🚀 Bored Ape Yacht Club flips CryptoPunks
Becoming the most valuable PFP collection
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Hey Waivly Crew! 🌊 Yesterday, the floor price of Bored Ape Yacht Club flipped CryptoPunks for the first time. The world's first SMS has been sold as an NFT for $149,729 (€132,680) at auction in Paris.
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Bored Ape Yacht Club catches up with CryptoPunks
The floor price of Bored Ape Yacht Club has flipped CryptoPunks for the first time.
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Yesterday morning the cheapest CryptoPunk listed for sale on Larva Labs’ marketplace was 52.69 ETH ($210,515). Meanwhile, the cheapest Bored Ape Yacht Club NFT was slightly more expensive, listed at 53.9 ETH ($215,350).
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NFT enthusiasts on Twitter have been predicting the flip for weeks, so now that it’s finally happened, it's not too surprising. There are multiple reasons why it was inevitable, the primary one being that BAYC NFTs have generous IP rights compared to CryptoPunks.
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Currently, CryptoPunk owners do not get any rights to use their NFTs for any commercial purpose, whereas Bored Ape owner get generous IP rights that allow them to use their NFT however they’d like.
World's first SMS sold as NFT for $150,000 at auction
The world's first SMS has been sold as an NFT for $149,729, according to the auctioneer Aguttes.
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The historic text message that read ‘Merry Christmas,’ was sent 29 years ago over the Vodafone network on December 3rd, 1992, and was received by Richard Jarvis, an employee at the time.
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The anonymous buyer now owns the replica of the original communication protocol that transmitted the SMS, along with access to a certificate issued and signed by Vodafone CEO Nick Read that confirms the authenticity and uniqueness of the NFT.
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All proceeds from the sale will be redirected to the United Nations High Commissioner for Refugees (the UN Refugee Agency) for helping the forcibly displaced people.
The Waves
💰 Blockchain gaming generated $2.32B in Q3
👟 Under Armour drops Steph Curry NFT sneakers
🖼️ Dr Seuss enterprises releases Seussibles NFTs
🤯 RadioShack is launching a crypto market
Hustle Special
Entrepreneurs need to never stop learning
There’s a lot of people out there who once they start to succeed, they suddenly think they know everything, or everything they need to, but this isn’t true.
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When you decide to stop learning, you’ll soon notice how quickly get left behind. Especially in industries like tech, Web 3, and NFTs, it is always important to never stop learning. Even if you stop learning for just a month, you'll quickly notice how quickly you and your business become outdated.
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How can you consistently learn? Learning is not just something you can do when at school, as there are now millions of different resources online to learn from. In your free time, if you have any that is, pick up a book or listen to an audiobook on business and other fields you want to learn about. If you prefer to learn quicker, there are subscriptions like Waivly Learn that constantly keep you up to date with everything you need to know.
Arcade closes $15M Series A funding round
DeFi marketplace and lending platform, Arcade, has raised $15 million in a Series A funding round.
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Arcade will use the fresh capital to build products and hire new employees, primarily in its legal department, to help the company better understand NFT-related regulations.
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In its announcement, Arcane revealed that Pantera, Castle Island Ventures, Franklin Templeton, Golden Tree Asset Management, Eniac Ventures, Protofund, Probably Nothing Capital, and Lemniscap, along with angel investors BlockFi CEO Zac Prince and Quantstamp CEO Richard Ma were behind the investment.
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The platform currently supports Ethereum-based NFTs as collateral for getting loans in all ERC-20 tokens, including wETH, USDC, and DAI. Arcade also features Wrapped NFT (wNFT) technology, which can be used to bundle and utilize multiple NFT assets to acquire a single loan.
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“The DeFi industry currently contains over $200B in Total Locked Value, with NFTs accounting for a significant portion of that value; however, the lack of infrastructure in DeFi prevents NFT holders from achieving liquidity on their holdings despite massive marketcaps," explained Gabe Frank, Co-Founder of Arcade.
Own and secure your crypto
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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Want more from us at Waivly? Join Waivly+, the premium Waivly membership with exclusive content, resources, giveaways, events, and so much more, all blended together into one super low-cost and quick to join subscription 🎉 Head over to our website and hit “Subscribe” to get onboard!
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*Waivly+ is a premium Waivly membership. Join at anytime by clicking “Subscribe” on the Waivly website, and cancel anytime by heading to your account on Waivly.
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