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In December 2020, OpenSea announced that any user could mint NFTs on its platform for free. Later, in March 2021, OpenSea announced NFT collections would not need to be approved to be listed; this decision was later criticized for allowing rampant plagiarism on the platform. [35] On September 17, 2021, OpenSea released an app for Android and iOS.
In January 2022, Forbes estimated the stakes in OpenSea owned by Finzer and his co-founder Alex Atallah to be worth $2.2 billion each, making them the first two non-fungible token billionaires. [2] In April 2023, the net worths of both founders were estimated to have fallen to less than $600 million each following a steep decline in OpenSea's ...
Bored Ape Yacht Club (BAYC), often colloquially called Bored Apes or Bored Ape is a non-fungible token (NFT) collection built on the Ethereum blockchain with the ERC-721 standard. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm. The parent company of Bored Ape Yacht Club is Yuga Labs. [1]
Pak, formerly known as Murat Pak, is a digital artist, cryptocurrency investor, and programmer.Pak is known for creating the curation platform Archillect, an internet bot which reshares media based on user interactions with content hosted on various social platforms [1] and for launching a platform for burning (permanently removing from circulation) NFTs to receive tokens of the cryptocurrency ...
The players start in the city of Utropia, where they can go off into different experiences. These experiences can be the biomes surrounding the city, different game-modes, user-generated Alternate Reality Construcs (ARCs), or the AAA game MindsEye.