Are Bored Ape and Mushe NFT’s Good Acquisitions?

115
Are Bored Ape and Mushe NFT's Good Acquisitions?
Advertisement
   

Before the advent of cryptocurrency, people have been involved in one investment or the other. The stock exchange and real estate are just a few of them. However, today there is a rising interest amongst investors in the crypto space. Although crypto investment is considered volatile owing to the nature of the market, there is an increasing demand for it.

While thinking of investing, one must understand that cryptocurrencies and NFTs have some differences. Unlike cryptocurrency, every NFT is unique and cannot be directly swapped for another NFT. Also, on digital exchanges, NFTs are offered for sale but not traded like cryptos. Bored Ape NFTs have been alive for a long time and have generated investment interest.

However, Mushe (XMU) seems to be a prospective asset too.

Let’s proceed to learn more about these wonderful NFT assets.

Is Bored Ape The Choice Of Celebrities?

Bored Ape Yacht Club, nicknamed BAYC, is built on the Ethereum blockchain and has over 10,000 collections. Bored Ape NFTs are cartoon apes’ profile images that are created procedurally by an algorithm and are included in the collection.

Advertisement
   

Over the past 1.5 years, the Bored Ape Yacht Club has drawn a variety of celebrities and marking companies. Some of its fans wear the NFT artwork as a status symbol, while others use intellectual property to make and market their goods.

Owners of Bored Ape have used their work in various ways, some used it to make toys, clothing, virtual bands, while others used it to make alcoholic beverages and fast food restaurants, and more.

Each Bored Ape Yacht Club token originally cost 0.08 ETH, but by mid-October 2022, the price had increased to a minimum of 76 ETH.

Mushe NFT Ready To Impact The World

The Mushe has been newly launched into the NFTs space with the target of outperforming existing NFTs in the marketplace. Like every other digital asset out there, Mushe (XMU) is a decentralized token that supports peer-to-peer communication, incentive, and governance.

Having the people in mind, the Mushe community is designed to enable members to engage in the liquidity pool and earn extra income while rendering an exquisite user experience. Members of the $XMU will have every right to vote for or against any decision-making within the ecosystem.

This will remove ambiguity and boost participation and security.

According to inventors, the creation of Mushe (XMU) is geared toward increasing the general public’s access to digital assets to accelerate blockchain adoption. For this to be achieved, the Mushe platform is driven by a desire to impact society by teaching people about cryptocurrency and money management.

Similar to Bored Ape, Mushe is also built on the Ethereum network, but with the plan to switch to Stellar’s open network.

The reason being the Stellar blockchain has a track record of low transaction fees and financial inclusion for the underbanked population.

One of the features of Mushe is the Mushverse. The MusheVerse will join the NFT, P2E gaming, and other ecosystems that are fast expanding. This will make Mushe a one-stop place for NFT collections.

How To Purchase Mushe (XMU) Token

For newcomers looking to get involved and buy Mushe tokens, you will need a compatible ERC20 wallet such as Metamask or Trust Wallet, which will need to be connected to UniSwap, or you can use the MusheSwap website: https://swap.mushe.world/.

Once the wallet is connected to UniSwap, you will need to press the swap button and specify Mushe (XMU) contract address: 0x56123908ACA89bf60cE9659aE9F4589E46c8D2cF or you can click the link here: https://app.uniswap.org/#/swap?chain=mainnet&outputCurrency=0x56123908ACA89bf60cE9659aE9F4589E46c8D2cF.

After this, all that is left to do will be to confirm the amount of XMU tokens you would like to buy and the crypto you would like to exchange for it and complete the swap.

Learn more about Mushe (XMU)

Official Website: https://www.mushe.world/

Community Links: https://linktr.ee/musheworld

XMU Contract: 0x56123908ACA89bf60cE9659aE9F4589E46c8D2cF


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece.