Era Labs co-founder Greg Solana, or Garga, has dismissed rumors that the creators of Bored Ape Yacht Club (BAYC) plan to launch a new non-fungible token (NFT) collection called Mecha Ape by the end of the year. .

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Rumors began to swirl after Protos claimed to have obtained leaked documents which suggested that Era Labs was looking at raising approximately $50 million from the sale of 100,000 tokenized land plots.

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After the news was reported through various outlets online, Garga.eth noted that it was “fake news” via Twitter on Friday.

While the rumors have been debunked, given that Era Labs has hit the ball out of the park with every project it’s launched so far, and that it has outlined a broader vision for its metaverse, the future I don’t have another NFT project from them seems like a stretch.

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Ultimately, Era Labs hopes to create, among other things, an interoperable metaverse ecosystem that includes a virtual space for people to socialize, a host of game modes with play-to-earn aspects and to gain critical learning on blockchain, NFTs and A center for users is included. Metaverse.

Era Labs is valued at approximately $4 billion, and to date, BAYC NFTs have generated more than $2.4 billion in sales, while Otherdeed NFTs for Otherside Metaverse have received over $1 billion.

Budweiser Shares a Toast to the Merge

Beloved beer maker Budweiser has teased a limited run of beer cans featuring the firm’s Beer.eth Ethereum Name Service (ENS) domain name following the merger.

Sharing a photo of a Budweiser may feature the “King of NFTs Beer.eth” at the center on Friday, the firm tweeted that “This is Buds for the Merge.”

Although the firm did not provide any further details on the cans, it initially made a select number for its NFT Beer Fest event in March.

When asked by people how they could get their hands on the special cans, the beer maker teased that they “might just make another appearance.”

The firm initially purchased the Beer.eth domain in August 2021 for approximately $100,000 and has since continued to engage with the region, partnering with the NFT horse racing game Zed Run earlier this year for the Budweiser brand race track and horse ready have done.

NFT mined on the last Ethereum PoW block

According to data from Etherscan, someone managed to create an NFT on the last Ethereum proof-of-work (PoW) block before the network switched to Proof-of-Stake (PoS).

The NFT in question was a VanityBlock token in which users paid a 30.2 ether (ETH) and 1.3 ETH gas fee to the mint, which at the time of writing was worth approximately $46,500.

The NFT has since been put up for sale on OpenSea, and is currently the highest offering of 10 Wrapped Ether (wETH), which costs around $14,700.

VanityBlock gives buyers the opportunity to own a full token block on Ethereum, as it publishes transactional data on the entire block. There are only 18 of these NFTs listed on OpenSea, with prices starting around 1.1 ETH.

Despite the current bear market, the lack of bid action seems surprising given the rarity of this specific NFT that closed the end of Ethereum’s PoW history.

Ethereum Community Wastes No Time Finding PoS NFTs Right After Merge

Funko is using NFTs to increase revenue: CEO

Andrew Perlmutter, CEO of collectible figure behemoth Funko, has outlined that the firm has overtaken NFTs to meet demand from young collectors who value digital goods and assets.

So far, the firm has released several Funko Pop NXT drops featuring beloved characters from the franchise such as Avatar, Hey Arnold and Teenage Mutant Ninja Turtles.

while perlmutter accepted He told on Thursday that he doesn’t have a good knowledge of NFTs and Blockchain, he understands that the youth has completely moved into the digital space.

“My kids have always wanted the latest Fortnite avatar skin or a gun,” he said, “so the way they look at digital assets is different from the way we dinosaurs see them.”

Perlmutter concluded, “We knew it made sense for our brand to be in the NFT business… these people are collecting digital assets.”

Other Nifty News

On Tuesday, popular NFT project Doodles announced that it had raised $54 million at a $704 million valuation in a funding round led by Seven Seven Six, with participation from 10T Holdings, Acre Capital and FTX Ventures.

Solana-based NFT marketplace Magic Eden has faced some community backlash following the launch of MetaShield, its new enforcement tool aimed at preventing NFT buyers who bypass creator royalties.