Times get tougher for Yuga Labs NFTs as gaming rewards fail to deliver

The post Times get tougher for Yuga Labs NFTs as gaming rewards fail to deliver appeared on BitcoinEthereumNews.com. Yuga Labs’ attempt to revive NFT collections with a gaming rewards system, but users were left disappointed. Bored Ape Yacht Club and Mutant Ape Yacht Club experience mixed results in floor prices and trading volumes. Despite the recent downturn in the NFT market, Yuga Labs aimed to rejuvenate its NFT collections through its gaming rewards system. Yet, it seems these efforts didn’t meet expectations. Is your portfolio green? Check out the ApeCoin Profit Calculator Still a long way to go for Yuga Labs For instance, the HV-MTL forge game fell short of users’ expectations. The total pool’s value was around 90k APE, leaving many holders disappointed with the rewards. Players had invested over 700k $APE into the game, but the rewards were perceived as underwhelming. While other events like Apes vs Mutants and Dookey Dash offered five-digit prizes, the rewards outside the top 500 in the HV-MTL forge game were relatively small, roughly equal to $45 USD. This was a letdown, considering the high expectations set by Yuga Labs in the lead-up to the game’s launch. This is the rewards pool for Yuga’s HV-MTL forge game. Total pool is worth about 90k $APE. Many holders are unhappy with the rewards. Why? Several reasons: 1) Players spent more than 700k $APE within the game. 2) Top rewards from other events were significantly more valuable… pic.twitter.com/jMylSo7ddR — wale.swoosh

Oct 15, 2023 - 05:00
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Times get tougher for Yuga Labs NFTs as gaming rewards fail to deliver

The post Times get tougher for Yuga Labs NFTs as gaming rewards fail to deliver appeared on BitcoinEthereumNews.com.

Yuga Labs’ attempt to revive NFT collections with a gaming rewards system, but users were left disappointed. Bored Ape Yacht Club and Mutant Ape Yacht Club experience mixed results in floor prices and trading volumes. Despite the recent downturn in the NFT market, Yuga Labs aimed to rejuvenate its NFT collections through its gaming rewards system. Yet, it seems these efforts didn’t meet expectations. Is your portfolio green? Check out the ApeCoin Profit Calculator Still a long way to go for Yuga Labs For instance, the HV-MTL forge game fell short of users’ expectations. The total pool’s value was around 90k APE, leaving many holders disappointed with the rewards. Players had invested over 700k $APE into the game, but the rewards were perceived as underwhelming. While other events like Apes vs Mutants and Dookey Dash offered five-digit prizes, the rewards outside the top 500 in the HV-MTL forge game were relatively small, roughly equal to $45 USD. This was a letdown, considering the high expectations set by Yuga Labs in the lead-up to the game’s launch. This is the rewards pool for Yuga’s HV-MTL forge game. Total pool is worth about 90k $APE. Many holders are unhappy with the rewards. Why? Several reasons: 1) Players spent more than 700k $APE within the game. 2) Top rewards from other events were significantly more valuable… pic.twitter.com/jMylSo7ddR — wale.swoosh

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