Yuga Labs Hopes to Make $50M with New Mecha Apes NFT Collection

According to Protos, Yuga Labs intends to launch a new collection of NFTs by the end of this year called Mecha Apes with the intention of raising another $50 million. Previously, the company's sold-out 100,000-piece “Otherdeeds for Otherside” NFT collection, raked in a total of $600 million, with each deed sold at an initial price of $6,000.