bored ape yacht club 3d

THE BORED APE GAZETTE

#1 name in bored ape news , from ape to animator: bored ape yacht club members build and vibe after yuga labs releases the primates 3d files, in the day since yuga labs dropped the bored ape yacht club members' 3d files, apes have become animators, filling the timeline with art and vibes, things have been anything but boring around the swamp today as apes learned about blender, downloaded their primates’ 3d files, and aped into the world of animation.

“The @BoredApeYC was a PSYOP to teach degens 3D Animation,” BAYC member PaperDStudio joked.

As more and more apes begin to learn how to animate their pfps, the bayc released a new faq sheet about the avatars' three different file types and has shared two animation tutorial videos from bailey_tattoo and tropicalvirtual., “the bayc avatars are optimized for real-time applications, as well as usage for animation and rendering in digital content creation software like blender,” the club wrote. “the ape are provided 3 different formats, with similar underlying textures and meshes. they are all built with pbr materials with at least base color, occlusion, roughness, and metalness maps. some traits have additional texture maps like emission. the skeleton is based on the unreal 5 mannequin skeleton specifications. this makes import into game engines easy. for any stock animation or retargeting applications, follow that program’s specific instructions for using an unreal skeleton.”, as apes learn about animation and how to build weird shit, the made by apes business, other page, has added some dance moves to its platform that every bayc member can access by simply messaging them, “other page has entered the third dimension,” the company tweeted. “want to flex your 3d @boredapeyc without becoming a blender expert shoot us a dm to update your other page.”, the bored ape gazette is working to find out more about ape animation and will continue to follow all the weird shit the community makes with its 3d files. stay tuned for updates.

Boring Stories

What Is Bored Ape Yacht Club?

Understanding BAYC
BAYC's High Value
More Than an NFT

The Bottom Line

Cryptocurrency
Strategy & Education

Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a financial therapist and transformational coach, with a special interest in helping women learn how to invest.

Bored Ape Yacht Club, popularly called BAYC, launched in 2021, is a collection of 10,000 non-fungible tokens (NFTs) on the Ethereum blockchain . These NFTs are graphical representations of cartoon-like apes with specific traits. The characters have combinations of backgrounds, earrings, clothes, fur, eyes, expressions, and more that make them all unique.

Key Takeaways

Bored Ape Yacht Club is a non-fungible token (NFT) collection of 10,000 cartoon-like apes.
At launch, each Bored Ape Yacht Club token cost 0.08 Ether (ETH), or $220; by mid-October 2022, they cost 76 ETH, or approximately $100,418.
BAYC was developed in April 2021 by Yuga Labs, whose founders use the pseudonyms Gordon Goner and Gargamel.
Rarity and celebrity endorsement drove the high price of the BAYC collection.
Some consider BAYC a status symbol, and celebrities like NBA star Stephen Curry, singers Eminem and Snoop Dogg, and late-night show host Jimmy Fallon own one.

History of Bored Ape Yacht Club (BAYC)

The Bored Ape Yacht Club NFT was launched in 2021 at the pinnacle of the cryptocurrency bull market. Yuga Labs developed the Bored Ape Yacht Club. The Yuga Labs team comprised four core members who appeared under these pseudonyms in the early days of the launch: Gordon Goner and Gargamel (co-founders), No Sass, and Emperor Tomato Ketchup, who handled the technical aspects of BAYC.

BuzzFeed, a news publication, broke a story in February 2022 revealing two of the co-founders’ identities. This led the other two core members to also give up their incognito status and post pictures of themselves on X (formerly Twitter).

On March 11, 2022, Yuga Labs acquired the intellectual property for rival NFT collections CryptoPunks and Meebits, giving it ownership of the brand and logo of each of those NFT collections. CryptoPunks is one of the earliest NFT projects and was among the most valued NFT collections on the NFT marketplace OpenSea. It had a total trading volume of 1 million ETH before it was delisted in February 2022 for a copyright violation.

