In the ever-evolving world of NFTs and blockchain technology, a new milestone has been reached with the launch of Serum City, a city-building game that ingeniously integrates NFT assets from the prestigious Yuga Labs’ Mutant Ape Yacht Club, along with other noteworthy collections. This game represents not just a leap in NFT utilization but a bridge connecting diverse digital asset communities under a singular, engaging platform.

A Collaborative Endeavor: Novel Labs and Faraway

Crafted by the innovative minds at Novel Labs and Faraway, Serum City was initially unveiled last April, stirring excitement within the NFT community. With the first season now rolling out, those holding the coveted Serum City NFT pass are at the forefront of experiencing this unique blend of gaming and digital collectibles.

Access to this digital metropolis is exclusive, reserved for holders of NFTs from select collections such as Mutant Hounds, Mutant Cartel, Bored Ape Yacht Club, and the Mutant Ape Yacht Club. The minting of an access pass is complimentary, with the standard Ethereum network gas fees being the only charge.

Expanding Horizons: Inclusive Gaming Seasons

Looking ahead, the developers have shared with Decrypt’s GG their plans to gradually broaden access with each new season, bringing more players into the fold. This strategic rollout underscores the game’s potential to grow and adapt, welcoming approximately 39,000 NFTs from the mentioned projects as eligible participants in this digital renaissance.

Serum City not only leverages the Ethereum blockchain but also integrates ApeCoin as its in-game currency, spotlighting the Mutant Ape characters. While it operates independently of Yuga Labs, the synergy between the game’s co-developer Faraway and Yuga Labs hints at a collaborative future that could redefine NFT gaming.

The Future of NFT Gaming

As Serum City unfolds, it joins a lineup of anticipated projects, including a free-to-play version of Yuga’s Dookey Dash and an Otherside-themed mobile game. These developments are not just expansions of the Yuga Labs universe but are indicative of a broader shift towards integrating NFTs in gaming, enhancing the player’s experience with ownership and investment in digital worlds.

I haven't stopped playing @Serumcity since I picked up this Oath pass on the @farawaygg marketplace for .12 ETH today.

Today @ervango came on @OTHERspaceFM and dropped the ALPHA that Oath passes are rarest then Mutant hound passes then BAYC/MAYC passes.

This may matter in the… pic.twitter.com/RqmXB2i0Be

— BaronVonHustle.eth (@TheeHustleHouse) February 2, 2024

TL;DR

Serum City marks a significant evolution in NFT gaming, blending assets from Yuga Labs’ collections with innovative gameplay. Exclusive to certain NFT holders, it promises expansion and inclusivity with each season. Beyond its gameplay, Serum City fosters collaboration between developers and sets the stage for future NFT-integrated gaming experiences.

The post Unveiling Serum City: A New Era of NFT Gaming with Mutant Ape Yacht Club and Beyond appeared first on NFT CULTURE.

Join the BAYC and MAYC Holders’ Extravaganza!

Are you ready to experience the evolution of ApeFest? Calling all Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) holders – this year’s ApeFest is going global with an epic event in Hong Kong! Mark your calendars for November 3-5, 2023, as this three-day extravaganza promises an unforgettable city-wide experience filled with meetups, community events, exclusive merchandise, and a thrilling surprise night.

• ApeFest Hong Kong: Global event from Nov 3-5, 2023
• Two options: Attend in Hong Kong or participate online
• Free tickets for BAYC and MAYC holders, $269 for additional guests
• Three-day event: Meetups, city-wide experiences, new merchandise, and a surprise night
• Ticket claim opens July 26, 8:00 p.m. ET, first-come, first-served
• $169 refundable deposit required for BAYC and MAYC holders
• Virtual participation available for those unable to attend in person
• BAYC community organizing real-life events worldwide
• Don’t forget tokenproof app for ticket claiming with BAYC or MAYC.

Don’t miss out on this incredible opportunity to be part of the ApeFest Hong Kong. The ticket claim opens on July 26 at 8:00 p.m. ET (July 27 at 8:00 a.m. HKT), so set your alarms and get ready to secure your spot. Remember, it’s first-come, first-serve, so act fast!

Here’s how ticketing works: BAYC and MAYC holders can attend the event for free but will need to pay a $169 refundable deposit when claiming their tickets. Rest assured, the deposit will be returned once you’re scanned in during ApeFest – so you can focus on enjoying the experience to the fullest.

Apes, it’s almost that time. Ticket claim for ApeFest Hong Kong goes live this Wednesday, July 26th 8PM ET / Thursday, July 27th 8AM HKT.

