âThe NFTs have become a reserve of culture. There are very few icons that can represent the burgeoning world of NFTs as powerfully as Bored Ape Yacht Club, which is why we as a group and as a whole have a significant number of them, âhe said. declared the executive chairman.
Animoca Brands Corporation Ltd and Bored Ape Yacht Club (BAYC) have joined forces to develop and publish a blockchain game using BAYC’s popular Bored Ape non-fungible (NFT) tokens.
Bored Ape Yacht Club has a collection of 10,000 NFT images that have taken root in popular culture, garnered attention and set a sales record of US $ 26 million for crypto art sold by the auction house to Sotheby’s fine art auction.
Yuga Labs – the creators of Bored Ape Yacht Club – has established one of the most dedicated communities in the NFT market, producing NFT collections valued at over $ 3 billion.
Collaborate on a “cultural milestone”
Animoca Brands Co-Founder and Executive Chairman Yat Siu commented, âNFT has become a culture store. There are very few icons that can represent the burgeoning world of NFTs as powerfully as Bored Ape Yacht Club, which is why we as a group and as a whole have a significant number of them.
“We are incredibly excited and proud to collaborate on a game for this cultural milestone.”
Each NFT Bored Ape is unique and systematically generated from over 170 possible traits, including expression, headgear, clothing and more. NFT Bored Ape gives their owners access to member-only benefits, ranging from merchandise sales to exclusive events.
The NFT Bored Ape were initially sold at 0.08 Ethereum (ETH), but generated enough fury in the community with their revolutionary styling that Bored Ape # 8817 sold for $ 3.4 million at Sotheby’s in October. .
“Animoca Brands is a pioneer”
âWe are delighted to be working with Animoca Brands to develop the BAYC universe and expand the utility and benefits available to all NFT Bored Ape holders,â said a spokesperson for Yuga Labs.
âAnimoca Brands is a pioneer in the blockchain gaming space with a proven track record in delivery. We look forward to sharing more with the community what we are building.
The new game is slated for release in Q2 2022 and will feature gameplay mechanics to win.
Bored Ape Yacht Club is a collection of 10,000 Bored Ape NFTs (non-fungible tokens) on the Ethereum blockchain that have become entrenched in popular culture.
Created by Yuga Labs, each Bored Ape NFT also serves as an exclusive club membership, giving owners access to perks ranging from merchandise to events.
Commonly known as BAYC, the collection launched in April 2021 and has expanded to include the Bored Ape Kennel Club (BAKC) and Mutant Ape Yacht Club (MAYC) derivative collections.
Animoca Brands is a leader in digital entertainment, blockchain and gamification that drives digital property rights through NFTs and games to help build the open metaverse.
It develops and publishes a broad portfolio of products, including the REVV token and the SAND token; original games and products using hundreds of popular intellectual properties.
Animoca Brands has a growing portfolio of over 100 investments in NFT-related companies and decentralized projects that help build the open metaverse, including Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Bitski, Harmony, Alien Worlds , Star Atlas and others.