In a historic moment in September 2021, Sotheby’s , one of the world’s largest auction houses, closed its online auction for 101 Bored Ape Yacht Club NFTs at a price of $24.4 million.

Early Fundraising and Interest

In a fundraising round led by venture capital firm Andreessen Horowitz, the Yuga Labs team raised $450 million. In March 2022, it was reported to be valued at $4 billion. Yuga Labs planned to use the capital to expand its activities and accelerate brand growth.

When launched, a BAYC NFT cost 0.08 Ether (ETH), the native cryptocurrency of the Ethereum platform. That was equivalent to $220 at the time. It sold out within 12 hours. By mid-October 2022, it had climbed to a “floor price” of 76 ETH, or approximately $100,418. An NFT's floor price is the minimum price allowed for an NFT within a collection.

BAYC garnered interest from a few celebrities, who purchased the NFTs at inflated prices. Some high-profile stars who flaunt their BAYC include “Tonight Show” host Jimmy Fallon, who bought Bored Ape #599; NBA champions Steph Curry and Shaquille O’Neal; singers Snoop Dogg, Eminem, and Justin Bieber; and world-class soccer player Neymar Jr.

Contrary to popular belief, the images are not the non-fungible tokens. The tokens are a hashed version of the image's metadata, and the images are stored (hosted) elsewhere. The tokens are transferred when rights to the images are sold.

What Makes BAYC Valuable?

Whether the Bored Ape collection is truly worth millions of dollars has been hotly debated. Some believe the high valuations are simply based on speculation. But, in fact, rarity, demand, celebrity endorsements, perks, and project development have driven the collection’s value.

The array of BAYC’s unique traits and accessories are used to measure its value. The term “rarity” gauges how unusual an NFT is within a collection with an assigned number. In the BAYC collection, there are more than 160 traits, and each ape may have four to seven trait categories. These traits are background, clothes, earrings, eyes, fur, hat, and mouth.

The most expensive Bored Ape in the collection, BAYC #8817, was auctioned in October 2021 for $3.4 million on Sotheby’s Metaverse marketplace, an online platform dedicated to rare and extraordinary NFTs. BAYC #8817 had the Solid Gold Fur trait—making it a relatively rare variety of the NFT. Other characteristics of the #8817 token are the Silver Hoop Earrings and the Wool Turtleneck.

Celebrity Endorsement

BAYC has enticed several celebrities and brands to own pieces of its NFT collection. Adidas contributed to the hype surrounding the NFT collection by launching “Into the Metaverse,” its native digital collectible, in partnership with Bored Ape Yacht Club, Gmoney, and PUNKS Comic.

Following the partnership launch, BAYC uploaded an image of a Bored Ape wearing an Adidas jacket on X. Gmoney tweeted a silhouette picture that displayed the Adidas logo. PUNKS Comic tweeted a picture of a character wearing a shirt bearing the Adidas logo.

Other celebrities, beyond those already mentioned, who bought BAYC include billionaire Mark Cuban, prominent X personality and DJ Steve Aoki, X personalities and musicians Post Malone and Mike Shinoda, and producer and songwriter Timbaland.

Perks and Development

One of the distinctive features of the Bored Ape NFT, compared with other NFT collections, is the perks. Owners of Bored Apes have exclusive access to a private Discord group where they chat, network, and build relationships with other Bored Ape members, including celebrities who own a Bored Ape. Ape holders also have access to “The Bathroom,” letting them draw whatever comes to mind on a virtual bathroom wall every 15 minutes.

ApeCoin is the official currency for the Bored Ape ecosystem and is used to purchase BAYC merchandise, event tickets, and more. ApeCoin DAO is a decentralized autonomous organization whose members—every ApeCoin holder—govern the DAO’s treasury and decide on future projects by voting on proposals.

Also, owning a Bored Ape is considered a status symbol among many individuals, contributing to its popularity among a certain crowd.

