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NFTs are seeing new fashion brands get involved, Bored Ape Yacht Club found it’s way to make headlines for more than one reason last week, and another crypto executive – this time with the biggest NFT marketplace out – is resigning.
These are just a few of the biggest stories around NFTs from the past week. Every weekend, we break out your dose of NFT action from the past week. Let’s review the latest.
This Week’s Non-Fungible Token News
Bored Ape Yacht Club’s Community Council
Yuga Labs is one of the most dominant names in NFTs, and this past week announced their seven-person community council – comprised of BAYC holders that are expected for formalize a voice to represent community members. Yuga Labs has suggested that this mechanism of community representation could also be integrated in it’s other projects, which include fellow blue-chip projects CryptoPunks and Meebits.
The council’s formation, which encompasses both BAYC and MAYC NFTs, was met with mixed reviews, generally approved from community members however.
Fashion Forward: Hugo Boss, Wrangler Join Growing List Of Fashion Brands To Engage With NFTs
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