Mar. 16 NFT Recap | ApeCoin Releases Information

Mar. 16 NFT Recap | ApeCoin Releases Information
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Top News Today:

  • ApeCoin Releases Information

  • 10KTF Gucci Grail Pass

  • Animoca Games

  • Top NFT Movers

ApeCoin Release Information

Yuga Labs has released full details regarding the ApeCoin release and claim that is scheduled for tomorrow morning. From the initial 1B tokens, 62% are allocated to the ecosystem fund, 16% to Yuga Labs and charity, 14% to launch contributors, and 8% to the BAYC founding team. 

Along with the token distribution breakdown, the team announced airdrop amounts for Ape Holders as follows:

  • Bored Ape Yacht Club NFT = 10,094 tokens
  • Mutant Ape Yacht Club NFT = 2,042 tokens
  • Bored Ape Yacht Club NFT + Bored Ape Kennel Club NFT = 10,950 tokens (a bonus of 856 tokens for BAKC) 
  • Mutant Ape Yacht Club NFT + Bored Ape Kennel Club NFT = 2,898 tokens (a bonus of 856 tokens for BAKC)

Read Lucky Trader's full article on everything you need to know about the ApeCoin release here

10KTF Gucci Grail Pass

10KTF Gucci Grail Mint Pass finished its reserve list minting at noon ET today. The project in partnership with Gucci has performed well after minting out at a 1 ETH price.

Holding a 1.35 ETH floor and completing over 400 ETH in secondary volume over the last three days, the collection plans are to reveal next week. Each Gucci Grail Mint Pass holder has 48 hours to burn the NFT to create a new Gucci-inspired variation of their own NFT. 

Animoca Games

Animoca Brands continue to make headlines as $APE will become integrated into its existing game @BenjiBananas. According to a medium article, starting tomorrow, the BAYC community can use $APE to buy NFTs to activate play-to-earn in Benji Bananas.

A Benji Bananas Membership Pass going on sale tomorrow at 9:00 a.m. EST will be designed to provide the play-to-earn experience in Benji Bananas and is purchasable with 25 ApeCoin. The pass will allow players to earn the Benji Banana Token which will be swappable for ApeCoin. undefined

  • Mutant Ape Yacht Club leads the project rankings page today as its all Apes following the ApeCoin announcement. Soaring volume 176% floor and rising 3 ETH in last hour since the ApeCoin information went live. 
  • Bored Ape Yacht Club follows suit up over 100% in volume nearing the 100 ETH floor as they will collect the most $APE during tomorrow's airdrop. 

  • Bored Ape Kennel Club for the first time in a while jumps onto the rankings page. Gaining 300% in volume following the announcement and driving the floor price up to almost 10 ETH. 

  • Check out Lucky Trader's full NFT project rankings here

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