BUCKLE UP: Rumors swirl about expected Bored Ape coin $APE, plus BAYC sales of virtual land with Animoca Brands

  • Just four days after Yuga Labs announced it acquired the IP rights to the legendary CryptoPunks, The Block is reporting details from a “pitch deck” Yuga circulated to investors.
  • Gordon Goner, though, a co-founder of the Bored Ape Yacht Club, said the pitch deck was old.
  •  The Block reported the following details:
    • an ‘in-game app store’ — that will allow players to create characters using NFTs they own or from scratch, outfit them (again with NFTs), and use them in games, according to the deck.”
    • Yuga will sell “200,000 plots” of virtual land in the metaverse game “across two sales in March and August this year.”
  • Even if some of this information is old. Something is definitely brewing! BUCKLE UP!