In total, the lawsuit names 37 defendants, including the founders and leadership team at Yuga Labs; MoonPay and its CEO, Ivan Soto-Wright; Reddit co-founder...

Fintech company MoonPay just bought NFT World Of Women (WoW) during an auction by Christie’s on Tuesday. MoonPay was revealed as the mystery bidder behind the digital art piece. The virtual Non-Fungible Token (NFT) artwork that was to be sold at the London Evening Sale was sold for £567,000 ($754,340). This is a rare piece [...]

The post World of Women NFT Sells At $754,000 to MoonPay appeared first on Blockonomi.

TribeOne, the world’s first AI-powered DeFi and NFT-funding platform, is hosting a special event ‘The Biggest NFT Giveaway’ where they will giveaway an NFT from the immensely popular Mutant Ape Yacht Club Collection. Users can participate in the giveaway by placing loan requests for an NFT of their choice on TribeOne’s dApp. What is TribeOne? Besides hosting Crypto’s Biggest NFT Giveaway, TribeOne has been offering lending solutions to DeFi users to help them take part in the NFT space. NFT market is a billion-dollar market and is growing at a rapid pace as more creators, traders, and collectors step into it. A platform enabling users to purchase NFTs by providing financing solutions, TribeOne is aiming to make NFT space more accessible. For this purpose, they are collaborating with NFT marketplaces and expanding their NFT offerings. Through TribeOne, users can avail of financial solutions for over 80M+ NFTs listed on the OpenSea marketplace with a 25% down payment and custom payback schedules of up to 12 monthly installments. The host of Crypto’s Biggest NFT Giveaway, TribeOne’s native token $HAKA can be used to pay for installments and also staked on various platforms for additional benefits. The platform is also addressing the difficulties associated with NFT lending services and their new dApp is promising a refined experience for investors seeking easy access to a variety of NFTs. Alongside custom loaning options, TribeOne’s dApp is also making it possible to generate revenue in crypto via NFT flipping, allowing users to take long positions on NFTs and self-liquidating, a unique process based on dipping out of paying their full loan amount and putting the NFT back on its marketplace of origin for sale – resulting profit from future price hikes of the NFT. How to participate in the Crypto’s Biggest  NFT Giveaway by TribeOne? Mutant Ape Yacht Club Collection contains Ape NFTs similar to the Bored Ape Yacht Club Apes, but with a zombie-like mutant theme. Holders of the original 10,000 BAYC NFTs were airdropped a mutant serum vial that allows BAYC NFT holders to “evolve” their bored apes to mutant apes. Bored Ape Yacht Club Collection is among the most prestigious NFT collections in the world. There are numerous celebrities owning NFTs from the BAYC collection, ranging from NBA players like Stephen Curry, Mark Cuban, and Shaquille O’Neil to famous musicians such as DJ Khaled, Post Malone, and Snoop Dogg. The host of the Crypto’s Biggest NFT Giveaway, TribeOne will reward one lucky participant with an NFT from MAYC Collection. “To express our gratitude to our community for their support, we are hosting the most sensational giveaway in the history of crypto and giving a Mutant Ape NFT as a reward to our community,” says Mehdi Suleman, CEO of TribeOne. To participate, users should follow the steps below: Apply for a loan on an NFT of your choice, using the “import functionality” on app.tribeone.io Tweet a screenshot of your loan portfolio with the hashtag #TribegoesApe, tagging @tribeonedefi – and make sure to include your wallet address!  One winner will be randomly selected from all entries received and will be rewarded with a Mutant Ape Yacht Club NFT. TribeOne is the world’s first AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology. TribeOne is an NFT, lending, borrowing, saving, and credit risk platform that offers a seamless experience; to all the users through its innovative consumer-centric products. The platform will break barriers in the traditional financial ecosystem and revolutionize the DeFi sphere as a whole. Providing the community with a platform to lend, borrow and invest in crypto assets and NFTs. Therefore, offering an unconventional experience for all.  

Yuga Labs, the startup behind the Bored Ape Yacht Club NFT collection, is in financing talks with investment firm Andreessen Horowitz.

An exclusive DappRadar report explores the separation between NFT valuations and the crypto market during the selloff.

Blockchains used to be known for cryptocurrencies only and maybe dApps. However, this was…

The post Top 5 NFT collections to buy in 2022 appeared first on Coin Journal.

His announcement comes two weeks before the launch of the protocol's NFT collection, the Cats and Watches Society collection. The event set to unroll on January 17 will also entail the launch of its V2 marketplace. 

According to Mr. Mihai, his first purchase from the BAYC collection is his way of showing his support towards NFTs. Furthermore, he considers it the best time to join the BAYC movement, before the launch of the DYP NFT collection.

So far, the BAYC collection has been making a name for itself in the market, holding some of the most coveted pieces in the space. According to a Dune Analytics report, the collection has garnered over $500 million since the start of its sales. 

The collection contains 10 000 of the Bored Ape NFTs, with some selling as high as over 700 ETH. Mr. Mihai is now among the many who have invested in BAYC, considering notable figures, such as Snoop Dogg, Eminem, Jimmy Fallon, Post Malone, Steve Aoki, and more.

The Cats and Watches Society Collection

The Cat and Watch Society collection is a brainchild of the DYP protocol, leveraging the support of the Binance Smart Chain, Avalanche network, and Ethereum blockchain. The collection, also dubbed PAW, will be inclusive of 10 000 cats with 182 traits for any interested party to choose from, including clothes, color, watches, to mention but a few.

To avoid bias during the sale, the protocol will ensure that every PAW NFT sells at the same price; that is, $250 dollars for every Cat, while eliminating price tiers to prevent price differences. 

Owning a Cat gives you exclusive access to members-only benefits, including access to the marketplace and a Society Account. However, you need to own a Metamask wallet account for the process to be complete. Additionally, Cat holders will receive rewards from 20% ((10% from minting fees and 10% from selling fees) of all sales made every week.

DYP Could be the Next Big Thing in NFTs

DYP and its team are taking advantage of the greener pastures that the NFT market is laying out for crypto enthusiasts. While the step by its founder could seem like a rash decision, it stands as an indicator of his faith in the sector.

Furthermore, the creation of the Cats and Watches Society collection can open more doors for the protocol as a viable investment opportunity. As it stands, it has managed to bury its roots into the DeFi industry, offering lucrative yield farming opportunities while protecting its investors from market manipulation.

The collection wishes to speak of novelty through its NFTs while offering watch enthusiasts a chance to make the most out of the trendy elements present. Nonetheless, there is more to come, which means greater potential for the PAW collection. 

Soon, the cryptoverse should expect more, including a PAW metaverse, a Play-to-Earn opportunity for holders, PAW staking options, free watch minting, and more. These steps combined with its marketplace will make DYP a crucial part of the current and future NFT market.

About DYP

The DeFi Yield Protocol (DYP) is a unique platform that offers solutions for yield farming, staking, NFTs, and enabling users to leverage the advanced trading tools of the DYP. The DYP made history in the DeFi space by becoming the first and only protocol to reward users in Ethereum. The protocol employs an anti-manipulation feature that aims to limit the market impact on users' converting rewards into ETH and other native platform tokens.
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Let’s take a look at all the cryptocurrency news over the last week.

The post Cryptocurrency News Roundup: Send Crypto On WhatsApp, COVID19 Music NFT, Visa Advisory Services, Pepsi NFT appeared first on BitcoinChaser.

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