Yuga Labs Pledges $1 Million to Support Art and Education Programs in Miami

Yuga Labs Pledges $1 Million to Support Art and Education Programs in Miami

Yuga Labs, the founders of Bored Apes, announced that it is pledging $1,000,000 to support the growth of arts and education programs where the project was founded in Miami, according to a recent tweet.

Yuga kicked off its pledge with donating $300,000 to the Venture Miami Scholarship Fund, which was created to help provide free tuition to students in Miami who are pursuing a degree in STEM at a Miami based institution. 

The team seems enthused to be helping our its community as it said "as a web3 company, it’s been amazing to watch how the city of Miami has committed to becoming a global hub for the crypto/blockchain community – it’s one of the main reasons we’re so excited to keep building out our business and club here" in its official blog post.

Market participants should stayed tuned for more updates on Yuga Labs' pledge according to the team.

This announcement follows the news from yesterday that Yuga Labs is now facing an SEC investigation.

More about Bored Ape Yacht Club

Arguably the most successful NFT project, the Bored Ape Yacht Club (BAYC), is a collection of 10,000 uniquely generated bored apes that are stored on the Ethereum blockchain. Launched on April 23, Bored Ape Yacht Club had a mint price of 0.08 ETH and the collection sold out on April 30, 2021. Since its launch, the project has dropped multiple companion collections including Bored Ape Kennel Club, Mutant Ape Yacht Club, and Otherdeed for Otherside, and has helped onboard a number of high profile and celebrity collectors to the NFT ecosystem.

At the time of publish, the Bored Ape Yacht Club floor price sits at 65.99 ETH, and has stayed relatively flat over the past 24 hours on 1676 ETH volume of transactions. Over the last 30 days, 27 sharp wallets have sold 30 NFTs and 29 sharp wallets have bought 29 NFTs in the Bored Ape Yacht Club collection. Catch up on other recent Bored Ape Yacht Club news here.

Recent Bored Ape Yacht Club Sales

#1268sold at 12/09 12:12am for
69.0
#3756sold at 12/08 8:12pm for
421
#2533sold at 12/08 8:12pm for
64.2
#2533sold at 12/08 7:12pm for
64.0
#8010sold at 12/08 7:12pm for
64.9

Recent Bored Ape Yacht Club Listings

#8477listed at 12/09 2:12am for
117
#4773listed at 12/09 2:12am for
83.0
#4773listed at 12/09 2:12am for
83.0
#3443listed at 12/09 2:12am for
109
#3443listed at 12/09 2:12am for
109
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
Lucky Trader News on Twitter
Get alerts the moment news breaks with the Lucky Trader app.