The Future of Bored Ape Yacht Club

Bored Ape Yacht Club has a community of active members, and the NFTs are actively traded on marketplaces. The ApeDAO consistently votes on funding for different project proposals and is searching for ways to further involve itself in Web3 development.

As of July 2024, the BAYC appears to be positioning itself for the future, but what that future entails is anyone's guess. While funded and apparently popular among a specific crowd, the project has somewhat faltered in finding its place in the market after its initial successes.

How Much Are Bored Ape Yacht Club NFTs Worth?

The price floor for BYAC on July 25, 2024, was 9.30 ETH, which was about $30,000.

What Does a Bored Ape Give You Access To?

A Bored Ape NFT gives you access to the project's Discord channel and ApeCoin, which can be used in governance activities within the ApeDAO.

What Happened to Bored Ape Yacht Club?

The NFT collection still exists, and there is trading activity, but the NFTs in the collection have dropped in value compared to their highs in 2021. In July 2024, many were priced between $28,000 and $36,000, with a few in the $40,000 range.

BAYC has evolved into more than a profile-picture (PFP) NFT. It has set a new standard and pace for other NFT collections with the various additions and the project's evolution. Yuga Labs has introduced products built on the blockchain as well as physical products from the Bored Ape collection.

The comments, opinions, and analyses expressed on Investopedia are for informational purposes online. Read our warranty and liability disclaimer for more info.

OpenSea. “ Bored Ape Yacht Club .”

Yuga Labs. “ Let’s Make a NFT .”

Decrypt. “ The Biggest Celebrity NFT Owners in the Bored Ape Yacht Club .”

X. “ @BoredApeYC: Apr. 23, 2021 .”

BuzzFeed News. “ We Found the Real Names of Bored Ape Yacht Club’s Pseudonymous Founders .”

X. “ @TomatoBAYC: Feb. 8, 2022 .”

X. “ @SassBAYC: Feb. 8, 2022 .”

X. “ @yugalabs: Mar. 11, 2022 .”

OpenSea. “ CryptoPunks .”

Sotheby’s. “ Samsung’s State-of-the-Art 98 Inch Neo QLED TV on View at Sotheby’s .”

X. “ @Sothebysverse: Oct. 26, 2021 .”

X. “ @BoredApeYC: Nov. 28, 2021 .”

X. “ @gmoneyNFT: Nov. 28, 2021 .”

ApeCoin. “ ApeCoin Is for the Web3 Economy .”

Animoca Brands. " Animoca Brands Update on Financial Position as of 31 March 2024 ."

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NFT Bored Ape Yacht Club #3001 3D Model

Bored Ape Yacht Club #3001

NFT with feather

Animals & pets 3D Models
Art & abstract 3D Models
nftsculpture

An NFT collection of 3D apes will make music for the metaverse as a band called 'Kingship'

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A Universal Music label is launching a band of NFT apes into the metaverse.
The band will be called Kingship and will allow fans to listen to music and enjoy virtual experiences.
The band's characters will be marketed just like any other real musical group — with a backstory.

A musical group of non-fungible token apes is coming to a metaverse near you.

The band, to be called Kingship, is comprised of four digital apes who together will forge into the metaverse with new music, NFTs, and virtual experiences, according to a Thursday press release from 10:22PM, a label for the world's largest record company, Universal Music.

The apes in the band hail from the Bored Ape Yacht Club, a highly sought-after collection of 10,000 unique ape NFTs verified on the ethereum blockchain.

Buyers — like NFT collector Jimmy McNeils, who is supplying the apes for the band — have full commercial rights to the characters, Bloomberg reported .

The band's characters will include "a Mutant Ape and three Bored Ape characters," according to the release. And a team of crypto artists is working to make the 2D creatures 3D to help them "come to life," 10:22PM head Celine Joshua told Bloomberg, which first reported the story.

Joshua said her team will develop a marketing plan for Kingship, from telling the world how they met to who they are, just like how real-life artists are launched into the public eye.

