Welcome back to the Distributed Ledger newsletter.
Hi everyone, welcome back to the Distributed Ledger newsletter. This is Anushree Dave, I write about digital assets at MarketWatch.
That piece of art was a Bored Ape, a cartoon... Hi everyone, welcome back to the Distributed Ledger newsletter. This is Anushree Dave, I write about digital assets at MarketWatch. That piece of art was a Bored Ape, a cartoon monkey photo that belongs to a larger collection of 10,000 unique avatars called The Bored Ape Yacht Club . The collection launched in 2021, at the pinnacle of the crypto bull market. Celebrities who jumped in on purchasing a Bored Ape included Jimmy Fallon, Stephen Curry, Tom Brady, Mark Cuban, and Gwyneth Paltrow, Snoop Dogg, and many others.
In May, the BAYC launched on Blend, a peer-to-peer lending platform that lets users borrow NFTs and repay them with smaller down payments. Around the same time, in what Gherghelas calls an “unfortunate coincidence” there was a controversy surrounding the Yuga Labs ecosystem. Yuga Labs, which owns the BAYC along with other crypto and NFT projects, introduced ApeCoin in 2022 as a crypto token to enhance gaming and commerce within the BAYC ecosystem.
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The Broke Ape Yacht Crash: Lessons for Justin Bieber and Other NFT CollectorsThe 82% decline in the floor price for Bored Ape NFTs is a wake-up call for investors, davidzmorris says. Opinion for the 'The Node' newsletter.
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Justin Bieber's Bored Ape Has Lost More Than $1.2 Million in ValueThe popstar shelled out almost $1.3 million for a teary-eyed NFT in January 2022. Less than two years later, it has lost more than 95% of its perceived value.
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Blue Chip NFT Bored Ape Yacht Club (BAYC) Floor Price Declines to Two Year Low | CoinMarketCapThe floor price of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection dropped below 30 ETH (around $58,128 currently) on Sunday, the lowest since October 2021.
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Ethereum NFT royalties hit two-year low as Bored Ape floor price falls below 30 ETHRoyalties from NFT collections hit a two-year low in 2023 according to blockchain data from Nansen.
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How to Eat Oats Every Day and Never Get BoredFrom savory to sweet the possibilities are endless with oats. Lukas Volger shares his tips on how to oatmeal interesting with milk, large batches, and broader toppings.
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The Benefits of Being Bored at WorkWhile boredom can be an unpleasant feeling, it can also be an opportunity to reflect on your interests, values, and goals. By recognizing the type of boredom you’re experiencing and identifying the underlying causes, you can take steps to address them and find new ways to engage with the world around you. Working with your boredom can also help you develop creativity, resilience, and the ability to adapt to new situations. So rather than trying to avoid or ignore your boredom, consider working with it as a valuable tool for personal growth and a way to lead a more fulfilling life. Based on the body of research exploring this emotion, the authors highlight some of boredom’s benefits and detriments and offer insights into how you might harness the best of boredom.
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