Yuga Labs will soon launch its new NFT collection

The Yuga Labs, thanks to the success obtained with the Bored Ape Yacht Club, could soon return to the fore with a new collection.

A still mysterious collection

Yuga Labs seems to no longer count the giveaways and controversy surrounding its Bored Ape Yacht Club collection. The images of the monkeys, which sometimes sell for several thousand dollars, have found a loyal following including stars like Snoop Dogg. These too have been the subject of numerous hacks. However, these incidents don’t seem to slow down their creators.

According to Protos media, Yuga Labs aims to release a new collection of non-fungible tokens by the end of the year. Titled Mecha Apes, this may bear the effigy of the famous monkeys of the Bored Ape Yacht Club. So far, not much has been revealed about them. Protos reportedly became aware of a leaked document from Yuga Labs exposing the project.

However, the latter wouldn’t say more about the look and style the new NFTs will sport. However, it could be assumed that the apes will be robotic. The Japanese term Mecha actually refers to characters like Grendizer or Astro Boy. Fans may therefore recognize some hints to pop culture.

However, it would seem that the ambitions are there. The creators would like to raise no less than $ 50 million with this collection. It may be several weeks before Yuga Labs makes an official announcement. If the public hasn’t grown weary of the custom monkeys from the original collection, the Mecha Apes could be as successful as the BAYC, opening the door to a number of spin-off collections.

Yuga Labs welcomes the new Ethereum ecosystem

As the Ethereum merger appears to be the start of a new era for the cryptocurrency industry, Yuga Labs appears to be following suit. The latter had already affirmed his support of him at The Merge and announced that he had accepted the creation of NFT on the basis of the Proof-of-Stake.

Source: Yuga Labs Twitter account

Non-fungible tokens are also subject to the changes generated by the merger. The Yuga Labs could consider its new collection as an opening project towards the brand new Ethereum ecosystem. For creators as well as buyers, The Merge doesn’t change much from an NFT implementation perspective as well as commissions. Contrary to rumors, denied by the Ethereum team, the latter should not see their price drop.

Only the impact of non-fungible tokens on the environment will now be mitigated. Whether this will allow digital artworks to regain their pre-crisis popularity and become more democratized remains to be seen.

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