Mushe has also followed the same footprints by Apecoin launching its XMU token and NFT collection targeting the high-end market. The non-fungible token (NFTs) space intertwines with Layer-1 blockchain protocols, such as Ethereum, Solana, and Avalanche, among other protocols. ApeCoin (APE), a non-fungible token (NFT) project associated with the popular Bored Ape Yacht Club, is a perfect example built on the Ethereum blockchain.
ApeCoin Review
In the past few months, the Bored Ape Yacht Club, or just Bored Ape, has become popular, attracting brands, public figures, and celebrities alike. The Bored Ape features a limited collection of 10,000 apes generated on the Ethereum blockchain.
Although many factors might have attributed to its mainstream adoption, Bored Apes are renowned for their marketing strategies and timing. The Bored Ape collection offers its holders unlimited access to an exclusive club dubbed Bored Ape Yacht Club.
The team behind Bored Ape utilizes NFT collections as membership cards to offer holders an exclusive members-only benefit. Although the functionality is enjoyed by a small group of NFT holders, it is the envy of many.
The Bored Apes are similar to traditional art, where people pay huge sums of money because of their love or emotional response to it. Art is also a form of investment, with many purchasing them for its rapid rise in value.
Notably, Bored Apes have done an impressive job in bridging the gap between traditional art and blockchain. These NFTs are renowned as investments that offer holders membership rights to an exclusive community.
The team behind Bored Ape recently launched its ApeCoin token, the instant success project that saw the significant resale value and would likely fetch higher prices in the future. Mushe (XMU), a peer-to-peer-decentralized network on Ethereum, has launched a new digital collectible that seems to be taking the NFT industry by storm.
Mushe (XMU) NFTs Overview
By design, digital collectibles overlaps with cryptocurrencies. In that case, the success of ApeCoin is tied to the success of the Bored Ape NFT collection. Mushe has also followed the same footprints launching its XMU token and NFT collection.
Mushe will allow its token holders to mint Mush NFTs, with a portion of minted NFTs used for collectible purposes while others are used for utility. The team will create more NFTs in the future to expand the platform and offer exclusive token holders added benefits.
According to the team behind the development, the Mushe wallet will secure the NFTs and other in-game items within the Mushe ecosystem. XMU tokens will allow holders to buy or mint NFTs representing real estate and advertisements.
The Mushe ecosystem will include Mushe wallet, Mushe chats, Metaverse Banking, Mushe DeFi, and Mushe NFTs. Nonetheless, the success of the Mushe token will determine the overall success of the entire NFTs, unlike in the ApeCoin, where its success depends on the success of the Bored Ape NFT collection.
In the meantime, investors can buy their XMU tokens in the Mushe presale. In the coming few weeks, Mushe will expand into play-to-earn games to offer holders a better position to enjoy the full benefits of the ecosystem.
Mushe NFTs and Bored Ape Yacht Club NFTs have potential and good chance to become the hottest NFTs on the Ethereum blockchain. Since these tokens are currently in presale, this is the best time for investment.