"Through music and events across the metaverse, we will bring the Apes in Kingship to life by building communities and utility, and entertaining audiences around the world," she said in the release.

McNeils told Bloomberg he'd like "to see Kingship be one of the main ways the mainstream is introduced to NFTs in the metaverse."

The market for NFTs has ballooned this year. In the third quarter alone, NFTs scored $10.7 billion in trading volume, up from $2 billion in the prior quarter, according to DappRadar.

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Why Bored Ape Avatars Are Taking Over Twitter

On social media, agreements are tenuous and alliances fleeting. It pays to be as incendiary as possible—conflict drives more engagement than politesse or coöperation. But, at the beginning of May, Kyle Swenson, a twenty-five-year-old clothing reseller in Orlando, Florida, noticed a shift in the tone of his Twitter feed. An increasing number of accounts that he followed were changing their avatars to cartoons of apes: apes sporting sunglasses or bunny ears, apes with leopard-patterned or rainbow fur, apes smoking cigars or shooting laser beams from their eyes. Many wore blasé expressions or toothy grimaces. Some had cigarettes dangling from their mouths, or the red eyes of the deeply stoned. Amid the Twitter melee, the apes were chatting among themselves, chill and supportive. The avatars came from a Web site called Bored Ape Yacht Club , which had officially launched on April 30th, offering ten thousand unique iterations of the cartoon primates for sale as non-fungible tokens (N.F.T.s), each at a price of about two hundred dollars in Ethereum cryptocurrency. A Bored Ape N.F.T. “doubles as your membership to a swamp club for apes,” the site advertised, below an illustration of a ramshackle wooden building festooned with strings of multicolored lights.

Within a day after the launch, all ten thousand Bored Ape Yacht Club images had sold out. By the time Swenson decided that he wanted to buy one, on May 3rd, he paid around seventeen hundred dollars on OpenSea, an N.F.T. marketplace. His ape has a preppy look—sailor hat, gingham shirt, puffer vest—“similar to how I like to dress,” Swenson said. A few weeks later, he bought another. He had previously traded N.B.A. Top Shots, basketball-game highlight videos in N.F.T. form, but this felt more consequential. “It was fear of missing out,” he told me. “I was watching a lot of people whose opinions I valued on N.B.A. Top Shots change their picture to an ape.” Matt Galligan, the co-founder and C.E.O. of a messaging network for crypto called XMTP, who had managed to buy four Bored Apes during the launch, told me, “It became a status symbol of sorts, kind of like wearing a fancy watch or rare sneakers.”

An illustration of an ape sitting on a dock fishing.

Bored Ape Yacht Club’s initial batch of N.F.T.s brought in more than two million dollars. The collection has since seen almost a hundred million dollars in trading, with the cheapest apes often going for almost fourteen thousand dollars. In recent months, the project has inspired a wave of similar clubs and a mania for N.F.T. avatars among crypto-enthusiasts. Collectors can buy cutesy cartoon cats from Cool Cats , which released thousands of its own N.F.T.s on July 1st and sold out soon after. (Mike Tyson has one as his Twitter avatar .) They can buy angular sci-fi women from Fame Lady Squad , punkish ducks from SupDucks , 3-D-rendered pills from BYOPills , meme-ready shiba inus from The Doge Pound , and bonsai trees from Zenft Garden Society . New projects launch every week, hyping their wares on Twitter, the principal public home of crypto discourse, in the hope of selling out in turn. “Everyone saw the success of Bored Apes and started quickly dropping their own projects,” Aleksandra Artamonovskaja, the London-based founder of the curatorial consultancy Electric Artefacts, who has bought and sold a number of N.F.T. avatars, said. “I’m paying my rent by trading JPEG pictures on the Internet. That’s what I tell my parents.”