The ticket claim link will be posted on this account and shared on the updated https://t.co/U70qccf1W7 website. pic.twitter.com/tEbYO863Ou

— Bored Ape Yacht Club (@BoredApeYC) July 25, 2023

Can’t make it to Hong Kong? No worries! ApeFest offers virtual participation options, ensuring that all apes can be part of this monumental event. Plus, the BAYC community is planning real-life events globally for those unable to attend in person.

For those bringing along additional guests, guest tickets are available for purchase at $269 each. So, get your wallets ready and prepare to embark on this extraordinary journey with fellow BAYC and MAYC holders from around the world.

Remember, ApeFest Hong Kong is more than just an event – it’s a celebration of the vibrant ape community and a testament to the evolution of the Bored Ape Yacht Club and Mutant Ape Yacht Club. To claim your tickets, make sure you have the tokenproof app downloaded and connected to the wallet with your BAYC or MAYC.

This is your chance to be part of history in the making. Join the ApeFest Hong Kong and create memories that will last a lifetime. Let’s come together and make this global event an unforgettable experience for all!

Don’t miss out on ApeFest Hong Kong – the ultimate gathering of BAYC and MAYC holders! Secure your spot and get ready for an epic adventure!

(Note: All information provided in this blog post is based on the details available as of July 2023. Please check the official BAYC sources for any updates or changes.)

The post ApeFest Goes Global: Hong Kong Edition appeared first on NFT CULTURE.

0xb1 and  AxelApe revealed the latest Mutant Serum Ape tonight.  AxelApe  also went on to doxx himself  as Guy Benartzi and detail his history in the DeFi realm creating much of the foundational elements that the current liquidity pools like uniswap and sushiswap rely on to this day.  The team discussed the future of DAOs, NFTs, and digital ownership before revealing the masterpiece that is this NFT.

The MUTANT APE YACHT CLUB is a collection of up to 20,000 Mutant Apes that can only be created by exposing an existing Bored Ape to a vial of MUTANT SERUM or by minting a Mutant Ape in the public sale.

With this reveal only 2 finale Serums remain.  Will the final two get revealed?

0xDeepak made history 2 months ago buying a Mega Serum for 1,542.069 ETH.

Bored Ape Chemistry Club consists of 10,000 Mutant Serums, to be airdropped to all Bored Apes. Handle with care.

We will continue to provide updates as they happen. Stay tuned.

About Guy Benartzi

Guy is active in the defi and crypto space. He is the CEO of Mytopia (owned by 888) and an investor / creator of a number of well known projects in the space.  Most notably Guy was involved early in Bancor.

Bancor Protocol is a standard for decentralized exchange networks used to allow for the automated conversion of cryptocurrency tokens into other tokens, including across blockchains, without the need for an order book or counterparty to facilitate the exchange.

Additionally, Guy discussed BBSnetwork.io a bulletin board type NFT platform similar to reddit or BBS of old. BLOCKCHAIN-BASED. USER-OWNED. BULLETIN BOARD SYSTEM.
A blockchain network of Bulletin Board Systems where users can create forums to post, comment, and share ideas while generating revenue from their content.

WELCOME TO THE #MAYC MEGA TRIPPY APE@BoredApeYC #BAYC #MAYC pic.twitter.com/TANkes4Jo6

— 0xb1 (@0x_b1) February 23, 2022

The post Mega Trippy Ape Mutant Serum Revealed by 0xb1 appeared first on NFT CULTURE.

SAN FRANCISCO, February 1, 2021 – Two Bored Ape Yacht Club NFTs have sold on MakersPlace, following the recent rollout of MakersPlace’s verified third party NFT marketplace: Bored Ape, #4051 for 84 ETH (~$219,882.60) and Mutant Ape #8070 for 18 ETH (~$50,236.20) 

These sales mark the first BAYC secondary sales on MakersPlace since the company announced the expansion of its trusted marketplace, which allows users to purchase verified 3rd party NFTs like Bored Ape Yacht Club, Pak and many more with an industry-leading commission fee of 0.5%.  Since facilitating the sale of Beeple’s EVERYDAYS: THE FIRST 5000 Days for $69M in participation with Christie’s auction house, MakersPlace has continued to rapidly expand its offering of authentic and quality NFTs, recently partnering with Shakira and Baby Shark.  It now extends its industry leading authentication and curatorial methods to assure collectors of the authenticity of popular 3rd party NFTs.

This announcement follows MakersPlace’s smart contract upgrade which reduced transactional ETH gas fees up to 60%, setting a new industry standard across NFT platforms. With the expansion of its authentic and curated NFT offerings, MakersPlace reinforces itself as not only a trusted market, but a leader in fees. The platform has also introduced a number of interface updates aimed at improving the buying and selling experience for creators and collectors.

