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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!

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December 01, 2022

Ember Nuggets #48 | Nike announces .SWOOSH & The First NFT in F1 with Redbull Racing

Wondering what's the latest in crypto and Web3 news? We've got just the cure. Here are some fresh nuggets to fill you in!

November 21, 2022

October 2022 Recap Newsletter 📈

Welcome to the October 2022 Recap Newsletter! We hope everyone is safe & sound. Despite November being one of the wilder months in a while (given all the news), last month was a strong one for crypto.

November 16, 2022

Now Introducing: Recurring Deposits!

The Ember team is proud to announce the launch of our latest investing feature: Recurring Deposits

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