A subsidiary of the Rolling Stones NFT series will be distributing digital collectibles with BAYC on Wednesday, June 22. Non-fungible tokens (NFTs) around Mutant Ape Yacht Club (MAYC) will also be dropped. These NFTs will only be facilitated in ApeCoin for a total of $100 (roughly Rs. 7,832).
On Twitter, BAYC, the celebrity-favorite NFT collection wrote about its collaboration with Rolling Stone.
Among them, BAYC NFTs depict cartoonized, bored-looking apes. Snoop Dogg, Justin Bieber, Madonna, and Jimmy Fallon are among the celebrities who have received BAYC NFTs.
Rolling Stone had auctioned two digital magazines on its main page, along with 2,500 limited-edition physical paper zines featuring Bored Ape images. This was a semblance horror story.
This time, the auction of these tickets, which included one from each, will last for just four hours.
NFT-owning has become a popular cryptocurrency holder and celebrity, and platforms like the New York Stock Exchange have applied to operate as an NFT marketplace in the future.
The floor price of BAYC NFTs for example increased by more than 25 percent in March. The development was triggered after BAYC''s parent company acquired two other popular NFT collections, CryptoPunks and Meebits.
In 2021, the volume of NFT sales reached $25 billion (roughly Rs. 1,84,700 crore) as per reports.
In February, the world''s first NFT vending machine was established in New York City that allows non-crypto holders to purchase digital collectibles via their debit and credit cards.