LONDON : The company behind the"Bored Ape" series of NFTs has raised around $285 million worth of cryptocurrency by selling tokens which represent land in a virtual world game it says it is building.
They became one of the most prominent NFT brands, with Apes sold at top auction houses and owned by celebrities including Paris Hilton and Madonna. The"Otherdeeds" could only be bought using the project's associated cryptocurrency, called ApeCoin, which launched in March. It was not clear how the funds would be distributed, although the company said the ApeCoin would be"locked up" for one year.
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