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November 23, 2021

Bored Apes and Content Creators

Bored Ape Yacht Club is a party that keeps going from NFT Summer. The project has had multiple collaborations with incumbent players in content, publishing and auction houses. They engaged with Sotheby’s and had great success. Most recently, they partnered with Rolling Stone to sell two special covers. Additionally, last week Universal Music Group acquired 4 apes to launch a virtual band. We are not sure how sustainable the price appreciation is for the NFT assets, but the community is highly engaged and the team is executing at an extraordinary clip.

The floor price of BAYC saw strong price appreciation rising from 30ETH to 50ETH, especially in a time when the market has seen NFT volumes and price decreases, along with a correction in the broader crypto market. MAYC also has seen its floor price rise from 4ETH to 7ETH. We see BAYC as the Supreme of the NFT space, and a case study for how to build an NFT community from 0-1.

Only downside – it’s hard to afford an ape at 50ETH. But if you can, you'll join the likes of Jimmy Fallon and Steve Aoki who have recently purchased and shared their apes on crypto-twitter.

Thank you for reading!

Don't forget to come into the app tomorrow to continue learning about crypto! 

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June 27, 2022

Ember Nuggets #37 | The Fallout of CeFi Crypto Platforms 📉

Happy Monday, everyone! In this edition of Ember Nuggets, we'll be covering the fallout of CeFi crypto platforms, a quick look into Web3 cell phones, and a macro market update.

June 24, 2022

Mining Season 4 Is Right Around the Corner! ⛏️

Thank you to everyone who has participated in the third season of the mining program! The Ember team is proud to announce the start of Mining Season 4!

June 22, 2022

May 2022 Recap Newsletter 📈

Welcome to the May recap! It's been a wild month in the space, but we remain bullish on the long-term outlook.

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