Each avatar club is a strange combination of gated online community, stock-shareholding group, and art-appreciation society. When one ape (or cat or pill or alien) is bought for a high price, the perceived value of all ten thousand authentic N.F.T.s in the set rises, the same way a painting fetching a record price at auction might increase the value of an artist’s entire œuvre. When a buyer makes his Twitter avatar an image from a new N.F.T. club, it’s a sign of allegiance, and also a signal to other buyers in the club to follow him on social media. (“I changed my picture to the ape and I got hundreds of Twitter followers the first day,” Swenson said.) The center of most clubs is Discord, the real-time chat app. Bored Ape Yacht Club’s Discord server has more than thirteen thousand members—fans as well as N.F.T. owners—and hosts constant discussion in channels such as #crypto-talk and #sports-bar. The mutual investment, both social and financial, forms a kind of bond among club members within the wider Internet bedlam.

“When everyone’s got skin in the game, it creates a new dynamic, as opposed to everyone being able to say what they want and critique everything without consequence,” Drew Austin, a technology investor who owns three Bored Apes and co-owns two others, told me. That sense of community has been missing from the Internet, according to Bored Ape Yacht Club’s founders. Contrary to their reputation for superfluousness, N.F.T.s can help fill the void. “We want your Bored Ape to be your digital identity,” Gargamel, one of the founders, told me during a recent video chat. It’s a collectible not to hang on the wall or exhibit on a shelf but to populate the tiny square or circle of screen space that’s supposed to represent your self.

Gargamel and his co-founder, Gordon Goner (both go by pseudonyms), are unlikely tech impresarios. Before starting Bored Ape Yacht Club, Gargamel was working as a writer and editor. Goner was planning to attend an M.F.A. program but fell ill and took up cryptocurrency day trading instead. The pair, both thirtysomething, are “literary nerds,” according to Gargamel, who wears wire-rimmed glasses and a carefully trimmed goatee. They grew up in Miami and met, a decade ago, while drinking at a bar. Goner, who has tattoos covering his chest, told me, “We got into a big screaming match about David Foster Wallace.”

By the time Gargamel and Goner began brainstorming an N.F.T. project, early this year, avatar clubs were a nascent trend. Gargamel and Goner were familiar with CryptoPunks, a batch of ten thousand pixelated figures, which became the blue-chip art of the N.F.T. market after their release, by a company called LarvaLabs, in 2017. CryptoPunks, which now can sell for as much as two hundred thousand dollars apiece, weren’t originally the basis for a social avatar club, but some collectors ( including Jay-Z ) use them as avatars—flaunting one as your profile pic, or “P.F.P.,” was the ultimate symbol of digital cachet. “It’s like having a Harvard degree in the N.F.T. space,” Austin, who owns two, said. Gargamel and Goner also noticed the success of Hashmasks, an artistic venture that sold 16,384 N.F.T. images in January for a total of more than sixteen million dollars . Both of those projects were closed systems; their developers didn’t promise any expansion beyond the initial, limited release. Gargamel and Goner sought an idea they could keep growing over time. “We were seeing the opportunities to make something with a larger story arc,” Gargamel said.

One early idea that the duo considered was CryptoCuties, a set of N.F.T. “girlfriends,” but it struck them as too pandering—not to mention creepy. (The male-dominated crypto world can sometimes feel like a frat house; the creators of one recent avatar project drew criticism, and later apologized, for featuring female figures with darkened eyes and duct-taped mouths.) Another concept was a shared digital canvas: anyone who bought in could draw on it. But that seemed liable to be treated like a bathroom wall at a dive bar. “The first thing someone’s going to draw up there is a dick,” Gargamel said. The image of an online dive bar stuck with the pair, though, and from there a science-fictional story line took shape. The year is 2031. The people who invested in the early days of cryptocurrency have all become billionaires. “Now they’re just fucking bored. What do you do now that you’re wealthy beyond your wildest dreams?” Goner said. “You’re going to hang out in a swamp club with a bunch of apes and get weird.” Why apes? In crypto parlance, buying into a new currency or N.F.T. with abandon, risking a significant amount of money, is called “aping in.” “We also just like apes,” Goner told me.

An illustration of the interior of a bar.

Avatar projects up to that point tended to employ low-resolution, often pixelated imagery, in the style of eight-bit video games. Whether of people or monkeys or ghosts, the figures were fairly generic. Bored Ape Yacht Club, by comparison, created rich and detailed iconography drawn from its founders’ personal tastes. The setting of an Everglades “yacht club” (an ironic appellation) was meant to evoke places like Churchill’s Pub, a well-worn Miami music venue that Gargamel and Goner frequented. “We were deeply inspired by eighties hardcore, punk rock, nineties hip-hop,” Goner said. “We’ve been calling ourselves the Beastie Boys of N.F.T.s.” From the scenes of an apocalyptic tiki bar on its Web site to the jaunty style of the apes themselves, Bored Ape Yacht Club felt more like the plans for a triple-A video game than an assortment of isolated N.F.T.s. The combination of sophisticated visuals, subcultural fashion accessories (shades of Hot Topic), and literary pretension made the Bored Ape universe catnip to a certain crypto-bro demographic. “We took lessons from the Hemingway iceberg theory,” Gargamel told me. “Ten per cent visible at the top, with all the scaffolding built out beneath.”

Gargamel and Goner brought on two other friends, programmers who go by the names No Sass and Emperor Tomato Ketchup, to handle the necessary blockchain coding. To execute the project’s graphics, they hired professional illustrators, which accounted for most of their upfront costs (around forty thousand dollars, according to the group). As with many avatar clubs, the cartoon ape features were then fed into an algorithmic program that randomly generates thousands of images with unique combinations of bodies, heads, hats, and clothes, like digital dress-up dolls. Certain traits—rainbow fur, laser eyes, togas—show up only rarely, making apes that sport those looks more desirable, and thus more valuable. Each image remained hidden until the initial collector paid for it, so buying one was a bit like playing a slot machine—get an ape with the right alignment of traits and you can profit wildly by flipping it. It’s also a bit like participating in a multilevel marketing scheme. Often, a small number of crypto-whales buy hundreds of N.F.T.s apiece and then sell off their hoards when the price rises; new collectors must constantly be found in order for prior ones to profit.

Plenty of N.F.T. projects fail, or simply don’t spark a secondary market. Creators have been known to “rug-pull,” abandoning a venture and absconding with collectors’ money. Artamonovskaja, the founder of Electric Artefacts, speculated that Bored Ape Yacht Club caught on because of its relative accessibility. “No one can afford a CryptoPunk,” she told me. The apes seemed like the next best thing to buy—“a cool avatar for a decent price.” Artamonovskaja flipped an ape for around fifteen hundred dollars soon after the launch, which she now regrets; the same one (wearing a Bored Ape Yacht Club-branded baseball cap, with a pop-punk vibe) is currently fielding offers for upward of twelve thousand dollars.

For the founders, who netted two million dollars with their initial sale, releasing new N.F.T.s is not unlike printing money. The winsome goofiness of the imagery belies the amount of capital at stake. Austin, the investor, told me that he approaches buying avatars like he’s “diligencing a venture deal, which is funny because I’m looking at a fucking Bored Ape.” Still, Goner told me that he and the other founders don’t like to think of the apes as “investment vehicles.” He added, “If you think of it in terms of artists and weirdos running a hedge fund, that’s going to give us a heart attack.”

