Animoca Brands and Bored Ape Yacht Club are making a P2E game

Animoca Brands and the popular NFT line, Bored Ape Yacht Club have announced that they will be collaborating on a brand new blockchain game. Harnessing BAYC’s hugely popular Bored Ape non-fungible tokens (NFTs).

A spokesperson, speaking on behalf of BAYC’s parent company, Yugo Labs, expressed optimism at the collaborative relationship and upcoming game.

“Animoca Brands is a trailblazer in the blockchain gaming space with a proven track record of delivering. We can’t wait to share more with the community about what we’re building.”

Yuga Labs spokesperson.

When it comes to the world of Non Fungible Tokens, BAYC has been on a turbulent ascent for some time. Having launched back in April 2021, BAYC has managed to set itself apart as an NFT collection. Case in point, while its NFTs began with pricetags of 0.08 ETH, they have since surged in value; with one (Bored Ape #8817) selling at Sotheby’s for $3.4 million in October this year.

What’s more, BAYC has been a close competitor of the now controversy-stricken CryptoPunks, which faced some market downturn and difficulties with its Crypto copyrighting.

Bored Ape Yacht Club & Animoca: NFTs as a catalyst

From their beginnings as a strong component of blockchain gaming, NFTs have been set apart as a game-changer for entertainment, gaming and art. And, to Animoca and broadly, NFTs have become a cultural phenomenon.

“NFTs have emerged as a store of culture,” Animoca Brands Co-Founder and Chairman, Yat Siu explained the companies interest in BAYC in a recent press release. “There are very few icons that are able to represent the surging world of NFTs as powerfully as Bored Ape Yacht Club, which is why we, as a group and in aggregate, hold a significant number of them. We are incredibly excited and proud to collaborate on a game for this cultural milestone.”

While this is a preliminary announcement from Animoca and BAYC teams, both are working towards a release date of Q2 of 2022 and will feature play-to-earn mechanics.

Be sure to the Bored Ape Yacht Club’s website here.

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