News with the tag "BAYC NFT"

What is the Bored Ape Yacht Club? The Bored Ape Yacht Club (BAYC) is a prominent collection of 10,000 unique non-fungible tokens (NFTs) featuring algorithmically generated cartoon apes. Launched in April 2021 by Yuga Labs, these digital collectibles reside on the Ethereum blockchain and have become ...

A U.S. District Judge in California recently issued a judgment in favor of Yuga Labs, the creators of the popular Bored Ape Yacht Club (BAYC), against Ryder Ripps and Jeremy Cahen, awarding Yuga Labs over $1.5 million in damages. This significant legal victory came as a result of the court’s determi...

In a remarkable fusion of creativity and culture, the Bored Ape Yacht Club (BAYC) has joined forces with the iconic Japanese streetwear brand, A Bathing Ape (BAPE). The announcement of this extraordinary collaboration was made by Yuga Labs, the creators of Bored Apes, following a tantalizing teaser ...

Global pop superstar Justin Bieber has suffered a significant financial blow in the volatile world of non-fungible tokens (NFTs). Bieber’s investment in a Bored Ape Yacht Club (BAYC) NFT, initially valued at $1.3 million, has depreciated by over 95%, resulting in a staggering loss of approximately $...

The Bored Ape Yacht Club (BAYC), a prominent non-fungible token (NFT) collection, has been experiencing a decline in its dominance. In the past 90 days, the minimum value of BAYC NFTs has plummeted from 64 ETH to just above 37 ETH. Furthermore, the floor value of the Cryptopunks NFT collection has b...