Another day, another lawsuit. In early 2022, the Bored Ape Yacht Club was one of the most popular NFTs. Now, Yuga Labs — the Web3 firm behind the NFTs — has been hit with a class action lawsuit.
Dec 12, 2022
Producers behind your faves’ hit records have collaborated for a new music venture. Hit-Boy and James Fauntleroy — who have worked with the likes of Beyoncé, Jay-Z, and Rihanna — are the producers behind Bored Ape Rock Band Kingship’s album, Bloomberg reports.
Sep 12, 2022
A banger just dropped in the crypto world. Snoop Dogg has announced his next move, a Non-Fungible Token (NFT) mixtape in collaboration with Wiz Khalifa. “Dropped a mixtape w/ @wizkhalifa on tha blockchain tonite! Probably Nothing… #An8th,” Snoop Dogg wrote on Twitter. Dropped a mixtape w/ @wizkhalifa on tha blockchain tonite! Probably Nothing… #An8th ▶️ https://t.co/ogylEHmHbi pic.twitter.com/ye1Ei2uYA8 — Snoop Dogg (@SnoopDogg) March 24, 2022 Titled Ape Drops 03 : An 8th, the mixtape features eights tracks with star-studded appearances from Daz Dillinger, Xzibit, Juicy Jay, and Mr. Cap, according to the company website. The mixtape theme is inspired by ApeCoin (APE) and Bored Ape Yacht Club (BAYC), AllHipHop reports. Ape Drops 03 : An 8th features nearly 8,000 NFTs priced between 12 APE to 15 APE or $165 to $210 based on the current exchange rate, Coingape reports. Interested holders can listen to each track before securing it through BAYC’s APE token. The mixtape will only be...
Mar 25, 2022
Bored Ape Yacht Club non-fungible tokens (NFTs) have become popular in the Hip-Hop community. Throughout 2021, AfroTech shared reports on Timbaland, Lil Baby, and Future being fans of the collection. Recently, a few artists have invested in Yuga Labs — the Web3 firm behind Bored Ape. Snoop Dogg, Timbaland, and Gunna were a part of a $450 million seed funding round — led by a16z crypto — according to Music Business Worldwide. Other investors included Animoca Brands, The Sandbox, LionTree, Sound Ventures, Thrive Capital, FTX, MoonPay, Samsung, and more. The funding reportedly brought Yuga Labs’ valuation to $4 billion. “Yuga Labs has quickly become a web3 culture, gaming, and entertainment empire,” said Chris Lyons, general partner at a16z crypto, in a press release. “Mainstream adoption in web3 is accelerating at lightning speed, and Yuga is at the forefront of merging culture and innovation for everyone to enter the metaverse. We’re thrilled to invest in this brilliant team and...
Mar 23, 2022
It looks like this lucky non-fungible token (NFT) buyer may have scored big time. According to BBC News, the Bored Ape Yacht Club limited NFT sold for a little more than $3,000, about one-hundredth of its normal market price. The owner of the Bored Ape number 3,547 made quite the mistake after listing the item for sale online at such a low cost.
Dec 15, 2021
The rise of non-fungible tokens (NFTs) and the metaverse are some of the biggest tech phenomenons of the year, and quite arguably some of the most notable innovations since the internet hit society. People may still be coming to terms with what NFTs are, but put more simply, NFTS are blockchain-backed certificates that guarantee the authenticity of a piece of digital media. Look what Jack Dorsey did with his first tweet, which sold as an NFT for $2.9 million. But NFT ownership doesn’t just belong to the big spenders — learn how to mint your first NFT in this recent story Afrotech published. Some experts have also expressed skepticism about the rise and sustainability of NFTs, but for now, they seem promising. As the year winds down and the NFT craze continues to consume the tech industry, check out these NFT collections and projects we’ve been watching.
Dec 13, 2021
If you visit the Twitter profile page of Hip-Hop rapper Future, you’ll be in for a surprise as the current image has been replaced with a non-fungible token (NFT) of a yawning gray-fur ape sporting a captain’s cap and a red robe. For those wondering about the image displayed on his avi, Future is solidifying his allegiance to the Bored Ape Yacht Club (BAYC) NFT by purchasing BAYC #4672 for 49 ETH ($200,000).
Nov 29, 2021
Timbaland is continuing to thrive in the intersection of music and technology with his latest venture. AfroTech previously shared that the legendary producer launched his first music non-fungible token (NFT) collection in November 2021. Now, he has partnered with the owners of Bored Ape Yacht Club (BAYC), an NFT collection with celebrity collectors such as Stephen Curry, Lil Baby, Snoop Dogg and more. Timbaland and BAYC have teamed up to launch Ape-In Productions (AIP) — a metaverse-based entertainment company that aims to discover and amplify artists that are Bored Ape owners, according to a press release provided to AfroTech. Timbaland, his company Beatclub — a global marketplace for music creators — and other creators will develop music for the music company’s first set of releases. According to the press release, the AIP’s roster will feature a select group of Bored Apes who will release original music and animation in the metaverse as NFTs. AIP aims for its artists to reclaim...
Nov 16, 2021
Lil Baby is one of the latest celebrities to snag a high-end non-fungible token (NFT). Currently, the Atlanta rapper’s Twitter avatar is an NFT from the Bored Ape Yacht Club — one of the most highly sought-after collections. His NFT is named Bored Ape #129, and its unique traits include pink fur, a blue bonnet and a white tank top. It also appears that Lil Baby’s Bored Ape has gotten a makeover. A Bored Ape affiliate account named New Mutant Apes tweeted, “Bored Ape #129 just dabbed an M2 serum and altered into Mutant Ape #10259.” I mutated my ape ! Shoutout @MoonPayHQ @BoredApeYC pic.twitter.com/Gf8a1wEFrw — Lil Baby (@lilbaby4PF) November 4, 2021 Bored Ape #129 was purchased on the NFT marketplace OpenSea for 37.99 Ethereum (ETH), which equates to over $170,000, according to a TikTok posted by Mona_Vinci. According to the TikToker, the NFT was purchased for Lil Baby by an account owned by MoonPay, a platform for buying and selling cryptocurrencies and digital assets. The user also...
Nov 4, 2021
Announcements of pro-athletes entering into the non-fungible token (NFT) space have been storming in during the month of August including Cleveland Browns’ Odell Beckham Jr. and tennis player Naomi Osaka. Now, Stephen Curry is one of the latest to get his hands on an exclusive NFT. According to Hypebeast, the basketball superstar purchased a Bored Ape Yacht Club NFT for 55 ETH which equates to $180,000 USD. When it comes to the discussion of highly sought-after NFTs, the Bored Ape Yacht Club is a part of the conversation with its limited collection of 10,000 Bored Ape digital collectibles on the ethereum (ETH) blockchain. Hypebeast reported that the NFTs were initially selling for 0.68 ETH back in May. Now, they are 1,500 ETH ($4.8 million USD). Along with the increase of worth, Bored Ape Yacht Club shook up the market after 10,000 Mutant Apes NFTs were sold out in an hour on Aug. 28 — racking in $96 million. According to Bored Ape Yacht Club’s website, Bored Apes are...
Aug 30, 2021