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The world of Web3 (crypto currencies, NFT, DeFi…) is constantly changing. Every day, news comes out from the four corners of the globe. So it can be difficult to keep track of all of them. Nevertheless, thanks to Coin Academy’s articles, you can stay informed on the latest news continuously. This way, all the crypto news will no longer have any secrets for you.

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NFT: Yuga Labs, the founders of Bored Ape Yacht Club, boosted CryptoPunk sales by 1200% after acquiring the licensing rights

Yuga Labs bought the rights from CryptoPunks and grants Punk owners a full commercial license, sales of this NFT collection on Ethereum immediately exploded by 1200%. Yuga Labs had differentiated itself from its counterpart by including the licensing and commercial use rights to the NFT and returning them to the owner.