“Meme Factory”: 9GAG bought 8 BAYC for 796.87 ETH. This account has NFTs worth more than 5900 ETH right now. There are 9299, 128, 2059, 2929, 4024, 4673, 8293, and 9286 Bored Ape Yacht Club NFTs.
About 9GAG
9GAG is a well-known media platform network for video and picture meme sharing. Particularly when it comes to the copyright ownership of other people’s property rights, such as an image or video that has been generated. The site has the same look and feel as Reddit, and members often exchange funny content.
The group’s goal is to “bring custody to every organisation on the globe,” and has already released two exceptional collections and is backed by Gary Vee of VeeFriends, Moonbirds, Hypebeast, Tim Ferris, and Adrian Cheng, among others.
The Bored Ape Yacht Club, or BAYC, is a collection of 10,000 non-fungible tokens on the Ethereum network (NFTs).
These NFTs are visual portrayals of apes that look like cartoons and have unique details like the creatures’ backdrop, jewellery, attire, fur, and eyes.
Private utility is a service that many NFT projects offer to their owners. This can be done in the form of a “play-to-earn” game, in which NFT owners can get passive revenue just by playing the game. Bored Ape Yacht Club’s parent company is Yuga Labs. In April 2021, the project got started.
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Content Source: todaynftnews.com