Notes

ape nft
Bored-Ape NFT investors sue Bieber, Madonna over promotions Los Angeles Times

I came to a conclusion at that time it is probably going to be worthless crypto currencies and just this week Bankman Fried proved my theory. Unlike most other people impacted by the crypto/NFT crash, Bieber is unlikely to be too upset by his loss, given that he's worth around $200 million. Out of 88 total transactions, $6,443,320 in BAYC sales were recorded during the past seven days, according to cryptoslam.io stats.
Aronow, the son of boat tycoon Donald Aronow, has been documented as planning to attend an MFA program, before falling ill and becoming a cryptocurrency day trader. As BAYC "has made it clear that NFT holders have full commercialization rights to their ape," Bored Apes differ from other NFTs in that "whoever owns a Bored Ape can spin it into whatever film, music, TV, book, or media project they want." An NFT, or non-fungible token, is a one-of-a-kind digital asset that belongs to its owner and that person only.
NFT project during the run-up to the launch of the exchange's NFT marketplace. Meanwhile the central banks are stockpiling gold as I predicted. When the world economic forum said you will own nothing and be happy, I was like how will the Robinhoods of today steal from the poor and give to the rich on a mass scale?
The last thing you need to know is that NFTs can be traded, or sold for currencies such as US dollars, Bitcoin, or Ethereum. The last one is pretty important because NFTs are generally “minted” on the Ethereum blockchain. And get a daily digest of news, geek trivia, and our feature articles. But with the pandemic-era bull market cooling drastically this year, Apes of all varieties have cratered in price, leaving even their famous celebrity owners holding the bag. With a lot of Bored Apes pledged as collateral months ago when the floor price was significantly higher, loans could be liquidated if the market sees further downside. Non-fungible tokens have taken the crypto market by storm over recent years.
That’s as opposed to a dollar bill, which can be exchanged for any other dollar bill without changing anything about its value. But if a hacker gains access to someone’s private key, they can transfer out any cryptocurrency or NFTs, including Apes. Incidents involving Bored Apes have gained extra attention given their high value compared with other NFTs collections. It is also important to remember that BAYC and most of the other largest NFT collections are denominated in Ethereum, meaning not only is BAYC subject to the volatility of the floor price itself, but also the fluctuation of ETH’s price against U.S. dollars and other fiat currencies.
Capturing apes and turning them over to the lab will be rewarded. nft is the location where all experiments & testing is done. These experiments will alter the appearance and rarity of the apes captured for testing.
The complaint further details that MoonPay was started by Guy Oseary, a connected Hollywood talent agent who conspired with Yuga Labs to provide this intermediary. As noted, the "floor price" for the project -- what you'll pay for an ape with common traits -- is currently about $150,000 . Apes with the golden fur trait are rare, and so sell for much more.
“The general public hears about a celebrity paying money for a BAYC NFT, which in turn creates validation and a perceived value in the project itself,” says Dave Broome, CEO of Orange Comet, which has launched several NFT collections. For the NFT cognoscenti, owning a Bored Ape means more than just possessing a digital cartoon monkey—it’s a ticket granting the holder access to an exclusive membership club with perks like merchandise, parties and ApeCoins , among other things. In fact, we're giving 50% of all secondary sales to our holders. There will be a 10% royalty total on secondary sales and 5% will go back to the holders.
Oseary, who also represents Madonna, didn't immediately respond to a request for comment. Sign up for the California Politics newsletter to get exclusive analysis from our reporters. The four cryptocurrency fraud cases announced by federal prosecutors this week include the single largest NFT scheme charged to date. Also named in the BAYC complaint is FTX’s former head of commercial initiatives Amy Wu, who was on the board of Ape DAO, and served as a consultant and spokesman for the company.
Homepage: https://unitedceres.edu.sg/nfts-and-gas-fees/