@aleixcrypto Imagine the original otherdeeds collection got abandoned, it just narrows the audience and makes bad history, hvmtl was already dead when it abandon sleeping holders. same as lotm, who would put money and energy into the new resource game when they discard the loots from lotm.
Today we're making changes to ApeCoin.
Yuga Labs and ApeCo (fka Ape Foundation) coordinate, but operate in parallel. To keep the orgs and leaders in sync, a coordination tax is paid in additional handoffs and added decision-making checkpoints.
This made sense when the lack of regulatory clarity forced crypto to contort into strange formations just to ship.
That era is over, and we need to reset from first principles.
Simpler, with less coordination tax.
Cam helped build and lead ApeCo, and he’s fully aligned with me on this reboot. With the reset, the separate ApeCo lead role no longer makes sense in the same way. Cam is stepping down from that role.
The core ApeChain tech and BD teams will now work directly with Yuga, so the chain and its partners will be well served. Some other members of ApeCo will be departing - they’re really great people and we’re thankful for their hard work. This transition will be complete by June 5th.
ApeCoin should not feel like a separate bet from all the other progress Yuga is making with its brands. Everywhere else we are building holders with real conviction and ApeCoin will be no different.
So I’m currently planning a roadshow in June with key and prospective partners, exchanges, investors, institutions and community members in Hong Kong, Shanghai, Taipei and Seoul. We’re going to show up in person and build the relationships that move BAYC, Otherside, and ApeCoin forward together.
This is a first step, but not the only step.
Idea, when someone logs in on the bayc website, he will get a warning if there are some kind of open approvals on their collections, for all wallets and delegated wallets that user associated with.
Easy thing and maybe would save some apes in the future. @imjameshall@0xQuit
NFTs are back and BAYC is leading the charge
I sat down with Yuga Labs CEO @mfigge to discuss:
→ His journey to becoming CEO
→ How he thinks about floor price
→ What's next for the club
→ Plans for Otherside (+ next drop)
0:00 Intro
0:30 How Figge got into NFTs
8:30 From a buyer to CEO
14:30 IRL and events
18:15 Storytelling
21:12 Bored Apes anime
23:39 Clothing store and peer-to-peer marketplace
26:05 Floor price
29:11 Mainstream NFT narratives
31:05 Grails OTC desk
35:16 The Vision for Otherside
40:06 Upcoming Otherside NFT drop
42:00 UGC in Otherside
43:54 Timeline on mainstream adoption
46:13 Otherside Token
47:07 Target for Bored Apes
49:04 Final Thoughts
Over the past few years, I’ve woken up to random @CoinDesk articles shitting on our industry, and specifically NFTs.
That alone wouldn't bother me. Criticism is healthy. The press should hold this space accountable.
But while Coindesk takes $ 300k+ to write glowing “research” around companies in crypto, they also write ragebait headlines that shit on the same industry.
Pretty annoying to see.
It’s bad journalism to ask for $ 300k+ for an article, and if we don’t pay, you write negatively about us.
There are so many other news outlets actually trying to make it by covering bright stories in our industry.
There are so many other twitter spaces and communities that show up daily to move the space forward.
But what Coindesk is doing can’t be a sustainable model.
So a few weeks ago I opened up a short position on Coindesk’s parent company, Bullish.
This isn’t about money, it’s about principle.
The principle: you can’t hurt our community for your corporate gain.
Why can a business shit on an industry it participates in and still aim to profit within it?
Well, it can’t.
That was my bet anyway.
I’ve now closed the short up $5,387.46.
To be clear: the position is closed. Nothing I write here profits me from a trading standpoint. The trade is over. What's left is the principle.
I will use the money to take Bored Apes out to dinners, or Laker Games, or whatever the fuck I want - and every time I do, I will post an entire article about how I got the money (shorting Coindesk) and why I think Coindesk’s current approach is bad for our industry.
Congrats Coindesk, you’re now at war with a fucking psycho.
I will relentlessly bearpost this behavior until a representative reaches out to me and assures me that they’re going to knock this shit off.
Everyone really needs to check out @oswikixyz created by @frostyz. Just makes the collecting journey easier and more enjoyable. It’s a must daily check in for me…. Def an absolute follow for everyone in (or thinking of getting in) the @yugalabs Universe !!!
we’re going to make a Yuga Grails OTC desk
this desk will be open by the end of the week
why:
spent the last two days reviewing in-bound collector interest as well as off-market options
initially thought this was going to help with a couple of quick placements, but this feels like an important opportunity to support holders and the BAYC brand
people don’t usually list grails because… they’re grails. collectors want unlisted grails but they don’t know how to start the conversation and these discussions are more nuanced than an anonymous WETH offer on a marketplace
for every transaction we facilitate, we’ll be taking a small fee which will support the club going forward
if you are a broker who already facilitates deals, and you'd like our help, we're open to sharing in the upside
thank you
bored ape yacht club
@jbondwagon So people still believe in flip bayc as a sign of success, and keep fudding bayc at same time lmao, I think that is what king of nft means, gained a lot of hate and envy on top.
NFTs are dead? Doesn’t feel like it live in @OthersideMeta watching the first ever @OsPhotoClub digital art auction 🖼️👀
1st piece sold for 950 $APE - 1/1 collab between @iamMRJOUBREL & @aeaea81 🔥
2nd piece sold for 1200 $APE - 1/1 collab between @rocsolmiami & @0xRDL 🔥
3rd piece sold for 1300 $APE - 1/1 collab between @tjthecreator_ & @CinemaD__ 🔥
W all buyers/artists, W hosts and W Yuga, everything really starting to come together 🙌
@opdotxyz can we integrate the new open source model HY-Motion 1.0 from tencent to generate motion for avatar with text description and save&share motions.