
Welcome to “This week in the metaverse,” where Fortune rounds up the most interesting news in the world of NFTs, culture, and the metaverse. Email [email protected] with tips.
One of the most notable companies in NFTs, Yuga Labs, released their first big project of 2022 this week, a collection of NFTs called Sewer Passes. The NFTs, which were gifted to existing Bored Ape Yacht Club and Mutant Ape Yacht Club owners, and have yielded more than $27 million (around 18,000 ETH), in secondary sales after it launched on Jan. 18.