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Why Is Yuga Labs Facing Backlash?

 



Yuga Labs, the developer of BAYC, unveiled new cooperation with blockchain-based game producer Animoca Brands. The hitch is that no information about the initiative has been released, and customers who subscribed for it through a KYC verification procedure have raised their worries on social media. BAYC posted a link to a webpage where curious fans may apply to join in whatever "is brewing." To subscribe, individuals must link to an Ethereum wallet, give a snapshot of their license, passport, or other identification. There is a lot of news going around on BAYC. Yuga Lab's founder is in the news. Why is Yuga Labs facing backlash? If you want more updates, register with Cryptoknowmics. 

Get More Details On BAYC


BAYC is a group of 10,000 NFT Apes. Each has its own set of characteristics. Some characteristics are more uncommon than others, implying that those who collect NFTs place a higher value on NFTs. By buying an Ape, you will own plenty of collections as well as additional benefits as a BAYC member in the future. With the help of a crypto airdrop, owners were able to transform their Apes into Mutant Apes. The mutants were further offered for purchase in an open sale for 3 ETH apiece. Approach Cryptoknowmics and get further updates on different types of NFTs.

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