ICYMI: Bored Ape startup plans virtual land sales, APECoin token to kickstart metaverse gaming project
Yuga Labs is projecting net revenue of $455 million this year, chiefly through virtual land sales that will kick off this month.
According to the document, Yuga made a cool $127 million in net revenue last year, a figure it projects will reach $455 million in 2022 — chiefly through proceeds from the virtual land sales. There will be a system — described as an “in-game app store” — that will allow players to create characters using NFTs they own or from scratch, outfit them , and use them in games, according to the deck.
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