NFT sales decline ahead of Christmas

    NFT sales volumes fell in the lead-up to Christmas in 2022 as well as in 2021.  Meanwhile, Yuga Labs’s Bored Ape Yacht Club’s floor price increased ahead of the holiday. For the second year in a row, NFT sales have dipped leading up to Christmas. NFT trading volume fell from over $24 million on Dec….

    Yuga Labs releases a ‘starter guide’ for the Otherside metaverse

    Yuga Labs, a creator of Bored Ape Yacht Club (BAYC), released the litepaper for its Otherside, a “starter guide” to its “world-building metaverse platform,” which is in development with software company Improbable. The document supports open development, user-generated content, and interoperability in its online world. On Saturday, NFT giant Yuga Labs set out its vision…

    Bored Ape Yacht Club suggests its own 3D metaverse amid ApeCoin adoption

    Since the launch of ApeCoin (APE) on March 17, it has gone on to become the most traded token among Ethereum whales. Now, the BAYC trailer posted to social media hints at a 3D gaming metaverse powered by Animoca, while TIME Magazine and other prominent firms will soon begin accepting ApeCoin as payment. Yuga Labs…