Summary:
• Yuga Labs released an NFT project within the Bored Ape Yacht Club ecosystem called Sewer Passes, with over 4,000 ETH (over $6 million) in total sales volume in the first hours.
• Sewer Passes act as the key to playing a skill-based game called Dookey Dash from Jan. 19 to Feb. 8.
• Scores accumulated from gameplay will be part of a broader narrative experience called “Chapter 1” at a later date.
On Wednesday, Bored Ape Yacht Club parent company, Yuga Labs, announced the release of their newest non-fungible token (NFT) project – Sewer Passes. This project was met with an overwhelmingly positive response, resulting in over 4,000 ETH (over $6 million) in total sales volume in just the first few hours.
The Sewer Passes are an integral part of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) ecosystems, and act as the key to a skill-based game called Dookey Dash. Those who held a BAYC or MAYC NFT were eligible to claim a free Sewer Pass, while the others were available for purchase on the secondary marketplace. The game will be available for play from Jan. 19 to Feb. 8, and any scores accumulated during game play will be part of a broader narrative experience called “Chapter 1” at a later date.
In addition to the Sewer Passes, the project also features four tiers of NFTs, each with varying levels of rarity. These tiers are based on whether the holder of a BAYC or MAYC NFT also holds a certain amount of BAYC or MAYC tokens. The four tiers are Bronze, Silver, Gold, and Platinum, and each tier grants holders access to different rewards in Dookey Dash as well as exclusive NFTs.
The success of the Sewer Passes is a testament to the increasing popularity of NFTs and their ability to capture the imaginations of digital collectors. It also speaks to the potential of the Bored Ape Yacht Club and Mutant Ape Yacht Club ecosystems, and the ability of Yuga Labs to create immersive experiences that bring a sense of fun and excitement to the world of NFTs. With the launch of the Sewer Passes, Yuga Labs has set a new standard for NFT projects, and it will be exciting to see what comes next.