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Hey Waivly Crew! 🌊 YugaLabs has acquired the IP behind the Cryptopunks and Meebits collections from Larva Labs. Okcoin has launched the Bitcoin Odyssey, a pledge to deploy $165M intro products that accelerate Bitcoin adoption.

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YugaLabs acquires CryptoPunks and Meebits

Yuga Labs, the creator of Bored Ape Yacht Club, has acquired CryptoPunks and Meebits from Larva Labs.

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As part of the acquisition, Yuga Labs now owns the brands, copyright in the art, and other IP rights CryptoPunks and Meebits, along with 423 CryptoPunks and 1711 Meebits.

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“Yuga Labs are the innovators of the modern profile picture project, and the best in the world at operating these projects. They are the ideal stewards of the CrytoPunks and Meebits. In their hands, we are confident that they will continue to be vital, thriving projects in the emerging decentralized web,” Matt Hall and John Watkinson, co-founders of Larva Labs

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Yuga Labs aims to create a “community of builders” behind both projects by granting intellectual property and commercialization rights to CryptoPunks and Meebits holders, allowing them to create digital and physical works based on their NFT.

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Unlike Larva Labs, Yuga Labs has granted Bored Ape and Mutant Ape holders commercial rights for a while now. Because of this, we’ve seen Bored Ape’s used in music videos, animated TV shows, and even music groups signed to Universal Music.

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As of Saturday, the day after the acquisition was announced, NFTs from both collections started selling rapidly. According to data from CryptoSlam, CryptoPunks totalled over $19.2M in the prior 24 hours, an impressive 1,100% increase, while Meebits is close behind with $18.5M.

Okcoin launches $165M Bitcoin-focused pledge

Cryptocurrency exchange Okcoin has launched the “Bitcoin Odyssey,” a one-year pledge to invest $165 million into solutions that accelerate bitcoin (BTC) adoption.

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Funded by multiple firms, including Digital Currency Group, GSR, and White Star Capital, Bitcoin Odyssey will allocate capital and resources to emerging projects developed on Stacks, an open-source network for decentralized apps and smart contracts built on the Bitcoin blockchain.

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In addition to Bitcoin and Stacks-focused projects, the Bitcoin Odyssey will support solutions across Web3, such as the metaverse, decentralized autonomous organizations (DAOs), DeFi, NFTs, blockchain-based gaming, Citcycoins, and govtech.

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“The Bitcoin Odyssey is recalibrating capital and resources back to the foundation of cryptocurrency, and that starts with Bitcoin and Stacks,” said Alex Chizhik, Okcoin’s Head of Listings and Community.

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“While the rise of NFTs and altcoins dominated public attention in 2021, there is still a lot of work to be done for digital assets to be adopted globally in meaningful ways. As the only currency that is truly decentralized, we believe bitcoin should remain at the epicenter of crypto adoption,” he added.

The Waves

📅 Diving Into The Past Week of NFT's: 7th to 13th

💰 Curated launches $30M NFT fund to support creators

👋 Coinbase debuts zero-fee subscription

🚫 UK Financial Conduct Authority declares Bitcoin ATMs illegal

NFT Special

Bifbuzz Collection

Bifbuzz is a student that creates and sells NFTs on OpenSea. The NFT above shows a pawn that depicts us or the people who want to achieve something big in their life.
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Tiny Worlds

Created by Indian artist Puneet Dhingra, Tiny Worlds is a collection of colourful and vibrant macro images of tiny creatures in the earth’s ecosystem.

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Pandemic Portraits

Pandemic Portraits is a collection of 1/1 portraits shot with a 50mm lens on the street. This collection will feature 100 everyday people going on about their day in this global pandemic. Shot in Mexico, this collection features food service workers, bikers, police officers, firemen, soldiers, and everyday people living their lives during a global pandemic.

Instagram adds moderator feature to live streams

Instagram has recently announced on Twitter that they are finally allowing Live streamers to add moderators during their streams.

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Moderators of the stream will be able to report comments, remove viewers as well as be able to turn off the comment feature for a viewer. Creators will be able to assign stream moderators by clicking on the three dots that are located near the comment section of the live stream.

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Then, the creator can choose a moderator by searching up a user on the search bar or choosing an account from a list of suggested accounts. The enabling of having mods on live streams will allow creators to moderate the comment section of streams to prevent any unwanted and inappropriate comments as well as remove trolls from streams.

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The addition of the moderator tools to Live is a way for the company to appeal to more creators who want to begin to monetize through streams since it will make the streaming experience more enjoyable for creators.

Own and secure your crypto with Ledger

If you’re into cryptocurrency and own crypto assets, you need a secure place to store your coins and tokens. You probably already know that you shouldn’t store your crypto on an exchange due to potential hacks, not being solely in control of your crypto’s private keys, and for other reasons, and so a hardware wallet is the way to go and the best option to protect your private keys, therefore, you should make the move to a Ledger wallet.

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Ledger wallets are an extremely secure and premium way to secure, manage, and grow your crypto assets with their Bluetooth-enabled hardware wallets, and easy-to-use app which lets you manage your portfolio on the go. They let you manage multiple assets, buy, sell, grow, and exchange crypto, gain financial freedom by you being in full control and ownership of your private keys, and so much more.

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The wallets are really simple to setup, and to move your crypto over to, so there’s no reason not to secure your assets and take control of your cryptocurrency now and get yourself a Ledger device. You can manage 1800+ coins and tokens directly in the Ledger Live app once you’ve got your device up and running, so you’ll always have your entire portfolio covered.

Share The Wave

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