Latest Bored Ape Kennel Club News
Yuga Labs is acquiring Roar Studios, merging gaming, social media, and metaverse expertise.
The Deets
- Roar Studios develops ROAR, a real-time media experience platform for artists and fans
- Roar’s tech and expertise will boost Otherside, Yuga’s metaverse project
- Roar's founder, Eric Reid, will become the General Manager of Otherside
- Reid's two-decade experience in film, TV, and music content distribution will enrich Yuga's leadership team
The Bulk
Yuga Labs is now broadening its horizons by acquiring Roar Studios. Roar Studios is known for ROAR, an innovative real-time platform where artists and fans can interact, collaborate, and compete from anywhere in the world.
Roar Studios, with its team of skilled audio, game, and AI engineers, has managed to carve out a unique product category in the metaverse. By blending innovative proprietary technology with established MMO game and platform systems, they've crafted a semi-autonomous music and entertainment world that's driven by individual content creators and community consensus.
As Yuga Labs moves forward with the development of Otherside, an interoperable metaverse, Roar Studios' cutting-edge technology, specialized skills, and leadership will be an invaluable asset.
Following the acquisition, Roar Studios' Founder and CEO, Eric Reid, is set to join Yuga as the General Manager of Otherside. Drawing on his extensive experience in creating and distributing content for global audiences, Reid will work in conjunction with Yuga's seasoned executive team to advance the vision and production of the platform.
🖼️ The Big Picture
The collaboration of Yuga Labs and Roar Studios paves the way for a transformative, community-driven media experience within the metaverse, fostering creative content creation and deeper social connections.
🎤 Founder Feedback
Roar Studios has redefined what it means to experience media content in the metaverse. Roar's dedication to creative content creation and social connections will accelerate our execution of our bold vision for Otherside and Yuga's ecosystem more broadly.Daniel Alegre, CEO of Yuga Labs
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The official BAYC account announced that the HV viewer is now live at garage.hv-mtl.com.
The Deets
- The HV viewer shows the traits (body, back attachment, weapon system, etc.) in a garage setting.
- The site can be accessed via a warm wallet connection.
❗ Why It Matters
The new site shows HVs and their individual traits, but in a more immersive experience than on a marketplace like OpenSea.
About an hour prior, BAYC also tweeted a teaser video involving HV-MTL and the Bored Ape Kennel Club collection, with the caption "Ape follow….?". After a few weeks of silence since the HV-MTL Evo 1s were revealed, Yuga is now signaling that the activations around HV-MTL are likely to ramp up soon (it is June, after all).
🎬 Take Action
If you're a holder, check out where your HV is parked at garage.hv-mtl.com.
🕳️ Go Deeper
Today, Blur announced that both the Bored Ape Kennel Club and Otherdeeds collections will be live shortly on the Blend platform.
The Deets
- Users can buy a Bored Ape Kennel Club dog with BNPL for 0.36 ETH (at the time of writing, which is lower than the initial 0.6 ETH Blur had listed) and get 3.5 ETH for a BAKC loan.
- Users can buy a new Otherdeed for 0.09 ETH with BNPL and get 0.9 ETH for an Otherdeed loan.
❗ Why It Matters
With MAYC and BAYC already on Blend, it's no surprise that the other Yuga Labs collections, BAKC and Otherdeeds, were also added.
🎤 Community Quotes
People. Stop buying projects when they get added to Blend. The data is crystal clear at this point. It does not lead to pumps. pic.twitter.com/7KTnIjC77Q
— NFTstatistics.eth (@punk9059) May 24, 2023
🧠 Learn More
- Blur Adds Pudgy Penguins To Blend Platform (May 23, 2023)
- Kanpai Pandas, Redacted Remilio Babies Next Up on Blend (May 22, 2023)
Bored Ape Yacht Club No. 4980 sold for 530 ETH or approximately $970,000 earlier today.
The Deets
- BAYC No. 4980 NFT was sold at a 16% premium over its DeepNFTValue of Ξ456.79 ($837.7k).
- The sale realized a profit of 524 ETH for the seller.
- The Ape was purchased by "PimpCapital."
- The sale took place on X2Y2, and no royalties or fees were paid.
The Details
BAYC No. 4980 is one of 46 apes with a "Solid Gold Fur" trait which makes it one of the rarest in the collection. The seller held the NFT for about two years from its last purchase.
