Rumors of a new Yuga Labs range have been cleared, Budweiser celebrated the merger and more…



Yuga Labs co-founder Greg Solana (Garga.eth) has dismissed rumors that creators of the Bored Ape Yacht Club (BAYC) have plans to launch a new NFT collection called “Mecha Apes” by the end of the year.

The rumors started circulating after Brutus claimed it had obtained leaked documents detailing that Yuga Labs was looking to raise about $50 million from the sale of 100,000 token plots.

After the news was reported via various online outlets, Garga.eth indicated it was all “fake news” via Twitter on September 16.

While the rumors have been quashed, since Yuga Labs has hit the ball out of the park with every project launched thus far, and has set a broad vision for the Metaverse, another NFT project of them in the future doesn’t seem like such a stretch.

Ultimately, Yuga Labs hopes to create an interoperable Metaverse system in another city that includes a virtual place for people to socialize, a set of game modes with Play-to-Earn aspects, and a hub for users to receive basic education on blockchain, NFTs, and metaverses.

Yuga Labs is rated all over the Huge 4 billion dollarsTo date, BAYC NFTs have generated more than $2.4 billion in sales, while Otherdeed NFTs for the Otherside Metaverse have brought in more than $1 billion.

Budweiser shares a toast to fusion

Beer maker Budweiser has teased a limited set of beer cans that feature the company’s post-merger Beer.eth Ethereum Name Service domain name.

Sharing an image of a Budweiser box showing “Beer.eth the king of NFTs” in the middle on September 16, the company tweeted “This Bud’s for the Merge.”

Although the company didn’t provide any further details on the cans, it initially created a specific number for the NFT Beer Fest event in March.

When asking people how to get their hands on special cans, the brewer quipped that they “might appear again.”

The company at the beginning Bought a domain Beer.eth for nearly $100,000 in August 2021, and has continued to be involved in the sector ever since, in association with Horse Racing NFT Zed Run Earlier this year to establish Budweiser racetracks and horses.

NFT minted in the last Ethereum PoW . block

According to data from Etherscan, someone managed to issue an NFT in the final Proof of Work (PoW) block before the network switched over to PoS.

The NFT in question was the VanityBlock token in which the user paid 30.2 Ether (ETH) and 1.3 ETH gas fees to the mint, worth approximately $46,500 at the time of writing.

Since then it has been NFT state On sale on OpenSea, it currently has the highest bid of 10 Wrapped ETH (WETH) valued at approximately $14,700.

VanityBlocks offers buyers an opportunity to own an entire token block on Ethereum, as it publishes transaction data on the entire block. There are only 18 of these NFTs listed on OpenSea, with prices starting at around 1.1 ETH.

Despite the current bear market, the lack of bidding seems surprising given the dearth of specific NFTs that expire at the end of the Ethereum Proof of Work date.

Related: The Ethereum community wastes no time minting PoS NFTs right after the merge

Funko uses NFTs to generate significant revenue: CEO

Andrew Perlmutter, CEO of collectible form Funko, explained that the company stands behind NFTs to meet demand from younger collectors who value digital goods and assets.

To date, the company has released several Funko Pop NFT drops featuring beloved characters from franchises such as Avatar, Hey Arnold, and Teenage Mutant Ninja Turtles.

While Perlmutter He confessed Investors.com reported on Sept. 15 that he is not well versed in NFTs and blockchain, knowing that young people are completely overwhelmed by the digital sphere.

“My kids always want the latest look or feel of a Fortnite avatar,” he said, adding that “the way they view digital assets is different from the way we dinosaurs view them.”

“We knew it made sense for our brand to be in the NFT business… people are the ones who collect digital assets,” Perlmutter concluded.

Other Nifty news:

On Tuesday, the popular NFT project’s doodles announced that You raised 54 million dollars worth $704 million in a funding round led by Seven Seven Six, with the participation of 10T Holdings, Acrew Capital and FTX Ventures.

Magic Eden, a Solana-based NFT Marketplace, has turned some things off community reaction Following the launch of MetaShield, its new enforcement tool aims to deter NFT buyers who infringe on creators’ property rights.