APENFT Announces Strategic Partnership With BAYCTron; Tron’s Justin Sun Follows Closely
September 26 2021 - 8:08AM
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After its highly anticipated marketplace launch, Bored Ape Yacht
Club Tron and APENFT Foundation joined forces through a strategic
partnership meant to incentivize further the development of
promising NFT works on the Tron ecosystem. This collaboration
arrives as BAYCTron kicks off its Mutant Apes minting campaign. A
series of 15,000 primate-inspired collectibles have been put up for
sale following a stunningly fast minting of 10,000 unique artworks
earlier this month. With its first collection, Bored Ape Yacht Club
Tron supported by Palmar Labs placed itself among the
fastest-selling collections on Tron network, only second to
Tronmeebits. “Counting on the support of APENFT Foundation means a
great deal for us. I believe anyone who’s been following the
development of the NFT landscape on Tron knows that APENFT has done
a great job at identifying the best projects out there, such as
Tpunks or Tronmeebits. Now, our unique apes are part of that
well-curated selection of artworks,” said Carolina Matusso, CMO at
BAYCTron. The APENFT Foundation is a curotial project focused on
registering world-class artworks as NFTs on blockchain. With a team
comprised of leading experts from Christie’s and Sotheby’s, the
foundation has managed to get hold of truly distinctive NFT pieces
by Pablo Picasso and crypto artists Beeple and Pak worth over $30
million. 🥳🥳Pleased to announce we have established strategic
cooperation with @BAYCTron which becomes another TRON NFT project
after Tpunk and Tron Meetbits. It is the first public support
object since APENFT announced the establishment of NFT Special
Fund. @Tronfoundation @BitTorrent pic.twitter.com/CrQyDCy408 —
APENFT (@apenftorg) September 22, 2021 When referring to BAYCTron,
APENFT wrote on Twitter: “It’s the first support object since
APENFT announced the establishment of NFT Special Fund.” According
to the company, the $100 million fund was created to “invest in and
support quality projects in fields including NFT, GameFi and
Metaverse.” In a recent press statement, APENFT also confirmed that
it will provide active assistance to these supported projects in
the areas of marketing and strategic product development. Shortly
after the official announcement, Tron founder and CEO of
BitTorrent, Justin Sun, shared the news with his 3+ million Twitter
followers. The Chinese American entrepreneur has been actively
showing support for the biggest NFT projects on Tron network, such
as Tpunks and Tron Meebits, and now Bored Ape Yacht Club Tron.
Earlier this year, the tycoon has purchased Joker-themed Tpunk for
a whopping $10.5 million. As of this writing, BAYCTron holds firmly
within the Top 3 most popular NFT projects on Tron network by the
number of holders, leaving far behind the previously mentioned art
players. As formerly reported, BAYCTron holders now have a
live marketplace to list, buy, and sell their beloved apes. And as
of this week, Bored Ape fans can also benefit from bidding
functionality, which unleashes the ‘true fun’ for marketplace
adepts. While more NFT artists and collections are added to Tron,
Bored Apes continues to make noise with its Mutants collection.
Just as in the first series, the minting cost is fixed at 1000 TRX
with the possibility to execute the operation both from web
browsers or mobiles. While this might not seem like a ‘big thing’,
paying attention to the user experience can be a rewarding choice
in a sometimes very dry crypto sphere.
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