NFTs & DeFi 🗓

🖼 BAYC Creator Yuga Labs Offloaded 2 NFT Games To Faraway Yuga Labs, creator of the Bored Ape Yacht Club (BAYC) NFT collection, has announced the sale of the intellectual property rights for two of its games. This move is part of Yuga Labs’ previously declared commitment to refocus its organizational efforts. In an April 17 announcement on X, Yuga Labs revealed the decision to transfer the IP rights of HV-MTL and Legends of the Mara to Faraway. Source NFTs | DeFi | News

🖼 SBI Group to Unveil NFTs on XRP Ledger for World Expo 2025 in Japan Japan’s SBI Group has announced plans to issue non-fungible tokens (NFTs) on the XRP Ledger for the upcoming World Expo 2025 in Osaka. SBI Group is a financial service conglomerate based in Japan. Using Ripple’s XRP Ledger, SBI will create and distribute visitor NFTs featuring MYAKU-MYAKU, the official character of the Expo. Attendees can obtain these digital collectibles by participating in Expo activities and utilizing the Expo mobile app. Source NFTs | DeFi | News

🖼 CyberKongz Bitcoin NFTs Near $5M Market Cap Under 24 Hours CyberKongz began airdropping its first batch of Bitcoin NFTs yesterday—strategically ahead of tomorrow’s Runes Protocol debut and the Bitcoin Halving event. The NFT project dubbed ‘Prometheans’ aims to release 21,000 assets across 16 different batches. To date, 8,400 NFTs have been airdropped to 20 leading Ordinals communities and 1,200 CyberKongz holders on the Ethereum blockchain. Source NFTs | DeFi | News

🖼 Bored Ape Creator Yuga Labs Just Offloaded NFT Games to Sharpen Focus on 'Otherside' Yuga Labs, the startup behind the Creator of Bored Ape Yacht Club (BAYC), has sold two of its gaming IPs to Web3 gaming studio Faraway—a development team that has been working closely with Yuga since last year. Both HV-MTL and Legends of the Mara have been acquired by Faraway, along with associated NFT collections. Faraway is also adding Yuga Labs’ Chief Gaming Officer Spencer Tucker as its new Chief Product Officer to help maintain continuity as the games continue on under a new company. Source NFTs | DeFi | News

🖼 'Guy Explaining' Nightclub Meme to Be Sold as Ethereum NFT A popular meme photo of a guy at a club yelling into a girl's ear—about something that she doesn't appear to be into—is going up for auction as an Ethereum NFT on Foundation. “Milk Edinburgh” received its name from the nightclub where it was taken—Milk, in Edinburgh Scotland. The picture was originally shared around the internet with a watermark of the club's moniker on it, which is why the name stuck, and it’s since been widely used as an example of a “guy explaining” or “mansplaining.” Source NFTs | DeFi | News

🔫 Meta Shift Focus From Gaming to an Education Metaverse The announcement marks a significant step towards integrating virtual reality (VR) technology into educational environments. Let’s discover more about this important news for Meta. Meta’s Quest virtual reality (VR) headsets are one of the top XR headsets on the market. The company’s expansion into education signifies a growing trend towards immersive learning experiences. Meta is reportedly in pole position to dominate the VR sector, which has recorded a whopping 27.3% annual growth since 2020. Source NFTs | DeFi | News

🖼 Quantum Temple Promotes Regenerative Tourism Through NFTs Quantum Temple, a web3 startup for immersive cultural travel, aims to transform the travel industry by offering authentic and regenerative tourism through NFT-enabled experiences. By partnering with the Indonesian Ministry of Tourism and Creative Economy, Desa Manukaya Let, and Mysten Labs, Quantum Temple has recently introduced their first ever web3-enabled travel experience at the UNESCO World Heritage Site, allowing tourists to explore Bali’s water heritage and participate in traditional rituals. Source NFTs | DeFi | News

🖼 Bored Apes' floor price hits lowest point since 2021, down more than 90% from all-time high Bored Ape Yacht Club NFTs may have hit more than a rough patch as the floor price for the once-celebrated collection hit its lowest point since August 2021. As of Monday, the floor price on Bored Ape NFTs sank to 10.9 ether (about $34,000), according to NFT Price Floor data. The NFTs' floor price has not been that low since early August 2021, when it hit 9.5 ether, also according to the NFT data site. Yuga Labs, the creator of the Bored Ape Yacht Club, or BAYC, collection declined to comment. Source NFTs | DeFi | News

🖼 Adidas Releasing $2,500 Solana NFT Sneakers in Move-to-Earn Game 'Stepn' Move-to-earn game Stepn announced the launch of a collaborative NFT collection with titan sportswear brand Adidas on Monday, with plans to bring Solana NFT sneakers from the brand into the fitness-focused game. The Stepn x Adidas Genesis Sneakers collection is the first in a series of “co-branded activities” between the two companies. In a year-long partnership, the collaboration will see more NFTs dropped as well as physical items. Source NFTs | DeFi | News

🖼 Gamma introduces FUKU NFT collection on Bitcoin Gamma has introduced the FUKU NFT collection on Bitcoin, which contains 1,000 exclusive NFTs boosted by Gamma’s advanced technology. These are inscribed straight on the Bitcoin blockchain. This was divulged at HappyFace World head office in Las Vegas, Nevada. The deliverance occurred when there was an incredible increase in NFT sales, witnessing a 46.8% jump compared to the previous week, amounting to $289 million. The increase is attributed to the jump of Bitcoin Ordinals, a new sort of NFT gaining ground in cryptocurrency. Source NFTs | DeFi | News