What’s in store for APE with Yuga Labs and its latest NFT acquisition

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Yuga announced the acquisition of WENEWS, creator of 10KTF 10KTF saw its sales volume increase as a result of the announcement While the Bored Ape Yacht Club [BAYC] collection is perhaps what brings Yuga Labs the most attention, the company’s recent actions hinted towards other plans. In early 2022, Yuga Labs bought Crypto Punks, another popular […]

Winkelmann, another co-founder well-known for his 1:1 art collections, would be working with the Yuga team as an advisor.With the help of a fictional “digital craftsman” named Wagmi-san, owners of Profile Picture projects can have their own Non-Fungible Token artwork customized with clothing designed just for the project. This NFT project, known as 10KTF, is story-driven. Furthermore, those who own PFP artwork can also have the physical version created for them.

The number of sales of the 10KTF showed an increasing trend after the announcement by Yuga Labs, according togathered from NonFungible. Looking at the sales graph revealed that 43 sales amounted to just over $16,000. This number was the most that had ever been recorded until the announcement on 14 November. The amount increased to 695, valued at more than $400,000. The number of sales had surpassed 700 at the time of this writing.

 

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