June 14, 2024


The Joy of Technology

Bored Apes set for movie debut with Coinbase

Bored Ape Yacht Club (BAYC) will make its silver screen debut in a film trilogy produced in partnership with Coinbase, the Nasdaq-listed cryptocurrency exchange announced on Tuesday.

See related article: Apes Gone Wild! BAYC ‘selling like crazy’ amid otherwise sluggish NFT market

Fast facts

  • The first film in the short animated trilogy entitled “The Degen Trilogy” will debut at NFT.NYC in June, which will be accessible on digital through the Coinbase wallet.
  • BAYC holders can submit their NFTs to “audition” to be part of the film.
  • Owners of Mutant Ape Yacht Club cannot apply for the BAYC trilogy as a separate film series is planned for the BAYC spinoff.
  • Coinbase’s new entertainment arm will be producing the Yuga Labs-owned BAYC trilogy.
  • BAYC is the third-largest NFT collection of all time, with US$1.7 billion worth of sales since launching in April 2021, with a current floor price of roughly 111 ETH, or US$331,113 at press time.
  • BAYC is popping up in other media as well; Universal Music has begun purchasing BAYC NFTs to form a virtual band project while a BAYC-themed restaurant recently opened in Long Beach, California.

See related article: BAYC creator Yuga Labs raises valuation to $4B


Source link