Yuga Labs Co-Founder Denies Rumors of New 'Mecha Apes' NFT Collection
Yuga Labs Co-Founder Denies 'Mecha Apes' NFT Collection Rumors
Greg Solana, co-founder of Yuga Labs and known as Garga.eth, has dismissed rumors about the Bored Ape Yacht Club (BAYC) team launching a new NFT collection called "Mecha Apes" by the end of the year.
Origins of the Rumors
The speculation began after Protos reported obtaining leaked documents suggesting Yuga Labs was planning to raise approximately $50 million through the sale of 100,000 tokenized land plots. These rumors sparked widespread discussion in the NFT community.
Other NFT News
- Budweiser celebrated the Ethereum Merge by minting an NFT on the last Ethereum PoW block.
- Funko, a leading pop culture consumer products company, is leveraging NFTs to boost revenue, according to its CEO.
These developments highlight the growing integration of NFTs across industries, from blockchain milestones to consumer products.
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