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The Yuga Labs Business Model & the 2024 Super Punk World Collection Wobble
Yuga Labs, founded in 2021, has become a reference point in the CRYPTOART NFT profile picture (PFP) collectibles landscape, thanks to the start-up success of their Bored Ape Yacht Club (BAYC) collection. In late March 2022, off the back of their BAYC-MAYC success, Yuga Labs secured a $450 million seed funding round from Andreessen Horowitz (a16z), valuing the company at $4…
The Big Picture: Where do NFT Artists Mint and Sell their NFTs and Why?
Navigating the Crypto-Web3 world as a newcomer is like being sucked into an intergalactic wormhole and spat out into another universe. After accidentally landing on a moon-sized floating space-city, with some luck, you stumble into an airport lounge full of aliens. NFT artists typically decide where to mint and sell their NFTs based on several factors that can vary depending…
Mint NFTs that Sell by Crushing these 10 Key Success Factors
Minting NFTs (Non-Fungible Tokens) that sell often involves a combination of factors that cater to the interests and preferences of the NFT market and their collectors. Here are 12 key success factors to consider when creating NFTs you love: Quality and Uniqueness Your NFT should be of high quality and offer something unique. This could be in the form of…