The sale marks the largest since BAYC No. 5230, which sold on April 20 for 300 ETH.
📊 By the Numbers
Bored Ape Yacht Club currently holds a floor price of 47.20 ETH, down about 12 percent in the last 30 days. The collection has experienced a small boost since being added to Blur's Blend platform earlier today.
🧠 Learn More
BAYC tweeted a brief teaser video that shows 80+ possible traits across the different HV-MTL mech types.
Fewer than a trillion possible combinations. pic.twitter.com/6GHVeUZbMI
— Bored Ape Yacht Club (@BoredApeYC) April 28, 2023
❗ Why It Matters
While the Evo 1 reveal was delayed until next month, it'll be worth the wait based on a glimpse at the montage of various traits that BAYC shared today. Garga previously noted there were 1,050 traits, so this preview included less than 10% of the total trait pool.
🎤 Founder Feedback
Huge amount of traits have gone into the HV MTL collection. Looking forward to seeing what comes through the rift.Garga
Yuga Labs Chief Content Officer Michael Figge provided a TwelveFold update in a tweet thread 🧵 today.
The Details
- Initially, TwelveFold was presented in a format that made sense for satoshi inscriptions.
- Originals were 1,000 x 1,000 pixels.
- But each work in the collection has since been updated to a 12,000 x 12,000 pixel format and 144K resolution.
- This version will be made accessible to TwelveFold collectors.
- Collectors will receive a framed physical print of their piece that will be delivered for free.
❗ Why It Matters
Even with everything else going on within the Yuga ecosystem, such as the ongoing development of the Otherside, the delayed HV-MTL reveal process, and the upcoming Legends of the Mara adventure, the team hasn't forgotten about the owners of TwelveFold, their first work that was purely art.
While TwelveFolds don't include a membership component or utility to be used for further activations, collectors will receive a welcome update in the form of a much higher resolution version of their piece, as well as a framed physical print that will be delivered free of charge.
🔜 What’s Next?
Yuga has prints in production for TwelveFold collectors and are dialing in framing prototypes now. Then...a puzzle?
.
🕳️ Go Deeper
- More To Come From TwelveFold Next Month? (March 17, 2023)
- TwelveFold Outputs Spark Conversation (March 13, 2023)
Mike Seavers, formerly an executive VP of development at Epic Game, will be joining Yuga Labs as its new CTO on May 22, according to a press release shared this morning.
❗ Why It Matters
Seavers brings a wealth of gaming experience at one of the top gaming studios to the Yuga Labs team as it ramps up its gaming initiatives related to The Otherside. This is a clear area of focus for Yuga Labs, who recently named Daniel Alegre, an ex-Blizzard executive, as its new CEO. Gaming will continue to be a foundational pillar of the Yuga Labs ecosystem, and the Yuga is doubling down on its team.
🔙 The Deets
- Seavers will succeed Yuga Labs co-founder Kerem Atalay in the CTO role, though Atalay will "remain with the company as a close strategic advisor," according to the release.
- At Epic Games, Seavers oversaw Epic Games' work on Unreal Engine, Fortnite and the Epic Games Store. He worked at Riot Games prior to joining Epic, where he worked on League of Legends, Valorant and Legends of Runeterra.
🎤 Founder Feedback
"Mike has a proven track record of taking organizations to the next level, and he shares our vision for how important digital identity and community will be for the future of the internet. We have an opportunity to be the web3 platform at the forefront of community and social engagement, through media and entertainment, and Mike's expertise will help us scale to achieve that." -Daniel Alegre, Yuga Labs CEO
🕳️ Go Deeper
- Yuga Labs Taps Blizzard Head As Next CEO (December 19, 2022)
- Gordon Goner Takes Leave of Absence from Yuga Labs (January 28, 2023)
- Morning Minute | Yuga's Juggling Act (March 15, 2023)
- NFT Roundtable | Yuga's NFT World (March 29, 2023)
The HVs won't be making their way across the rift until May, according to a tweet from @BoredApeYC yesterday.
The Details
- The official BAYC account appeared to note the delay by cryptically saying, "One turn right, one turn up, three down, two up… Fuck!!! Locked itself again. We’ll need more time to figure this out."