As with many crowdfunded projects, the creators of each N.F.T. club present a “road map” for prospective buyers prior to launching, explaining what they will do with the money they raise. They promise YouTube channels, donations to charities, extra N.F.T.s for collectors, and physical merchandise. Bored Ape Yacht Club has sold branded baseball caps, donated hundreds of thousands of dollars to ape sanctuaries , and offered each collector a dog N.F.T., courtesy of the Bored Ape Kennel Club. But it was also one of the first clubs to offer individual buyers the commercial rights to the apes they own: each member is allowed to brand his own projects or products and sell them independently. In the three months since the club launched, Bored Ape owners have put the cartoon primates on lines of craft beer and created animated YouTube series , made painted replicas , and designed skateboard decks . Kyle Swenson, the clothing reseller, launched a publication called the Bored Ape Gazette, to cover the community. One owner named their ape “Jenkins the Valet,” gave him a backstory as the Yacht Club’s chief gossip, and is crowdfunding an ape-themed novel. (N.F.T.s aren’t wholly secure—ownership is denoted only by a line of code on the blockchain, and anyone can theoretically copy an ape image and use it as an avatar. But the clubs police such appropriation. “Crypto Twitter has this understanding: you just don’t steal someone’s avatar,” Artamonovskaja told me.)

For most brands that produce culture, whether Supreme streetwear, Marvel superheroes, or pop music, letting intellectual property circulate freely is verboten; exclusivity is the business model. The Bored Ape Yacht Club founders, by contrast, see their openness as an asset. “Anything that people create with their apes only grows the brand,” Goner said. Just as Silicon Valley startups obsess over software that is “scalable,” growing exponentially to serve more users, N.F.T. clubs aim for scalable culture; like open-source software, their cultural creations can expand organically through the efforts of many users while remaining recognizable, resulting in a kind of user-generated mythology. Dom Hofmann, the co-founder of the now defunct social network Vine and the creator of an N.F.T. club project called Blitmap, told me, “It’s taking a gamble on the idea that, in aggregate and over time, the fans might know what’s best for the universe that they care about.” Austin, the investor, envisioned Bored Ape Yacht Club as a potential “decentralized Disney” of the future.

In part, it’s this possibility that makes buying into N.F.T. clubs so desirable: purchasing the hot new avatar might be like acquiring a small fraction of the rights to the next Mickey Mouse. But, as for the punk bands that inspired Bored Ape Yacht Club, getting too big can be read as selling out. What makes a group cool and what makes it rich do not necessarily align. Galligan, the startup founder, has kept two of his four Bored Apes. One of them, a creature in a beanie and heart-shaped sunglasses, is set as his Twitter avatar—for now. “The more it’s associated with status, the less I feel inclined to keep it,” Galligan said. “If a club’s only purpose is ‘number go up’ ”—the crypto chant for rising prices—“well, that’s kind of lame.”

A previous version of this article mischaracterized the origin of CryptoPunks.

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MIAMI--( BUSINESS WIRE )--Yuga Labs, the creators of Bored Ape Yacht Club, along with game developer and publisher Faraway, have announced the global launch of Dookey Dash: Unclogged . The game was made available in select regions ahead of today’s global release. Unlike the original game which required an NFT to play, the sequel is open to the public, giving anyone the opportunity to enter a seasonal tournament with over $1 million in prizes.

Yuga Labs released the original Dookey Dash in January 2023 and required ownership of a Sewer Pass NFT to play. Players with the highest scores qualified for rewards, which included the top prize of a digital one-of-one Golden Key awarded to Twitch streamer Mongraal, who sold the key for $1.6M.

“The first release had an amazing response, so it made sense to expand beyond web3. Dookey Dash: Unclogged is a casual, intuitive game that anyone can enjoy, but the token-gating can be a restrictive entry point. In the sequel, anyone can play whether they are an NFT-holder or not,” said Faraway Chief Product Officer Spencer Tucker.

Players who don’t qualify for the seasonal tournament still have ample opportunities to win each week with competitions for other prizes. In-game content such as boosts, coins, and skins round out the rewards in both weekly and seasonal competitions.

Dookey Dash: Unclogged is not just a game; it's a gateway. “This is how we get Yuga and Bored Ape Yacht Club into a million pockets. For the first time, we’re opening up the ecosystem to anyone with a mobile device,” added Yuga Labs CEO Greg Solano.

