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Taylor Swift e Drake adquiriram o Bored Ape NFT

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According to Reuters, Universal Music Group, the record company behind Taylor Swift and Drake, has acquired Bored Ape #5537, a non-fungible token from the very popular Bored Ape Yacht Club NFT series.

Music industry opening gates for NFT
Last month, the multibillion-dollar music company partnered with NFT platform Curio to generate digital artifacts for artists.

Earlier this month, Universal Music Group announced a collaboration with Billboard, a music and entertainment publication, to produce a collection of NFTs honoring notable chart records.

Back In November, the business teamed up with Bored Ape Yacht Club to develop “Kingship,” a virtual NFT band.

The notion isn’t new: the Gorillaz, the world’s first virtual band, was founded in 1998. The troupe of digital apes, on the other hand, will be performing in various worlds of the metaverse, allowing them to connect with fans directly.

APE’s Ups and downs
Bored Ape Yacht Club (BAYC), or simply Bored Ape, is an Ethereum-based non-fungible token (NFT) collection. The collection includes ape profile images created by a computer algorithm.

The parent company of Bored Ape Yacht Club is Yuga Labs. On April 23, 2021, the project began with a live pre-sale. Owners of a Bored Ape NFT have admission to a secret online club as well as intellectual property rights for their creations.

By 2022, the popularity of BAYC had been well recorded; sales of Bored Ape Yacht Club non-fungible tokens had surpassed $1 billion, and celebrities had acquired these non-fungible tokens. Online users have also been critical of the collection.

Following the debut of ApeCoin, the Ethereum-based governance token that is designed to underlie the whole ecosystem, the Bored Ape Yacht Club collection has lately gained attention.

The token lost its momentum and fell after climbing as high as $39.40 in the opening minutes of trade. APE is presently trading at $14.44 on major spot markets after cutting some losses.

Taylor Swift’s Video Director Turns Into Bitcoin Trader. Here’s How It Went

Cover image via josephkahn

In a tweet, American music video director Joseph Kahn reveals that he managed to earn $450 by experimenting with cryptocurrency trading.

Joseph Kahn, who has worked with megastars like Britney Spears, Lady Gaga and Taylor Swift, claims daytrading crypto has become his new hobby during the lockdown.

Related trading legend Peter Brandt says Bitcoin price is the most important technical indicator: ‘I trade the price, so it’s the price I study’ Pornography makes Bitcoin mainstream Director first tweeted about buying of Bitcoin in February.

.Now that the cryptocurrency market has fully recovered, Kahn plans to cash out his Bitcoin and Ethereum holdings, but he won’t give up on trading.

The 47-year-old Korean-American is hoping for another recession that would let him buy the dip. Related Bitcoin Whale Transfers Taylor Swift Net Worth For Less Than $1 Trading Cryptocurrencies Instead of Directing Videos Despite making very few feature films, Kahn has managed to gain celebrity status because of his pop culture impact and lashing out at Kim Kardashian on Twitter. Twitter.

After producing some of the most notable videos of the 2000s, such as Spears’ “Toxic”, he became even bigger in the 2010s, collaborating with Swift during her heyday. ‘Bad Blood’, a star-studded blockbuster, was named ‘Video of the Year’ at the 2016 MTV Video Music Awards.

So far, Khan has only produced one video in 2020 due to the pandemic. This creativity drought may explain its pivot to cryptocurrency trading. As reported by U.Today, former UFC champion Eddie Alvarez also bought Bitcoin in May, while Harry Potter author J.K. Rowling regretted asking Twitter to explain the cryptocurrency to her. #BitcoinNews

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