Initial verified 3rd party NFTs include: Bored Ape Yacht Club, Mutant Ape Yacht Club, Art Blocks, Pak’s, LostPoets, Damien Hirst’s, The Currency, Larva Lab’s, Autoglyphs, with more to be added soon.

Dannie Chu, co-founder and CEO of MakersPlace, says: “We are extremely excited to introduce our support for verified 3rd party NFTs as it sets a new industry standard in terms of the discoverability of quality and authentic NFTs, in a sea of misattribution and fraud. This endeavor allows us to amplify our mission of enabling a vibrant future for digital creativity by empowering only trusted and verified NFT projects.  I’m equally excited about all the improvements to the buying and selling experience, along with our industry-leading commission rates for 3rd-party NFTs.  We strive to offer the best experience in terms of trust, authenticity and quality for artists and collectors alike, bringing forth a much needed sense of safety to the NFT community.

Key Features of MakersPlace’s Verified NFT MarketPlace:

• A carefully curated selection of 3rd-party NFTs that are heavily vetted to ensure quality and authenticity
• A low 0.5% fee on all 3rd-party NFTs sales: Bored Ape Yacht Club, Damien Hirst, Art Blocks, and many more.  All creator royalties will be honored and paid upon sale.
• Support for buying and selling verified 3rd-party NFTs such as: Bored Ape Yacht Club, Mutant Ape Yacht Club, Damien Hirst, Art Blocks, LOSTPOETS, as well as artworks by world’s leading: Pak, Trevor Jones, Hackatao, Frenetik Void and many more.
• A new seamless buying and selling experience:
  • A brand new streamlined selling experience
  • Improved filtering, discovery and market insights within Marketplace
  • Login and registration with digital wallet 

SUPPORT FOR VERIFIED 3RD PARTY NFTs

MakersPlace will be unveiling a new marketplace which allows users to buy and sell verified 3rd party NFTs. Through this initiative MakersPlace will significantly expand the breadth of its NFT offering while maintaining its promise of quality and authenticity. Along with this, MakersPlace will additionally unveil a number of improvements to its buying and selling experience with market insights, attribute filters and more.

AUTHENTICITY & QUALITY GUARANTEE

MakersPlace will maintain its promise as the premier, trusted marketplace through a dedicated curation and vetting process applied to all 3rd party NFTs to ensure the authenticity and quality of every NFT listed on the platform. 

LOW COMMISSION RATES FOR 3RD PARTY NFTs

MakersPlace will allow collectors to safely browse and purchase verified 3rd party NFTs like Bored Ape Yacht Club while also offering an industry-leading 0.5% commission rate for the sale of these same 3rd party NFTs.  As an early pioneer enabling creator royalties within the NFT space, MakersPlace will collect creator royalties for every artwork offering through its marketplace.

About MakersPlace 

MakersPlace is the premier NFT marketplace for digital art. Launched in 2018, MakersPlace utilizes blockchain technology to facilitate the sale of authentic, original digital artwork, ensuring rarity and ownership for both creators and collectors. MakersPlace has emphasized accessibility since its inception, and has attracted a large mainstream audience as the first NFT marketplace to accept both cryptocurrency (ETH) and non-cryptocurrency (USD) payments, which it facilitates through crypto wallet and credit card transactions, respectively. MakersPlace helped catapult digital art and NFTs onto the global stage, with the historic sale of Beeple’s Everydays: The First 5000 Days for $69.3 million in partnership with Christie’s auction house in March 2021 – the record price for any digital artwork. Our mission is simple: to enable a vibrant future for digital creativity.

The post First BAYC Sales on MakersPlace’s Verified 3rd Party NFT MarketPlace appeared first on NFT CULTURE.

Disclaimer: Most of collectors staking their LOOKS received the LOOKS for free. If you’re staking and being rewarded that is awesome. We WANT this platform to be successful, we just have to raise redflags when we see them.

Let’s start off by saying that competition is good. A decentralized marketplace that rewards buyers and sellers if the ultimate Defi NFT dream.  We want LooksRare to be successful. That being said, the first day of trading on the platform drew a lot of controversy.  The way a lot of the trading is setup, whales were incentivized to “wash trade” to create volume allowing higher LOOKS distributions.

Wash trading is a process whereby a trader buys and sells a security for the express purpose of feeding misleading information to the market. In some situations, wash trades are executed by a trader and a broker who are colluding with each other, and other times wash trades are executed by investors acting as both the buyer and the seller of the security… – Investopedia

NFT Collector and influencer RealDonald went into detail on the data on twitter.

