Aruanne: Andreessen Horowitz Seeks an Investment in Bored Ape Yacht Club

Aruanne: Andreessen Horowitz Seeks an Investment in Bored Ape Yacht Club

Two reports claim that the creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC) are in talks of raising funds from investors such as the venture capital firm Andreessen Horowitz. The alleged funding round is expected to be around $200 miljonit, but sources further saythe deal is not yet closed.

Igav Ape Jahtklubi’s Yuga Labs in Talks of Raising $200 Miljon, Multiple Sources Say

According to the news outlet Axios, a Igav Ape Jahtklubi (BAYC) creators have been in talks of raising funds from investors. Axios contributors Kia Kokalitcheva, and Dan Primack write that the investment firm Andreessen Horowitzis in advanced talks to lead a large funding round for Yuga Labs.

Yuga Labs created the BAYC NFT project alongside the associated NFT collections like Mutant Ape Yacht Club (MAYC). There are 10,000 NFT-d, in the case of BAYC, and each ape has different properties.

Kirjutamise ajal, 6,296 unique addresses own at least one BAYC out of the 10,000, and the current floor price for the least expensive BAYC today is 90 ethereum (ETH) or $272K.

Out of 11,249 traders and 24,543 müük, the BAYC collection has seen $1.3 billion in all-time sales volume. The collection of 10,000 BAYCs alone, has an overall market capitalization of around $3 miljardit täna, according to dappradar.com’s metrics.

While the floor price on Saturday, veebruar 5, 2022, is $272K for the lowest BAYC, the average BAYC sale is $337,820 this weekend.

In addition to the Axios report, the Twitter account dubbedNftnick.eth” (NFT Nick) rääkis his 80,400 social media followers about BAYC possibly raising funds with a “$5 billion valuation.Axios said ithas learned from multiple sources,” but the publication also mentioned NFT Nicks tweet.

Kokalitcheva and Primack further add in their report thatthe deal is not yet closed, which means it still could fall through.BAYC has been very popular among celebrities as well, with pop star Justin Bieber, rapper Eminem, Linkin Park’s Steve Aoki, Charlotte HornetsLaMelo Ball, and NBA legend Shaquille ONeal all owning a BAYC NFT.

BAYC has also partnered with well known brands like Rolling Stone, Arizona Iced Tea, ja Adidas. Seal’s also been the creation of two BAYC-centric entertainment projects with backing from Universal Music Group and a separate one stemming from the hit record producer Timbaland.

Eelmisel aastal, 107 Bored Ape Yacht Club NFTs were also sold at the luxury auction house Sothebys for $24 miljonit.

What do you think about the reports that say Yugo Labs is in talks with investors like Andreessen Horowitz to raise $200 miljonit? Andke meile allolevas kommentaaride jaotises teada, mida te selle teema kohta arvate.