ProBit Global has pivoted to the NFT sector for its next series of ProBit Exclusive to center on NFT with 50% off subscriptions now open for the rapidly trending ApeCoin.
The latest round of discounted entries for APE comes off a flurry of speculation surrounding its widely circulated investor pitch leak with the latest developments all but cementing APE as the payment gateway for all things BAYC and the highly anticipated metaverse-based RPG Otherside.
APE is currently trading near $12 with one of the top ETH whales buying up over $2.1M in APE, with sustained trading activity crowning APE as the most traded token among the top 100 ETH wallets according to WhaleStats.
APE holders will also have their first chance to vote as part of the ApeCoin DAO, which enables members to create and vote on various proposals ranging from budget allocation to staking mechanics.
BAYC shot to fame through its novel web3 approach of giving all NFT holders full commercial rights to create, brand, and monetize original merchandise and content.
The creator behind the now nearly universal brand, Yuga Labs, is now valued at $4B thanks to a $450M funding round with a16z as lead investor to follow up on a blockbuster acquisition of CryptoPunks and Meebits in a move that opened up full IP rights for its holders.
According to Nonfungibles, BAYC, CryptoPunks, and Meebits generated a total volume of 3.937B in 2021, representing over 46% of the entire 8.471B collectibles market.
Demand has been substantial, evidenced by a single BAYC fetching $3.4M while the 101 Bored Ape Yacht Club collection raked in a staggering $24M. BAYC has won over countless numbers of celebrity endorsers as PFP have emerged as proof of membership, unlocking exclusive privileges and bragging rights for holders.
The team held its first and highly successful BAYC Ape Fest and is now the face of a virtual band courtesy of Universal Music Group’s metaverse group, Kingship.
Renowned producer Timbaland also got involved in BAYC as the co-founder of Ape-In Productions (AIP). The platform showcases up-and-coming artists such as TheZoo, which recently released a music video for its debut track ApeSh!t.
ABOUT APECOIN
ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower a decentralized community building at the forefront of web3.
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