With ~2.9 million $LOOKS emissions, an estimated 40,000 ETH DV, this person washing Meebits would make ~60,000 $LOOKS in 24H, or roughly ~50E. The fees paid would be ~20E, leaving net 30E profit. This is withLR volume approaching OS. Rewards are broken on

@LooksRareNFT

– need fix

With ~2.9 million $LOOKS emissions, an estimated 40,000 ETH DV, this person washing Meebits
would make ~60,000 $LOOKS in 24H, or roughly ~50E. The fees paid would be ~20E, leaving net 30E profit. This is withLR volume approaching OS. Rewards are broken on @LooksRareNFT – need fix pic.twitter.com/vkYuIDlVaj

— RealDonaldNFTs | (@RealDonaldNFTs) January 11, 2022

For those curious on math – 890.69 ETH out of 40,000 is 2.226%, and daily emissions for Phase A is 2,866,500.00 LOOKS, so 2.26% is 63,829 LOOKS. 40,000 ETH DV is estimate, but approximates OS already, which shows you wash trading is too powerful in Phase A.

LOOKS maintains Momentum

LOOKS is currently sitting at over $4.00 which is good.  Famous Influencer and NFT Collector dingaling also went into detail on twitter about the benefits of the wash trading.  Essentially implying that if they can maintain momentum long enough, the market will become self sufficient. If collectors are incentivized to create volume, eventually the marketplace will be able to stand on its own.

1/ I see a lot of people talking about the wash trading on @LooksRareNFT.

So is it actually happening? Yes

Is it by design? Probably

Is it a bad thing? I don't think so. In fact, I think it's genius.

Let's dive in

— dingaling (@dingalingts) January 12, 2022

Wash Trading Muddies the Data

One of the complaints about issues with Wash Trading is that it blurs and muddies the data. Many fans of LooksRare were touting the day one success of the platform exceeding OpenSea but with manipulation it’s hard to truly measure the momentum. For Example, Let’s look at Meebits. The 90 Day Volume for Meebits on OpenSea was 8.5k ETH. The 24 Hour Volume for Meebits was 16.6k.  So because a new platform is launched the popularity of this NFT was 2x the 90 volume on OpenSea?  Additionally, in a true free market if there was this much demand vs. supply constraints, the price would have likely gone up, but the ETH price of meebits remained flat.

A record Day for NFTs?

Finally, Peak NFT pandemonium was reached with the Mutant Ape Yacht Club ~300m in Daily NFT Volume.

The best thing LooksRare can do is be as open and transparent as possible. Market competition is good. Long term rewarding buyers and sellers on their platform is a phenomenal idea.  Hopefully the market stabilizes and achieves long term momentum to become a true alternative to OpenSea.  Many users were touting 24 hour volume of LooksRare vs. Opensea.  Simple math shows that there is something strange going on. With the average LooksRare user spending nearly $40k on day one.

Other considerations include the fact that OpenSea has lost some momentum over the last 24 hours.  This should be partially attributed to LooksRare, but it’s also attributed to the Ethereum network and swaps being done actively between all of the tokens, especially Looks driving the average GWEI price for the day above 175.

LooksRare is Prepared to do their best

On their website they have acknowledged attempts to stop this type of behavior and long term the incentives for wash trading will drop.

“Each trade on LooksRare (except for private sales) incurs a platform fee of 2%, and typically a royalty fee of between 5%-10%. The total LOOKS rewards for trading each day are also fixed, and distributed based on traders’ contribution to total trading volume, meaning that there’s no guarantee of the amount of rewards that a wash trader could earn in a day,”

The post LooksRare NFT Marketplace Crushes Day 1- Concerns Remain appeared first on NFT CULTURE.

The project had impossible expectations when Taylor Gerring (co founder of Ethereum) announced that he’d use the serum live on stream with TropoFarmer.  Somehow the stream exceeded expectations.  Over 10,000 tuned in on twitch and spaces for the reveal and somehow the resulting Mega Mutant didn’t disappoint. DMT Mega Mutand #30004 is now forever part of the NFT lexicon, and those that were lucky enough to attend also received an awesome POAP.

The excitement just couldn’t stop there. Within 12 hours the next Mega Mutant Serum was sold for 999 $ETH. With only 3 Mega Mutant Serums left, it will be interesting to see what influencers, brands, or princes, buy the serum and more importantly when will they use it?  In the current NFT cycle, these mutant serums represent a massive grab for attention making the possibilities endless.

The post 999 ETH Mega Mutant Serum moves the NFT market to a new level appeared first on NFT CULTURE.