yuga Labs Collection Shut Down, Budweiser Celebrates Merger and More
Yuga Labs was planning to raise about $50 million from the sale of 100,000 token lots, but the company's co-founder says that's all "fake news".
New
Yuga Labs co-founder Greg Solana, or Garga, has denied rumors that the creators of the Bored Ape Yacht Club (BAYC) are planning to launch a new collection of non-fungible tokens (NFTs) dubbed Mecha Apes d end of the year.
Rumors began swirling after Protos claimed to have obtained leaked documents detailing that Yuga Labs planned to raise approximately $50 million from the sale of 100,000 token lots.
After the news was reported via various online outlets, Garga.eth noted it was "fake news" via Twitter on Friday.
fake news https://t.co/KVMaO18IaF
— Garga.eth (@CryptoGarga) September 15, 2022While the rumors have been squashed, given that Yuga Labs has knocked the ball out of the park with every project it's launched so far, and set out a broad vision for its metaverse, another NFT project from them in the future does not seem so exaggerated.
Ultimately, Yuga Labs hopes to create an interoperable metaverse ecosystem in the Other Side that includes a virtual place for socializing, a host of game modes with play-to-win aspects, and a hub for users to receive key training on blockchain, NFTs and the metaverse.
Yuga Labs is valued at around $4 billion, and to date, BAYC NFTs have generated over $2.4 billion in sales, while Otherdeed NFTs for the Otherside metaverse have grossed over $1. billion dollars.
Budweiser toasts mergerBeloved beer maker Budweiser has teased a limited run of...
Yuga Labs was planning to raise about $50 million from the sale of 100,000 token lots, but the company's co-founder says that's all "fake news".
New
Yuga Labs co-founder Greg Solana, or Garga, has denied rumors that the creators of the Bored Ape Yacht Club (BAYC) are planning to launch a new collection of non-fungible tokens (NFTs) dubbed Mecha Apes d end of the year.
Rumors began swirling after Protos claimed to have obtained leaked documents detailing that Yuga Labs planned to raise approximately $50 million from the sale of 100,000 token lots.
After the news was reported via various online outlets, Garga.eth noted it was "fake news" via Twitter on Friday.
fake news https://t.co/KVMaO18IaF
— Garga.eth (@CryptoGarga) September 15, 2022While the rumors have been squashed, given that Yuga Labs has knocked the ball out of the park with every project it's launched so far, and set out a broad vision for its metaverse, another NFT project from them in the future does not seem so exaggerated.
Ultimately, Yuga Labs hopes to create an interoperable metaverse ecosystem in the Other Side that includes a virtual place for socializing, a host of game modes with play-to-win aspects, and a hub for users to receive key training on blockchain, NFTs and the metaverse.
Yuga Labs is valued at around $4 billion, and to date, BAYC NFTs have generated over $2.4 billion in sales, while Otherdeed NFTs for the Otherside metaverse have grossed over $1. billion dollars.
Budweiser toasts mergerBeloved beer maker Budweiser has teased a limited run of...
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