Bored Apes NFT project gets official 'ApeCoin' token | TechCrunch


Even among the fastest growing crypto startups,

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Yuga Labs has had a year of rapid growth.The startup is behind the NFT Bored Apes Yacht Club (BAYC) project, which launched last April. But it has grown rapidly to become the most cost-effective NFT project.

The admission price to buy the cheapest of 10,000 images is currently around $240,000 for the Ethereum cryptocurrency. With the startup reportedly taking bank financing at a valuation of $5 billion (a company spokesperson declined to comment on that figure),

Yuga Labs is looking into the future, providing details on the partnership. New for game titles to play for money. The token is called ApeCoin.Million-dollar monkey pictures and monkey money might not be the future