The lawsuits keep coming for Yuga Labs. The latest is a class action against the Bored Ape Yacht Club creators for using A-list celebrities to promote their creations. They are accused of using these influential figures to mislead their followers by shilling “losing investments at drastically inflated prices.” An excerpt of the complaint filed on … Read more
Things are not looking so rosy for Yuga Labs, Inc., the company behind popular NFT collections. The company is under investigation by Scott+Scott Attorneys at Law LLP following the crash of its assets over the past few months. Yuga Labs, Inc. is behind 5 of the top 6 NFT collections by market cap. These include … Read more
Yuga Labs’ much-anticipated metaverse gaming system, Otherside, is open for business. Just about. Last weekend, the creators of Bored Ape Yacht Club (BAYC) invited 4,300 ‘Voyagers’ or players to a tech demo and tour of the interactive online platform. All Otherside users will have to go on either the Bored Ape guided tour or view … Read more
Bored Ape Yacht Club burst onto the scene in April 2021 with a collection of 10,000 non-fungible token (NFT) avatars minted on the Ethereum blockchain. The Apes attracted high-profile celebrities and rode the crest of a crypto wave. Since then, their founding collection has sky-rocketed to the moon, with the current floor price for a … Read more
The NFT Land sale conducted by Yuga Labs might have been the biggest ever sale on the blockchain. With 55,000 Otherseeds (NFTs) available for sale, it has broken all the records for fastest sale and the highest number of Ethereum burned. It became so phenomenal that the blockchain network practically crashed. Not literally, but it … Read more
The recent NFT collection launched by Yuga Labs for its upcoming Bored Ape metaverse Otherside caused the Ethereum blockchain to collapse, and many users aren’t happy about it. Yuga Labs is expanding its frontiers. Yuga Labs is one of the most popular names in the NFT space. The blockchain startup is the maker of the … Read more
Bored Ape Yacht Club (BAYC) creator, Yuga Labs, broke the internet over the weekend after its hotly anticipated NFT drop raked in over $310 million. More details during this piece The Largest Mint In NFT History Yuga Labs, creators of high-profile NFT Bored Ape Yacht Club (BAYC), minted its first round of Otherdeeds NFT on … Read more
Earlier this week, Yuga Labs, the company behind BAYC and some of the most successful NFT projects, announced its latest round of funding. Yuga Labs: Long-term Development Yuga Labs is the most successful NFT Company – at least for now. The company owns three of the most recognizable and lucrative NFT brands. Earlier this week, … Read more
