Latest Mutant Ape Yacht Club News
Yuga Labs announced a restructuring, resulting in the elimination of various roles across the company.
The Deets
- Changes come six months after Daniel's leadership commenced at Yuga Labs.
- Key projects like "Made by Apes," Otherside, and CryptoPunks will continue.
- Partnerships with major brands such as Gucci and A Bathing Ape to remain a focus.
- Transition packages, including severance and job assistance, to be provided to affected employees.
The Bulk
Joining Yuga Labs half a year ago, CEO Daniel Alegere initiated a clear vision focusing on creative storytelling and community-building, which lie at Yuga's heart. Throughout this period, numerous projects were recognized that were either stretching the team too thin or demanding skills beyond their primary competencies.
This led to a comprehensive review of the projects, aligning them more closely with the company's core priorities. As a result, Yuga Labs decided to make certain organizational shifts. Projects such as Dookey Dash, Twelvefold, Made by Apes, the Punks Legacy Project, and collaborations with brands like Gucci and BAPE were celebrated. However, there were some challenges, especially in gaming execution.
With the aim of focusing on a select few key initiatives, Yuga Labs intends to collaborate with third parties that complement its strengths. Efforts will be directed towards community engagement, particularly for BAYC and CryptoPunks. The Otherside team will emphasize building new gaming experiences through partnerships, aiming for significant showcases in 2024. Additionally, the importance of public updates has been acknowledged, with commitments to more frequent updates.
🎤 Founder Feedback
I strongly believe that Yuga will forever change how consumers and brands interact. We have built a powerful brand by granting IP rights, something that was considered impossible in the media and entertainment industry until we came along.Daniel Alegre
🔜 What's Next?
While the restructuring primarily impacts US-based team members, an assessment on international teams is ongoing. More details will be provided in an upcoming All Hands meeting.
For more web3 and NFT news, visit the Lucky Trader newsfeed.
nWay and Animoca Brands revealed Wreck League, a hybrid Web3/Web2 fighting game merging craftmanship, competition, and thrill, in collaboration with Yuga Labs.
The Deets
- Wreck League is a groundbreaking multiplayer game allowing players to create, own, and fight with their Mechs.
- More than 1.5 quadrillion possible Mech combinations present an almost infinite roster of fighters.
- Holders of Bored Ape Yacht Club, Mutant Ape Yacht Club, Bored Ape Kennel Club, and Otherside Kodas can claim a free fully constructed Founders Mech that cannot be deconstructed.
- Players collect NFT-based Mech Parts to create fully customizable, unique Mech character NFTs.
- A free-to-play version of the game is also planned, aiming to bridge the gap between the web3 and web2 gaming communities.
The Bulk
Launching a significant evolution in the realm of competitive multiplayer games, nWay's Wreck League invites players to generate their own mech fighters, offering over 1.5 quadrillion possible unique combinations.
The inaugural season will incorporate Yuga Labs collections, allowing holders of the aforementioned collections to utilize "rare Yugaverse Mechs" to boost gameplay and exclusivity. This approach provides a bridge between the realms of traditional gaming and NFTs, offering a unique blend of customization, ownership, and gameplay.
In Wreck League, creators, owners, and skilled players form competitive teams, encouraging a fusion of creativity and tactical gameplay. Each Mech is composed of 10 Mech Parts NFTs, fostering endless customization possibilities and making each Mech a unique entity on the battlefield.
Alongside the web3 version, nWay also plans a free-to-play Web2 version of Wreck League. While mirroring the web3 version's core gameplay, it will incorporate features like daily missions and a battle pass, creating a bridge between the web3 and web2 gaming communities.
🎤 Founder Feedback
Wreck League is a hybrid Web3 and Web2 project. Our aim is to unite the communities and players, leveraging the creative potential of the Web3 community to continuously enhance the game's content.Taehoon Kim, CEO of nWay
🎬 Take Action
Stay in the loop and register for the Wreck League Allowlist on its official website. Users must KYC for allowlist access.
For more web3 and NFT news, visit the Lucky Trader newsfeed.
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
For more web3 and NFT news, visit the Lucky Trader newsfeed.
Bored Ape Yacht Club is pausing the ApeFest ticket claim process due to a technical issue with tokenproof that impacted a significant number of Apes trying to join the queue.
The Deets
- ApeFest Ticket Claim: Paused temporarily.
- Technical Issue: Long API calls during the authentication process causing timeouts and rejection messages.
- The Plan: Tokenproof will optimize checks for Apes, delegation, staking, collateralization, and asset queries to ensure efficiency and scalability for future events.
- Apologies: Tokenproof's founder expressed regret and appreciation for feedback, assuring a more successful relaunch.
The Bulk
The highly anticipated ApeFest event, operated by tokenproof, encountered a significant setback when a significant number of Apes faced difficulty entering the ticketing queue. The team identified the root cause as long API calls made during the authentication process, leading to inefficient performance and frustrating outcomes for some users.
Tokenproof's founder addressed the issue, admitting the situation was "shitty and embarrassing." However, the team has analyzed what went wrong and devised a comprehensive plan to improve the process. The upcoming changes include optimizing checks for apes, delegation, staking, collateralization, and asset queries, ensuring smoother future ticketing experiences.
The founder acknowledged the frustration of those who had to wait and welcomed the feedback, vowing to learn from the experience and ensure a seamless relaunch. The company is committed to scaling infrastructure effectively to handle high traffic and prevent similar issues in the future.
Stay tuned for updates as Tokenproof prepares to re-launch ApeFest with enhanced efficiency and an unforgettable experience for all attendees.
🎤 Founder Feedback
Obviously a shitty and embarrassing situation. I totally feel why anyone who waited is frustrated and I welcome the feedback we've received. I would be pissed too. But we learn and we grow, and in the end we will make sure things are done right when we re-launch. Fonz
🔜 What's Next?
