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- 💥Is the Bored Ape Yacht Club's Price Bubble About to Burst?
💥Is the Bored Ape Yacht Club's Price Bubble About to Burst?
🌊 Machi Big Brother's Sale Sends Shockwaves Through the BAYC Community
AI | Web3 | NFTs News
June 27, 2023
📣What's Up in the Web3 | NFT | AI World?
Welcome to the latest edition of our NFT News! In this issue, we'll take a look at some of the biggest news stories from the past week, including:
The Latest from the Web3 World
👩🏻🎤 Azuki Unveils New ‘Elementals’ NFT Collection Today
🧱 Lego and Epic Games Reignite Metaverse Conversation
💼 Hermes Secures Permanent Ban on MetaBirkin NFTs
A Look Back at the Week
Jeffrey Huang’s as Machi Big Brother Bored Ape Sales Cause Price Volatility
Did you hear about the recent price volatility in the Bored Ape Yacht Club (BAYC) market? It's all thanks to Jeffrey Huang, also known as "Machi Big Brother," who recently sold over 50 Bored Apes, including one transaction that generated $1.2 million.
Huang is a prominent figure in the music and tech industries, but he's also facing legal allegations of running several failed pump & dump and NFT projects. So, it's no surprise that his recent sales caused a stir in the BAYC community.
The price of BAYC NFTs initially took a big hit after Huang's sales, but it has since rebounded a bit. However, it's still unclear what the long-term impact of Huang's actions will be on the BAYC market.
NFTs Go Mainstream with TM3’s Mfers Garden Flag
Did you hear that NFTs are finally going mainstream? That's right, thanks to the efforts of Total Marketing Web3 (TM3), NFTs are now making their way into the real world through a collaboration with Lowe's.
TM3 has created a garden flag that features characters from the popular NFT project mfers. The flag is available for purchase at Lowe's for $39.98 and comes with a companion NFT.
gm mfers. A lot of you will be receiving your mfer cc0 summer flags today from @Lowes. Let’s see those flags fly. Use #mfersinthewild and post yours in action.
— MSV (@matthewvarnell)
10:32 AM • Jun 26, 2023
If you're not familiar with mfers, they're a collection of 10,000 unique NFTs that were created by an anonymous artist known as Sartoshi. The project quickly gained popularity due to its lo-fi, hand-drawn style and its association with the "Are ya winning, son?" meme.
TM3's garden flag is a great way for fans of mfers to show their support for the project and to bring a bit of Web3 into their own backyards. The flag is also a great way for people who are new to NFTs to learn more about the technology and see how it can be used to create real-world products.
So what are you waiting for? Head to Lowe's today and pick up your own mfers garden flag!
