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2023 Underground Art Market Report

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Category: NFTs

NFT Insider Trading? Moonbirds Sales Spiked Before Yuga Deal Was Official

Prices and trading volume for Ethereum NFT collection Moonbirds rose sharply Friday afternoon, following the announcement that Bored Ape Yacht Club maker Yuga Labs had acquired the IP for the collection alongside creator Proof. But sizable spikes in the last couple days have fueled speculation …

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February 16, 2024February 17, 2024 By AdsmithBroker

Yuga Labs Acquires PROOF and Moonbirds NFT

Yuga Labs, the entity behind the Bored Ape Yacht Club and the Otherworld metaverse, has acquired all assets belonging to the PROOF collective, encompassing the well-known Moonbirds NFT collection. The purchase aligns with Yuga’s vision to lead web3 adoption. PROOF’s team, intellectual property, and artwork …

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February 16, 2024February 17, 2024 By AdsmithBroker

Bored Ape Yacht Club Creator Yuga Labs Acquires Rival NFT Company Proof

Yuga Labs, the web3 and lifestyle company behind the Bored Ape Yacht Club, recently announced it had acquired rival non-fungible token creator Proof. Proof is best known for Moonbirds, a collection of NFT profile pics known as PFPs. The Proof acquisition includes its team, intellectual …

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February 16, 2024February 17, 2024 By AdsmithBroker

Donald Trump Cashes in Millions from NFT Ether Stash

According to Benzinga’s report, Former President Donald Trump has uploaded over 1000 ETH tokens worth around $2.4 million from his NFT project over the past few weeks. This discovery was revealed by Arkham Intelligence. The lucrative crypto haul stems from Trump’s NFT trading card collection …

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February 16, 2024February 17, 2024 By AdsmithBroker

NFTs In Business? Here Is Why They Make Your Company Stand Out | The Bronx Daily

Before the pandemic, NFTs boomed on the crypto market and have since been adopted by numerous companies to appeal to the demand. The fashion industry took advantage of this new engaging strategy and introduced it within the sector through Augmented reality clothing, Metaverse fashion shows …

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February 16, 2024February 16, 2024 By AdsmithBroker

Yuga Labs Expands Its Web3 Empire: A Strategic Acquisition of PROOF | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art

In a significant move that underscores the dynamic evolution of the web3 landscape, Yuga Labs, the powerhouse behind iconic NFT collections such as the Bored Ape Yacht Club and Otherside, has announced its acquisition of PROOF, a key player known for the PROOF Collective, Moonbirds, …

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February 16, 2024February 16, 2024 By AdsmithBroker

Bored Ape Creator Yuga Labs Acquires Moonbirds NFT Startup Proof

Bored Ape Yacht Club creator Yuga Labs has acquired Proof, the NFT startup behind the Moonbirds collection and the Proof Collective membership program, the company announced Friday. According to Yuga Labs, the company has completely acquired Proof and all of its properties, including Moonbirds, Oddities, …

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February 16, 2024February 16, 2024 By AdsmithBroker

Bored Apes’ creator Yuga Labs acquires Proof, takes over Moonbirds NFT brand

Yuga Labs, arguably the biggest NFT studio in the industry, is getting even bigger. The company announced it has acquired rival non-fungible token creator Proof, which is best known for its Moonbirds collection. “As a company committed to championing art, culture, and community on the …

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February 16, 2024February 16, 2024 By AdsmithBroker

Coinbase Tokenizes Financial Earnings Record as NFT

Story Highlights Coinbase’s financial earnings are now mintable as NFTs The firm just pioneered a one of its kind tokenization move This precedent might trigger related moves from Web3 firms In a new innovative development, American cryptocurrency exchange Coinbase has created the released Q4 earnings …

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February 16, 2024February 16, 2024 By AdsmithBroker

SuperRare to Participate in NFT Paris in Paris on February 23rd

Coindar SuperRare is set to host a public exhibition showcase in Paris. The event, which is in collaboration with IHAM gallery Paris, is scheduled to take place during NFT Paris. The showcase is slated for February 23rd, from 6-9 pm UTC. Refer to the official …

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February 16, 2024February 16, 2024 By AdsmithBroker

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