Bored Ape Yacht Club holders have seen the floor price drop 50% in under 3 weeks as NFT sales weaken.
The NFT collection, which was announced today, was designed to honor the 106th Indianapolis 500 — one of the largest car races in the United States — and will take place on Sunday, May 29.
The race day ticket NFTs will be available for free to everyone who purchased a seat at the event, and will offer users access to exclusive content throughout the weekend of the race.A formerly discarded collection of CryptoPunks, known as the “V1” collection, has returned to OpenSea following thethe intellectual property of the CryptoPunks collection from Larva Labs.
However, at the end of last year, the CryptoPunks community created a “wrapper” program that salvaged discarded V1 versions and turned them into new NFTs, generating some major pushback.
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