Yuga Labs launches BAYC council, Cool Cats is backed by Animoca and more

Solana NFT volume surged to $130 million in September, and Gary Vaynerchuck’s VeeFriends are set to be released as collectibles at Macy’s and Toys “R” Us.

Today, Yuga Labs welcomes the BAYC’s first community council to assist us in shaping the future of the Bored Ape Yacht Club.

Yuga Labs has launched a new Bored Ape Yacht Club (BAYC) council to help the project “grow and thrive,” the company said in a press release.

In an October 5 blog post, the team revealed seven council members, all of whom are OG veterans of the BAYC.

According to Yuga Labs, it created a new community council by recruiting “Apes with a proven track record of proactively and positively contributing to the club since the start.”

The members are @beijingdou, @SeraStargirl, @TheMiamiApe, @OxEthanDG, @OxWave, @negithenagi, @peterjfang.

“The purpose of this council is to bring new ideas to the table and provide a vehicle for young people to get involved with technology,” Yuga Labs said.

The founders of Yuga Labs said they would discuss with the community and seek feedback for the firm, work with Yuga on community-driven projects like commercial ventures, conferences and charity work, and meet with Yuga.

Every member of the Yuga community, from the moment of conception, had an impact on decision-making. The council, and future councils, put in place a more formal, efficient, and consistent process for Yuga leadership to get community feedback and advice, it said.

According to Yuga Labs, it will soon be able to establish community councils for its other NFT projects, including CryptoPunks, Meebits, and the Otherside.

Animoca Brands, one of India’s biggest NFT venture firms, has invested in Cool Cats, a profitable blue-chip NFT project, to help it expand into new markets such as gaming.

According to the Oct. 5 announcement, Cool Cats’ partnership with the two will help it achieve its mission to become the world’s largest NFT ecosystem company and a robust media and content company. The partnership will also boost Cool Cats’ goal to become a global NFT brand and robust media and content company.

According to CryptoSlam data, Cool Cats, which was released in July 2021, has generated $369.2 million worth of NFT sales volume to date. As a result, the latest announcement has also coincided with sales volume increasing 220% over the past 24 hours.

The partnership also follows a partnership with Animoca Subsidiary GAMEE from Sept. 1, a virtual platform focused on connecting creators, brands, and players in the game space.

Solana NFT sales volume soared above $100 million in September

NFTs sold on the Solana blockchain rose by 82.2% to $130.1 million in September compared to August, totalling $130.1 million in sales.

Even so, the number of unique buyers of Solana is still a lot smaller than that of Ethereum, which handled $354.3 million worth of NFT transactions in July.

In September 2018, CryptoSlam found that there were 143,997 unique buyers of Solana NFTs (up from 95,516 in August) compared to 166,168 Ethereum NEP-5 token buyers (down from 202,467).

Even though the numbers indicate that Solana is gaining some ground on Ethereum, the latter still has the majority of big corporation NFT projects.

Looking at data over the last 30 days, one Solana NFT project ranks tenth in terms of sales volume with y00ts mint t00b’s $13.3 million worth of sale volume. In comparison, eight Ethereum-based projects rank in the top 10.

I want an NFT, Mommy.

Macy’s and Toys “R” Us have teamed up with NFT project VeeFriends to sell physical plush and figure collectibles featuring VeeFriends NFT characters.

The figurines will be available at stores from Oct. 17th and will cost $9.99 to $29.99. The characters include the Common Sense Cow, Willful Wizard, Practical Peacock, Gratitude Gorilla, Genuine Giraffe, and Be the Bigger Person.

Three Arrows Capital’s NFT collection to be liquidated

Season one NFT holders will receive the corresponding physical collectibles, in addition to the plush and six inch figures.

The hodler does not benefit from the sales of the physical toys, however.

Other Nifty News:

On Oct. 4, Horizon Blockchain Games, the maker of the NFT card game Skyweaver announced $40 million in Series A funding. Brevan Howard Digital, Morgan Creek Digital, Polygon, and Ubisoft are among the investors.

On Oct. 5, NFT marketplace OpenSea announced in a series of tweets that the platform will officially allow its users to bulk list and bulk purchase up to 30 digital collectibles in one flow.