It’s the final MintThe week prior to this weekend will be the most important. NFTs are closing out strong in today’s headlines, as Yuga Labs makes a massive acquisition and the entertainment industry continues to embrace NFTs.
It’s another bite-sized report to keep you up to speed on all things NFT from today. Let’s jump in.
Nightly Mint
Latest Mint: Bored Apes Meet CryptoPunks & Meebits In Massive NFT Acquisition
If you can’t beat ’em, join ’em. Yuga Labs, the creators of Bored Ape Yacht Club, are bringing in two of the biggest NFT projects that the space has seen in history – CryptoPunks, and Meebits – under their wing, according to an announcement today. Punks and Meebits will be acquired from Larva Labs (with undisclosed terms).
Yuga is now a major player in NFT, and holds the most important serialized NFT projects.
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While NFT growth projects continue to look for Ethereum alternatives, some of today's most important projects -- some of them consolidating today - remain Ethereum-based. Source: ETH-USD on TradingView.com | Source: ETH-USD on TradingView.com
More Music Madness, Courtesy Of AEG & Autograph
In yesterday’s MintWe covered the partnership between crypto exchange FTX and Tomorrowland, a mass-music festival. AEG, a live performance management company, announced today that it has signed a multiyear agreement with Autograph NFT platform. The partnership will kick off in two weeks at New Orleans’ BUKU Music + Art Project festival; AEG and Live Nation dominate the live performance industry, making today’s move a major milestone for NFT integration at live engagements.
The ‘Minty Fresh’ Take
Acquisitions like today’s move with Yuga Labs will likely be reflected on in future years as major milestones in the broader growth of the NFT market. Is consolidation possible in NFT?
NFTs will see a significant market split over the next few years. There will be M&A in the more centralized side around the IP of brands/startups and then a traditionalist decentralized side will also emerge with strong supporters.
— djohnson.eth (@DJohnson_CPA) March 12, 2022
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