Seven days that changed the NFT landscape is our topic today. The catalyst was none other than Bored Ape Yacht Club (BAYC). Skot Leach and Creataorious Rex discuss Ape Coin and its gift of $30,000 to $150,000 in immediately liquid value to Ape and Mutant holders. We also review the price action at $15 and how it is holding up. But that wasn’t all on the coin front. BAYC has also created a DAO with rights granted to Ape Coin holders.
However, Ape Coin was just one of the stories from BAYC over the past week. The big news cycle began with the announcement that BAYC parent organization Yuga Labs was acquiring that other ultra premium NFT profile picture (PFP) project Cryptopunks from Larva Labs. That acquisition was accompanied by the historically important Meebits collection. The deal was immediately followed by Yuga labs offering new rights to the Punk and Meebits owners.
The ApeVerse and Roadmap Leak
Where are Ape holders going to spend all of those coins? A Bored Ape hosted metaverse of course. That was news from the leak of a BAYC fund raising document that was circulating around the venture capital community. Skot has some thoughts about how this might play out. C-Rex discusses the economic model that the land sale in the new metaverse space will employ.
BAYC wasn’t the only source of news this past week. HSBC is bringing banking to The Sandbox because, of course, we needed a “too big to fail” Web2 financial institution in a leading Web3 space. And, we touch on the new project from The Walking Dead. CreatoriousRex and Skot Leach go through news, market data, projects, brand moves, and more each week to offer an insider’s view on NFTs, metaverse, and the shift to Web3.
- 0:00 Introduction
- 2:09 Niftorian NFT Artist Accelerator Update
- 4:52 Bored Ape Ownership Update
- 8:13 $APE Tokens!
- 17:02 Animoca Brands Adopts ApeCoin
- 21:03 Why BAYC Needs KYC
- 32:42 A Possible Merch Drop on the BAYC Roadmap?
- 38:45 #Apein In at a Lower Price Point
- 45:46 Yugalabs Acquires Crypto Punks and Meebits
- 54:45 Are CrypToadz the New Punks
- 59:29 Top 10 NFT Sales in Feb 2022
- 1:00:00 Vox x Walking Dead Collab
- 1:03:17 HSBC x The Sandbox Sports Play