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Huang Licheng’s Proposal To Purchase Yuga Assets With 11 Million APE and Issue Token DAM Was Approved

September 21st, the Snapshot governance interface shows that the proposal initiated by "Brother Maji" Huang Licheng to purchase Yuga assets with 11 million APE tokens has been approved with a 64.92% approval rate. The community will use 11 million APE tokens to purchase Yuga assets, including NFTs such as BAYC, MAYC, BAKC, and CryptoPunks, for exhibition and donation to art institutions to enhance the global dissemination of digital art. The APE distribution mechanism will be jointly determined with the APE Foundation.
NFT

Animoca Brands Japan and Honda Forge Partnership for NFT Fan Engagement at Japanese Grand Prix 2023

Animoca Brands Japan, a subsidiary of Animoca Brands Corporation Ltd, has partnered with Honda Motor Co., Ltd to offer fans and event attendees exclusive membership NFTs and limited-edition commemorative NFTs during events associated with the Japanese Grand Prix 2023. The distribution of these NFTs will take place during two significant events, including the FORMULA 1 Honda & Red Bull Welcome Event at Zepp Shinjuku, Tokyo, and the Honda booth located within the confines of the Japanese Grand Prix 2023 at the Suzuka Circuit.
NFT

Diesel Offers NFT Access Passes for Milan Fashion Week

Diesel has released 300 limited-run NFTs in collaboration with Public Pressure, a dedicated NFT music marketplace, for $60 each. The NFTs, held on the Polkadot and Polygon blockchains, offer exclusive access to Diesel's Spring 2024 collection at Milan Fashion Week, as well as music events and virtual experiences.

Coinbase Prime launches Web3 wallet

Coinbase Prime has launched its Web3 Wallet, providing institutional clients with access to cryptocurrencies, NFTs, dapps, and DeFi. The wallet is fully integrated into Coinbase Prime, allowing users to store tokens from supported networks, interact with dapps and smart contracts, trade assets on decentralized exchanges, participate in DAO governance, and manage NFT collections and web3 social accounts.

NFT-Linked Restaurant and Lounge Construction Halted in San Francisco Due to Macroeconomic Challenges

The Sho Group has cancelled its plans to build a restaurant and private members lounge in San Francisco that were linked to non-fungible tokens (NFTs). The venues were going to be located on Salesforce Park and accessible only to holders of the Sho Club NFTs. Despite strong demand, the company faced challenges due to rising construction costs and concerns from potential investors. In other NFT news, Rumble Kong League has partnered with NBA star Paul George and Stance to release limited edition HyperSocks featuring cartoon gorilla avatars.
NFT

BAYC's HV-MTL Mechs Begin Thrilling Gaming Hunt on September 7th

Starting from September 7th, players of HV-MTL Forge can participate in a new adventure called the HV-MTL Hunt by locating a "Rift" on their game board. To do so, they must expand their gaming arena until the Rift is visible. The HV-MTL Hunt requires HV-MTL NFTs, which are priced at around 0.5 ETH ($800) and offer access to virtual adventures and in-game perks. Players can also vote for the most justifiable Forges to earn "Amps" and evolve their gameplay.

Former OpenSea Manager Sentenced to Prison for Insider Trading Opts to Serve While Appeal is Pending

Nathaniel Chastain, a former product manager at OpenSea, has chosen to serve his three-month prison sentence for insider trading while his appeal is pending. Chastain withdrew his application for bail pending appeal and will self-surrender by November 2, as per the court's previous order.