NFTs

Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…

Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…

Yuga Labs has announced a new Bored Ape Yacht Club (BAYC) community council to help the project “grow and thrive.”

The team revealed seven council members in an Oct. 5 blog post, noting that they are all OGs who have been around since the early days of the BAYC.

Yuga Labs said it assembled a new community council made up of “Apes with a proven track record of proactively and positively contributing to the club since the start.”

The members include, @beijingdou, @SeraStargirl, @TheMiamiApe, @OxEthanDG, @OxWave, @negithenagi, @peterjfang.

“This council was formed with the intention of representing the club at large and providing an avenue for new perspectives,” Yuga Labs wrote.

Yuga Labs stated that they will engage with the community and gather feedback for the firm, work with Yuga on community-driven initiatives such as commercial projects, meetups and charity work.

“Every Ape in our community has directly impacted our decisions-making from day one. This council, and future councils to come, puts a more formal, efficient and consistent process in place for Yuga leadership to get community feedback and advice on an ongoing basis,” it wrote.

Yuga Labs also teased that it could soon launch community councils for its other NFT projects including CryptoPunks, Meebits and the Otherside moving forward.

Animoca Brands partners with Cool Cats

NFT venture fund giant Animoca Brands has made a strategic investment into blue chip NFT project Cool Cats to help the project expand into new avenues such as gaming.

The Oct. 5 announcement from the duo states that the “partnership will drive Cool Cats’ mission to become the largest global NFT brand and a robust media and content company, including through expansion of its gaming offerings.”

Cool Cats was launched in July 2021 and consists of 9,999 cartoon cat avatars. The project has generated $369.2 million worth of NFT sales volume to date as per CryptoSlam data. The latest announcement has also coincided with Cool Cats sales volume pumping 220% over the past 24 hours.

The move also follows a partnership with Animoca Subsidiary GAMEE from Sept. 1, a virtual platform focused on connecting creators, brands and players in the GameFi space.

Click Here to Read the Full Original Article at Cointelegraph.com News…