BAYC Entering The Metaverse With Its Own P2E Game

Bishal Kumar Chanda

Bored Ape Yacht Club (BAYC) NFT owners can expect a new play-to-earn blockchain game this year. Animoca Brands is well known for The Sandbox and its investments in Decentraland, Axie Infinity, and many other blockchain projects. On December 13, Animoca announced the upcoming metaverse play-to-earn game. The game is going live in the second quarter of 2022 (sometime between April and July). We only know from their latest tweets that they will utilize the Bored Ape NFTs for the new play-to-earn blockchain game.

Animoca Brands was founded in 2014, and to date, they have a vast portfolio spanning Metaverse, blockchain games, DeFi, NFT marketplace, Crypto Wallets, and so on. Their metaverse platform, The Sandbox, is very well received by the community for the play-to-earn and Web 3.0 concepts. They have also shown interest in the Polygon blockchain infrastructure and Opensea marketplace. When it comes to blockchain game development, we can only expect success from Animoca Brands. Their partnership with BAYC for their metaverse game is excellent news for Bored Ape NFT holders.

Yuga Labs developed BAYC and other related NFT projects such as Mutant Ape Yacht Club and Bored Ape Kennel Club. These NFT projects gained fame in 2021 for their high valuations. The BAYC NFT owners can use their ape avatar throughout the metaverse. The additional perks include access to the members-only yacht club, collaborative graffiti board, exclusive private concerts, and many such perks. The new game announced by Animoca is one such perk for the BAYC NFT owners. Players can then generate more revenue from their BAYC NFTs by playing the game. Although the BAYC collection has 10,000 NFTs, they are owned by only 5,900 people. Such small ownership will make the game token scarce and much more valuable.

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