New to Dookey Dash: Unclogged is the “creator mode” feature. The integration of Faraway’s Creator Suite empowers players to upload 3D models or 2D art and create on-chain avatars, vehicles, stickers, and more as playable in-game content. These assets can be sold on Faraway’s Shop and used in over 9,000 gaming experiences, providing monetization opportunities for creators and interoperable owned content for players.

“Whether you’re a pro gunning for the ultimate prize, a casual gamer looking to enjoy the campaign, or a content creator looking to build your brand and monetize your work, Dookey Dash has something for everyone,” said Yuga Labs CEO Greg Solano.

The game’s first season kicks off today with weekly recurring in-game leaderboard events where players compete for Golden Plungers, an in-game asset that grants the player access to an end-of-season esports tournament where qualified players compete for $1 million in prizes.

About Yuga Labs

Yuga Labs is the leading web3 lifestyle and media company offering creative brand IP/NFT projects, gaming, and community experiences. Guided by the belief that the potential of web3 can be realized when we start with imagination, not limitations, Yuga’s initiatives aim to reinvent what NFTs look like and push the space forward as a whole. Yuga Labs’ mission is to build culture on the blockchain, and owns the IP to the most significant projects in web3, including Bored Ape Yacht Club, MAYC, CryptoPunks, 10KTF, Meebits, and PROOF Collective.

Since their launch in April 2021 with flagship collection Bored Ape Yacht Club, they’ve made headlines as one of the first companies to release IP licenses to their NFT holders, acquired and released rights to other top collections (CryptoPunks and Meebits), and made web3 history with record-breaking synchronized player participation in Otherside. One of the most ambitious interactive metaverse projects to date, Otherside is built with the community, rebelling against traditional walled gardens in gaming spaces.

About Faraway

Founded by veterans from Glu Mobile and Scopely, game developer and publisher Faraway is building the premier interoperable gaming ecosystem that combines original IP, a robust developer platform, and a portfolio of games that spans a wide audience of players and features interoperable player-owned content. Games within the Faraway ecosystem include Mini Royale: Nations, Legends of the Mara, Dookey Dash: Unclogged, HV-MTL, Shatterline, Rebel Skies, Serum City, and more. Faraway is backed by a16z, Lightspeed Venture Partners, Sequoia Capital, Pantera Capital, among other top funds in gaming and crypto.

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Yuga labs and faraway release "dookey dash: unclogged".

Sequel to endless runner game opens for anyone to compete for a $1 million prize pool.

MIAMI, September 19, 2024 --( BUSINESS WIRE )--Yuga Labs, the creators of Bored Ape Yacht Club, along with game developer and publisher Faraway, have announced the global launch of Dookey Dash: Unclogged . The game was made available in select regions ahead of today’s global release. Unlike the original game which required an NFT to play, the sequel is open to the public, giving anyone the opportunity to enter a seasonal tournament with over $1 million in prizes.

"The first release had an amazing response, so it made sense to expand beyond web3. Dookey Dash: Unclogged is a casual, intuitive game that anyone can enjoy, but the token-gating can be a restrictive entry point. In the sequel, anyone can play whether they are an NFT-holder or not," said Faraway Chief Product Officer Spencer Tucker.

Dookey Dash: Unclogged is not just a game; it's a gateway. "This is how we get Yuga and Bored Ape Yacht Club into a million pockets. For the first time, we’re opening up the ecosystem to anyone with a mobile device," added Yuga Labs CEO Greg Solano.

New to Dookey Dash: Unclogged is the "creator mode" feature. The integration of Faraway’s Creator Suite empowers players to upload 3D models or 2D art and create on-chain avatars, vehicles, stickers, and more as playable in-game content. These assets can be sold on Faraway’s Shop and used in over 9,000 gaming experiences, providing monetization opportunities for creators and interoperable owned content for players.

"Whether you’re a pro gunning for the ultimate prize, a casual gamer looking to enjoy the campaign, or a content creator looking to build your brand and monetize your work, Dookey Dash has something for everyone," said Yuga Labs CEO Greg Solano.