Today was a very exciting day in the NFT industry after a weekend in which Bored Apes and Mutant Apes surged in both price and popularity. A Great guide on how to create NFTs hit the tape today, and Timberland announced the launch of an all-Ape rap group. Here’s what’s happening:
How to Create an NFT
NFTs are soaring in popularity with major brands, big time celebrities, and sports legends jumping into the industry. At the same time, these digital assets are giving artists a path to success that was never available in the past.
As a result, there’s been a surge of searches on Google and other search engines for “How to Create an NFT.”
You might be surprised at just how easy it is to create your own collection. In fact, all you need to do is turn your artwork into a digital file by taking a picture, scanning your art into your computer, or simply creating digital works. Once you’ve decided what you’d like to turn into an NFT and digitized it, you’ll want a crypto wallet funded with ethereum and an OpenSea marketplace account and you’ll be ready to go.
In fact, the entire process from art development to setting your art on the marketplace for sale is only a five-step process. Even kids can do it, and many have made millions of dollars in the process. Click the link above to figure out just how easy it is!
Bored Ape NFTs Surge in Price and Popularity
If you’re into NFTs in any capacity, whether you’re a mainstream investor or you’re just starting to dive into the industry, chances are that you’ve heard of the Bored Apes Yacht Club. The NFT collection is made up of 10,000 cartoon apes, each with different backgrounds, fur colors, hats, glasses, other accessories, and facial expressions.
Since their introduction to the community, these cartoon apes have skyrocketed in value, now commanding more than $100,000 worth of Ethereum if you want to own one of these limited-edition collectibles.
As if the collection wasn’t successful enough, it grew in price and popularity dramatically over the weekend.
Don't Miss the Next Big Story
In fact, on Saturday alone, volume of Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs was up 900% and 1,100%, respectively. So, what’s with all the hype? Apes have been featured everywhere, from billboards to the sides of busses in New York City. At the same time, Universal Music recently signed a supergroup made up of four Bored Apes. That’s right, there’s no human musicians in the band, they’re all NFTs.
Timbaland Unites With Bored Ape Yacht Club Owners to Form Artist-Owned Ape-In Productions
Timbaland is no stranger to music and entertainment. The multi-platinum producer is the man behind hits like Give it to Me, SexyBack, and Promiscuous, just to name a few. Well, it looks like the Grammy-winning producer is taking music to the next level yet again.
According to Variety, Timbaland recently announced his latest partnership and venture, known as Ape-In Productions, or AIP.
The new venture is a virtual company that will launch and promote Bored Apes as successful music artists in the metaverse, a virtual world that caters to NFT and Web3 enthusiasts. According to the article, Timbaland has acquired his own Bored Ape NFT and his partners “plan on disrupting the music business again with this new venture similar to how Verzuz and Beatclub have.”
In a statement, Timbaland had the following to offer:
“We’ve built a new entertainment platform in the metaverse that puts creative control and long-term ownership back in the hands of artists, a concept that is incredibly important to us.”
Chiliz (CHZ) gains 170% after launching live in-game NFTs for fan token holders
This article on CoinTelegraph is yet another great read. The article is centered around the fact that Chiliz recently launched live in-game NFTs for fan token holders. As a result of the announcement, Chiliz rocketed 170% in value.
Chiliz is a project that was developed in an attempt to help sports fans interact with their favorite teams. In fact, it’s the blockchain network behind the Socios.com fan engagement platform. The author of the article pointed to a few reasons for the solid growth, including expanding sports partnerships, the release of fan tokens, and a rapidly expanding ecosystem.
However, the biggest recent catalyst was the launch of in-game NFTs.
The first official drop took place during a match between A.C. Milan and A.S. Roma. The collection is made up fo NFTs that are minted live, while the match is taking place, highlighting key moments of that match. This is an interesting project that’s sure to gain further awareness.
Toy Companies Hasbro, Funko, and Mattel Turn to Wax As Trusted Partner to Disrupt NFT Ecosystem
Finally, this article on BlockTelegraph points to the fact that Wax, or the Worldwide Asset Exchange, is beginning to pick up serious steam. The big three brands in toys, Hasbro, Funko, and Mattel, have all decided to partner with the platform for the launches of their own NFts.
Not to mention, the exchange has also partnered with the owners of other well-known intellectual property like SAW, The Princess Bride, and Blade Runner. Not to mention, there have been multiple successes on the platform, including Topps, Capcom, and many others.
All told, for a relatively new player in the blockchain environment, Wax is becoming a major player very quickly.
The Bottom Line
The bottom line here is that there’s never a dull moment in the world of NFTs. Come back tomorrow for the latest and greatest news from the industry!