🚀 Yuga Labs has just acquired the technology team from Tokenproof, a Web3 tokenization service, to develop the Bored Ape Yacht Club NFT and ApeCoin! 🐒

🔹 Tokenproof has been collaborating with Yuga since 2022, building the infrastructure to verify NFT ownership in the real world.

🔹 The Tokenproof team will join Yuga's R&D department, The Workshop, to advance the Otherside metaverse project.

📈 In November, NFT sales reached $562 million, the highest in 6 months! However, Kraken has shut down its NFT marketplace to focus on new products.

What do you think about the future of NFTs and crypto? Share your thoughts! 💬