Rumors of new Yuga Labs collection quashed, Budweiser celebrates the Merge and more

Yuga Labs co-founder Greg Solana, or Garga, has shot down rumors that the Bored Ape Yacht Club (BAYC) creators have plans to launch a new nonfungible token (NFT) collection dubbed Mecha Apes by the end of the year.

The rumors started swirling after Protos claimed to have obtained leaked documents detailing that Yuga Labs was looking at raising around $50 million from the sale of 100,000 tokenized land plots.

After the news was reported via various outlets online, Garga.eth noted it was all “fake news” via Twitter on Friday.

fake news https://t.co/KVMaO18IaF

— Garga.eth (@CryptoGarga) September 15, 2022

While the rumors have been quashed, given that Yuga Labs has hit the ball out of the park with each project it’s launched so far, and that it has outlined a broad vision for its metaverse, another NFT project from them in the future doesn’t seem like such a stretch.

Ultimately, Yuga Labs hopes to create an interoperable metaverse ecosystem in the Otherside that includes a virtual place for people to socialize, a host of game modes with play-to-earn aspects and a hub for users to receive key education on blockchain, NFTs and the Metaverse.

Yuga Labs is valued at around a whopping $4 billion, and to date, the BAYC NFTs have generated more than $2.4 billion worth of sales, while Otherdeed NFTs for the Otherside metaverse has fetched more than $1 billion.

Budweiser shares a toast to the Merge

Beloved beer manufacturer Budweiser has teased a limited run of beer cans featuring the firm’s Beer.eth Ethereum Name Service (ENS) domain name following the Merge.

Sharing a photo of a Budweiser can featuring “Beer.eth, king of NFTs” in the center on Friday, the firm tweeted that “This Bud’s for the Merge.”

This Bud’s for the Merge. pic.twitter.com/pNRLlmsNMs

— Budweiser (@budweiserusa) September 15, 2022

While the firm didn’t provide any further details on the cans, it initially created a select number for its NFT Beer Fest event in March.

Questioned by people how they could get their hands on the…

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