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Non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) will be launching a new intellectual property tool with an on-chain verification solution for builders within the BAYC community.  Bored Ape Yacht Club, in partnership with blockchain protocol SaaSy Labs, will debut a new solution called Made by Apes “later this month.” The solution is aimed to enable BAYC members to seamlessly verify on-chain projects they are building while they can also have an official directory of all their creations.  While there was no further information on how the on-chain verification process will work, Greg Solano, co-founder of Yuga Labs — the company behind the NFT collection BAYC — believes that the new IP tool will benefit community members.  You might also like: Yuga Labs wins trademark case against Bored Ape interloper As much as folks in the club have been building with their IP, there hasn't been an easy, on-chain way to verify these items or an official di...

The social media realm has been reigned over by behemoths including Instagram, Twitter , and Facebook. Even though Verification s like “blue check marks” were initially provided to prominent users, including celebrities and artists, nowadays anyone can buy a Verification . Also read: Shiba Inu’s Kusama Drops Hints on Shibarium Release, BONE Spikes by 9.5% This trend was set by Twitter , which launched Twitter ’s blue subscription and also the gold Verification for businesses. Now, other social media platforms have begun to copy this trend. This has also become an additional source of income for these social media platforms. According to the latest announcement on the official Meta channel, Instagram will start selling Verification for $11.99 per month. JUST IN: Instagram to start selling Verification for $11.99 / month. — Watcher.Guru (@WatcherGuru) February 19, 2023 Instagram to roll out verification service this week Mark Zuckerbe...