Yuga Labs: The $50 Million NFT Rumor

Mecha Apes – The NFT giant Yuga Labs would intend to give birth to a new collection in symbiosis with that of the Bored Apes. The media Prototypes would have had (the conditional is necessary) access to documents for the moment not revealed to the public concerning the supposed new project of Yuga Labs. If reluctance is to be issued for the lack of evidence and information, certain details do indeed give substance to the declaration of the independent media. Their new collection would be called Mecha Apes and would bring something new to their metaverse.

Yuga Labs would aim for $50 million

If we trust the Protos.com reportthe project Mecha Apes should be released by the end of this year. In anticipation, Yuga Labs expects to raise no less than $50 million thanks to this new project. In addition to new monkeys a priori from another universe or at least another time, Yuga Labs would have anticipated its alleged new collection by means of details scattered in their collection “otherdeed for otherside”.

To refresh your memory, Yuga Labs, behind the iconic Bored Apes collection, didn’t just create simple ape portraits but planned a huge project all around their initial NFTs.

Thus, quite recently, the desire to make this collection a part of a future metaverse was announced to the general public. Note in particular the creation of a token, the “Apecoin”, all around the narrative arc around the project as well as a sale of 100,000 virtual plots in the form of NFTs for the metaverse to come. The different plots were sold at the initial individual price of 6000 dollars and each have different particularities.

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Mech parts?

It is these particularities that will interest us in this case, that is to say the rumor of a new collection. As with all other NFT collections, the plots have characteristics of different categories. For the otherdeeds, 6 categories are present and among them the artefacts. And in these artifacts one type matches this statement, the mech parts. Of the 100,000 lands, only 100 have a mecha artifact and tear themselves away at the price of gold.

To quickly talk about prices, the plots initially sold at 6000 dollars per unit obviously suffered the full force of the bear market and are now trading at the floor price of around $2500. Still, NFTs with a mecha part have a floor price of $20,000 and only have 7 of their own on sale. The last sale of an otherdeed with a mecha artifact was on September 10 at a price of 13 ETH or $22,100 on that date. Rumors were already rife among project enthusiasts who also did not hesitate to speculate on potential future announcements.

fake news

However, these successions of remarks lending intentions to Yuga Labs caught the attention of the co-founder of the project. Which did not fail to hold a clear sentence in response: “fake news”.

However, even if the co-founder should have calmed people’s minds with his intervention, the reality is quite different. Rumors are still going strong and take on even more value by standing up to the co-founder himself.

For the moment, no official announcement of the project has been made concerning the hypothetical collection of the Mecha Apes. The announcement of the co-founder of the company not having been enough to calm the crowd, the doubt remains. The news would indeed be articulated in harmony with the development projects of Yuga Labs. Anyway, the truth will come out at most in 3 months.

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Yuga Labs: The $50 Million NFT Rumor


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