NFT holders can earn millions through IP rights, says Apocalyptic Apes founder

NFT holders can earn millions through IP rights, says Apocalyptic Apes founder

Bill Starkov, the founder of Apocalyptic Apes, said that holders can earn a lot of money by licensing their nonfungible tokens. While the most common way to earn money in the nonfungible token (NFT) space is by flipping the tokens for profit, there are other opportunities to earn money with NFTs as the market continues to develop. In a Cointelegraph interview, Bill Starkov, the founder of Apocalyptic Apes and a Bored Ape Yacht Club (BAYC) member, talked about how NFT holders can license the intellectual property (IP) rights of the tokens. Citing BAYC as an example, Starkov noted that....


Related News

Nifty Newsletter: Mastercard to enable direct NFT purchase, NFT floor prices ...

Last week, Apocalyptic Apes founder Bill Starkov told Cointelegraph that NFT holders can earn millions by licensing their NFTs. This week’s newsletter highlights Mattel signing a multi-year partnership with an NFT marketplace, Mastercard planning to let cardholders purchase NFTs directly with their cards, and NFT holders being able to earn millions of dollars through intellectual property rights for their NFTs. Those investing in NFTs can also learn more about the drop in floor prices for prominent collections like Bored Ape Yacht Club (BAYC) and CryptoPunks, while this week’s Nifty News....

Vibed Streaming App: Earn Crypto For Streaming Music

That active participation will be rewarded in crypto indeed! Apes are often thought of as unintelligent and violent. In most cases, the popular notion is that apes pose a threat to human existence. And yet, anecdotal evidence from the field challenges such assumptions, suggesting for example that a class of Apes- the Orangutans- have good […]

Aave transfers governance to token holders

Aave’s core developers have transferred governance rights over to AAVE token holders, giving its community control over the future of the protocol. Aave has become the latest decentralized finance (DeFi) project to transfer governance rights to its token holders.On Oct. 29, Aave announced that the protocol's admin keys had been transferred from its core developers to governance communities under the command of holders of its native LEND utility token.“Today marks a historic moment for the Aave Protocol: we have officially handed over the protocol admin keys to the governance, an important....

'Code is not law': Seth Green thief stole Bored Apes, not the rights say experts

Green planned on using the BAYC in an upcoming TV series, and he has hinted he will go to court to get his Apes back if the new owner does not give it up. Austin Powers supporting actor Seth Green has sparked a debate over who owns the commercial rights to use a Bored Ape Yacht Club NFT, after his Apes were stolen and sold to another partyGreen tweeted on May 18 that four of his nonfungible tokens (NFT) including BAYC #8398, Mutant Ape Yacht Club (MAYC) #9964 and #19182, and Doodle #7546 were stolen from him after he visited a phishing site. Green, the creator of Robot Chicken and co-star....

100 NFT Collections Surpass $20 Billion in Volume — Cryptopunks, Bored Apes C...

Non-fungible token (NFT) assets were extremely popular this year and to date, there’s been more than $20 billion in volume recorded in terms of NFT sales among 100 collections. While many single NFTs sold for millions of dollars a number of NFT projects and collections saw hundreds of millions and even billions in all-time volume. According to defillama.com metrics, the popular NFT collection Cryptopunks captured $2.98 billion in all-time volume. 100 NFT Collections, 6 Chains, $20 Billion in Volume Numerous NFT collections have been very prominent in 2021 and have been....