Yuga Labs co-founder Greg Solana (Garga.eth) has debunked rumors that the creators of Bored Ape Yacht Membership (BAYC) have plans to launch a brand new NFT assortment dubbed Mecha Apes by the tip of the 12 months convey to market.

Rumors started swirling after Protos claimed to have acquired leaked paperwork exhibiting Yuga Labs needed to boost round $50 million from the sale of 100,000 tokenized heaps.

After the information was reported by numerous on-line channels, on September 16, Garga.eth tweeted that it was all “faux information”.

faux information https://t.co/KVMaO18IaF

— Garga.eth (@CryptoGarga) September 15, 2022

Whereas the rumors have been squashed as Yuga Labs has hit the ball out of the park with each undertaking it is launched so far and has outlined an expansive imaginative and prescient for its Metaverse, one other NFT undertaking from them would not appear to be sooner or later to be such a stretch.

Finally, Yuga Labs hopes to create an interoperable Metaverse ecosystem in Otherside that may embrace a digital place for folks to socialize, quite a lot of recreation modes with play-to-earn facets, and a hub for customers to search out necessary details about blockchain, NFTs and get the Metaverse.

Yuga Labs is valued at round $4 billion and so far the BAYC NFTs have generated greater than $2.4 billion in income whereas the Otherdeed NFTs for the Otherside Metaverse have generated greater than $1 billion introduced in {dollars}.

Budweiser toasts the merger

Well-liked beer maker Budweiser has teased a restricted run of beer cans with the corporate’s area identify Beer.eth Ethereum Title Service following the merger.

The corporate shared a photograph of a Budweiser can with “Beer.eth, king of NFTs” within the middle on Sept. 16 and tweeted, “This Bud’s for the Merge.”

This bud is for fusion. pic.twitter.com/pNRLlmsNMs

— Budweiser (@budweiserusa) September 15, 2022

Whereas the corporate did not present any additional particulars on the cans, it did initially create a choose quantity for its NFT Beer Fest occasion in March.

Requested by folks how they may pay money for the particular cans, the beer maker teased that they “may simply present up once more.”

The corporate initially purchased the Beer.eth area for practically $100,000 in August 2021 and has continued to function within the trade ever since, teaming up with NFT horse racing recreation Zed Run earlier this 12 months for Budweiser-branded racetracks and horses to develop.

NFT was minted on the final Ethereum PoW block

In accordance with information from Etherscan, somebody managed to mint an NFT on the final Ethereum Proof-of-Work (PoW) block earlier than the community switched to PoS.

The NFT in query was a VanityBlock token, the place the person paid 30.2 Ether (ETH) and a 1.3 ETH gasoline payment for minting, which was price round $46,500 on the time of writing.

This ACTUALLY occurred!

Somebody stuffed the final PoW block by minting a VanityBlock NFT!

They paid 30.2 ETH with a TX payment of 1.3 ETH for the privilege of breaking the 30 million gasoline restrict and creating the ultimate transaction!

Legendhttps://t.co/xCoMyJMTyv https://t.co/w2RiIprQoh pic.twitter.com/GmyF6ImlDP

— DeFiyst (@DeFiyst) September 15, 2022

The NFT has since been listed on the market on OpenSea and at the moment has a peak provide of 10 Wrapped ETH (WETH) price round $14,700.

VanityBlocks presents consumers the chance to personal a full tokenized block on Ethereum because it publishes transaction information on a full block. Solely 18 of those NFTs are listed on OpenSea, with costs beginning at round 1.1 ETH.

Regardless of the present bear market, the dearth of bidding motion appears shocking given the rarity of this particular NFT that closes the tip of Ethereum’s PoW historical past.

Associated: The Ethereum group wastes no time coining PoS NFTs proper after the merger

Funko makes use of NFTs to generate income: CEO

Andrew Perlmutter, CEO of collectible determine big Funko, has said that the corporate has gotten behind NFTs to satisfy the demand of youthful collectors who value digital items and property.

Thus far, the corporate has launched a number of Funko Pop NFT drops that includes well-liked characters from franchises like Avatar, Hey Arnold, and the Teenage Mutant Ninja Turtles.

Whereas Perlmutter admitted to Buyers.com on Sept. 15 that he isn’t properly versed in NFTs and blockchain, he understands that the youth are utterly immersed within the digital sphere.

“My children all the time need the newest Fortnite avatar pores and skin or weapon,” he mentioned, including that “the best way they see digital property is totally different from the best way we dinosaurs see them.” .”

“We knew that being within the NFT enterprise simply made sense for our model… It is folks amassing digital property,” Perlmutter concluded.

Different good information:

On Tuesday, well-liked NFT undertaking Doodles introduced it had raised $54 million at a valuation of $704 million in a Seven Seven Six-led funding spherical with participation from 10T Holdings, Acrew Capital and FTX Ventures.

Solana-based NFT market Magic Eden has staved off some group backlash after launching MetaShield, its new enforcement instrument aimed toward deterring NFT consumers who circumvent creator’s royalties.