Yuga Labs Just Spent Untold Money to Consolidate the World's Biggest NFT Franchises. That Doesn't Mean It Can Buy Fandom

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Yuga Labs Just Spent Untold Money to Consolidate the World's Biggest NFT Franchises. That Doesn't Mean It Can Buy Fandom
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This week, the_gray_market side-eyes the idea that giving commercial rights to NFT owners will help turn CryptoPunks and Meebits into mainstream hits:

helped push its faithful into off-the-grid communities largely concentrated in the U.S.’s Mountain West region.

However, they’re still only being handed out among the same small club of Bored Ape holders. The clubhouse is unlikely to grow by leaps and bounds as long as the main way to get in the door is by copping one of a few thousand NFTs that recently cost at least $250,000.

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