Tag: Bored Ape Yacht Club

Bored Ape NFT Investors Suing Justin Bieber, Madonna, Paris Hilton
13Dec By adminNo Comments
Technology

Bored Ape NFT Investors Suing Justin Bieber, Madonna, Paris Hilton

[ad_1] The creator of the popular Bored Ape Yacht Club collection of NFTs and its promoters, including Madonna, Paris Hilton and Justin Bieber, were sued by investors. The creator of the popular Bored Ape Yacht Club collection of NFTs and its promoters, including Madonna, Paris Hilton and Justin Bieber, were sued by investors claiming they were duped into buying the collectibles by celebrities who didn't disclose they were paid to pump sales. Yuga Labs Inc., the blockchain start-up behind Bored Ape Yacht Club, Hollywood agent Guy Oseary and MoonPay USA LLC, a company controlled by Oseary, were accused in the proposed class-action lawsuit of leveraging their network of A-list musicians, athletes and celebrities to misleadingly promote and sell Yuga financial products. The “promoti...
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CoinShares Develops Twitter Bot to Track ‘Fair’ NFT Prices
14Oct By adminNo Comments
Technology

CoinShares Develops Twitter Bot to Track ‘Fair’ NFT Prices

[ad_1] CoinShares has spurned its usual diet of exchange-traded and capital markets products for a new project: a Twitter bot. CoinShares International Ltd, Europe's largest digital asset trading house, has spurned its usual diet of exchange-traded and capital markets products for a new project: a Twitter bot that can tell users the true price for a nonfungible token. Pricing for NFTs, unique digital collectibles ranging from pixelated artwork to plots of land in video games, is usually driven by how much hype the collection's creator has generated. Popular collections include Yuga Labs Inc.'s Bored Ape Yacht Club, Larva Labs' CryptoPunks and Otherdeed, which represents digital land created for Yuga Labs' virtual world Otherside. CoinShares said that since demand for NFTs decline...
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