- The mdvmm.xyz site confirms the minor delay, with the updated infographic for the Evo 1 Reveal now showing May rather than April.
- The Journey to Evo 2 section also used to say "Begins May," but now says "Begins June" instead.
- BAYC co-founder Garga added some color, calling the HV-MTL a "monster of a collection" with "8 types, 1050 traits..."
❗ Why It Matters
Besides creating another week or two of pent-up anticipation, this seems like mostly a non-issue. Especially with May being less than a week away anyway.
Obviously, the Evo 2 component of the journey also got shifted out a month later, but with Yuga having so many projects to juggle, it just makes sense for them to take the time to make sure the execution is up to their standards. Rather than have some sort of issue like the companion trait error.
📊 By the Numbers
Not surprisingly, the floor has dipped about 10% since the announcement (-8.5% on OS and -12% on Blur, where the floor is a bit lower at 1.248 ETH). But not a significant move given overall market conditions, and interest will surely return once upcoming timelines are made more concrete.
🎤 Founder Feedback
8 types, 1050 traits... going to need to make some behind-the-scenes content about the process when we're done. Not yet but soon.
— Garga.eth (Greg Solano) (@CryptoGarga) April 24, 2023
🎤 Community Quotes
Gucci announced a multi-year partnership with Yuga Labs, as reported by Business of Fashion, and seemingly confirmed by the @Gucci and @Othersidemeta Twitter accounts.
❗ Why It Matters
This partnership between Gucci and Yuga Labs signifies the growing convergence of luxury fashion and digital assets, further cementing the importance of web3 and NFTs in the broader crypto ecosystem. By exploring the intersection of fashion and entertainment in the Metaverse, Gucci is demonstrating its commitment to embracing the emerging digital realm, which has the potential to revolutionize customer engagement and brand loyalty. Additionally, this collaboration highlights how established brands are actively seeking innovative ways to integrate into the evolving landscape of digital art, gaming, and virtual worlds, ultimately shaping the future of both industries.
🔎The Details
Gucci's partnership with Yuga Labs aims to extend engagement between their communities by exploring the intersection of fashion and entertainment in the Metaverse. Gucci’s senior executive vice president, Robert Triefus, expressed excitement about the partnership and having an active role in Otherside, a Bored Ape-themed virtual world, and 10KTF's narrative, adding, "We are excited to unveil this multifaceted partnership with Yuga Labs, a leader and creative pioneer in web3."
Previously, Gucci had collaborated with 10KTF for its Gucci Grail project, where 10KTF’s digital artisan, Wagmi-san, crafted clothing and accessories to personalize NFTs with designs by Gucci’s then-creative director, Alessandro Michele. Yuga Labs’ chief creative officer, Michael Figge, looks forward to showcasing how the partnership extends to endless opportunities in Otherside. Figge said of the partnership, "We're looking forward to showcfasing how that partnership extends to endless opportunities in Otherside."
Gucci sees a long-term opportunity in web3 for building community, encouraging customer loyalty, and ultimately generating revenue. The company plans to capitalize on the expertise of creatives through strategic partnerships, such as the one with Yuga Labs.
It appears that Gucci's perfume lines will feature heavily into the partnership, as both company's Twitter accounts tweeted an image of a Gucci-themed potion bottle in their announcements.
🧠 Learn More
Yuga Labs is entering the Bitcoin Ordinal movement and launching a 300-supply experimental collection on the Bitcoin blockchain according to a recent news post.
❗Why It Matters
In the past few weeks, we have seen a lot of attention on Bitcoin Ordinals with collections like OnChainMonkey, DeGods, Sappy Seals, and many others pushing boundaries and making a leap onto the Bitcoin blockchain. And while interest from those projects validated Ordinals to a certain degree, Yuga Labs involvement may single-handedly mark that Bitcoin NFTs are here to stay.
The Deets
The generative art collection, TwelveFold, will have a supply of only 300 pieces with each one being auctioned off in BTC. More details are expected later this week.
"TwelveFold is a base 12 art system localized around a 12x12 grid, a visual allegory for the cartography of data on the Bitcoin blockchain. The collection includes highly-rendered 3D elements as well as hand-drawn features which serve as an homage to the ordinal inscriptions currently done by hand," said the release.
Community Quotes