BAYC aims to provide a 48-hour notice before ticketing reopens, giving Apes ample time to prepare for the relaunch. Keep an eye out for updates and announcements, as the team plans to celebrate the successful relaunch with a vibrant event in Hong Kong.
For more web3 and NFT news, visit the Lucky Trader newsfeed.
ApeFest Hong Kong ticket claim opens this Wednesday, July 26 at 8:00 p.m. ET.
The Deets
- ApeFest Hong Kong: A global event from November 3-5, 2023
- Two options: Join in Hong Kong or participate online
- Tickets: Free for Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) holders, $269 for additional guests
- Three-day event: Includes meetups, city-wide experiences, new merchandise, and a big surprise night
The Bulk
ApeFest, the must-attend event for Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) holders, is going global with an event in Hong Kong this year. Spread over three days from November 3-5, 2023, the event promises to be full of meetups, community events, new merchandise, and a big surprise night, providing a city-wide experience for all participants.
Ticketing for ApeFest opens on July 26 at 8:00 p.m. ET (July 27 at 8:00 a.m. HKT) and will be on a first-come, first-serve basis. The tickets are free for BAYC and MAYC holders, but they’ll need to pay a $169 refundable deposit upon claiming their tickets. This deposit will be returned once the holders are scanned in during ApeFest.
Alongside the physical event in Hong Kong, there will also be opportunities for apes to participate virtually. Furthermore, the BAYC community is planning to host real-life events globally for those who can't make it to Hong Kong.
💰 Money Talks
BAYC and MAYC holders can attend the event for free, only needing to make a refundable deposit of $169. Additional guest tickets are available for purchase at $269 each.
🎬 Take Action
Interested in attending ApeFest Hong Kong? Get your wallets ready and be prepared to claim your ticket on the specified date. Make sure you have the tokenproof app downloaded and connected to the wallet with your BAYC or MAYC.
For more web3 and NFT news, visit the Lucky Trader newsfeed.
Bored Ape Yacht Club (BAYC) officially unveiled "Made By Apes," a first-of-its-kind on-chain licensing platform, to its community of builders in partnership with SaaSy Labs.
The Deets
- Made By Apes: an on-chain licensing platform for BAYC and MAYC holders
- Provides a unique license number for businesses and products
- Aims to verify and distinguish authentic community-made products
- Launch partners include community brands like Ape Beverages, Bored Brewing Co., and more
The Bulk
The Bored Ape Yacht Club, one of the most influential NFT projects in the space, has launched a new licensing platform called Made By Apes. Developed in partnership with SaaSy Labs, the initiative gives Apes the ability to request a license, register their businesses or products, and receive a unique license number on the Made by Apes platform.
The move is aimed at unifying and verifying genuine products made by BAYC and Mutant Ape Yacht Club (MAYC) holders. The Bored Ape Yacht Club community has birthed a staggering number of projects that feature Ape IP since its inception two years ago. With Made By Apes, these community contributions can now be recognized and authenticated on-chain, fostering a network of genuine builders.
The platform was rigorously pressure tested with the help of several launch partners, all community brands, who've been pioneering the space. These partners include Ape Beverages, Bored Brewing Co., Ladies of BAYC, and others, representing a small fraction of the BAYC story.
🎤 Project Prose
We wanted to build a tool that meets the needs of the whole community, across categories and uses.Bored Ape Yacht Club
🔜 What's Next?
The Bored Ape Yacht Club plans to launch the Bodega soon, a platform which will display all active Made by Ape licenses. Registering for a license today means becoming a founding part of the Made by Apes story.
For more web3 and NFT news, visit the Lucky Trader newsfeed.
Yuga Labs announced an immersive ApeFest in Hong Kong from Nov. 3-5, extending virtual participation and worldwide real-life events for holders unable to attend in person.
The Deets
- Free Entry: Holders of BAYC and MAYC get free entry with a refundable deposit.
- First-Come, First-Serve: Tickets are not guaranteed; available on a first-come, first-serve basis.
- Global Participation: Opportunities for virtual attendance and worldwide community-hosted events.
- More than a Festival: A unique, city-wide experience for connecting and celebrating the Ape community.
The Bulk
Bored Ape Yacht Club and Mutant Ape Yacht Club holders can now gear up to meet other members of the community at ApeFest in Hong Kong. The festival, dubbed an "epic, unhinged family reunion," aims to provide an immersive experience for all BAYC and MAYC holders, whether they can attend physically or not.
Entry to ApeFest is free for BAYC and MAYC holders, although a refundable deposit is required to ensure tickets are only claimed by those able to attend. Tickets will be offered on a first-come, first-serve basis, given the anticipated high demand and limited capacity.
Beyond the Hong Kong event, ApeFest will extend its reach globally, giving apes unable to attend in person a chance to participate. The BAYC community is working to facilitate real-life events worldwide, ensuring a truly global gathering of the Ape community.
What's more, the festival is not just a typical music event but rather a city-wide experience, with ApeFest activities planned across multiple venues in Hong Kong. While some details will be shared in advance, others will remain a surprise, adding to the anticipation.
🎤 Community Quotes
Smart move✅ Hong kong is becoming a hub for blockchain so fast and it's never been a better time to host an event there...It's going to be massiveMANI
🔜 What's Next?
In addition to ApeFest, Yuga Labs announced a MAYC specific event in Miami on Aug. 26 to celebrate the project's two year anniversary.
🎬 Take Action
Interested in becoming part of this epic, unhinged family reunion? Keep an eye on the BAYC and MAYC platforms for upcoming registration details, and secure your spot before planning travel and accommodation.
For more web3 and NFT news, visit the Lucky Trader newsfeed.
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