MetaCreats

Posted on Apr 01, 2022Read on Mirror.xyz

APE Listing-BAKC NFT will probably skyrocket to success

Bored Ape Kennel Club (BAKC) is a collection of 10,000 unique NFT dogs that have been created by the developers behind Bored Ape Yacht Club (BAYC), Yuga Labs. BAYC has been a pioneering NFT project that, without much utility, has developed into a thriving community. After the success of BAYC and the affiliated Mutant Ape Yacht Club (MAYC), Yuga Labs decided to create furry companions for all BAYC owners.

Every dog in the kennel club is unique and programmatically-generated from over 170 possible traits. Some traits are rarer than others.

Bored Ape Kennel Club: Dog Companions for every Bored Ape NFT, the BAYC team decided that everyone loves dogs, and that they would be the most suitable companions for the Bored Apes.

It gets lonely in the swamp sometimes. That’s why every ape should have a four-legged companion. To curl up at your feet. To bring you a beer. To fire a missile launcher at that bastard Jimmy the Monkey.

That’s why we’ve started the Bored Ape Kennel Club, and why we’re offering up a dog NFT for adoption to every single member of the BAYC — for free (you only pay gas).

Any royalties we accrue on secondary sales will be donated to charity. Learn more at: http://boredapeyachtclub.com/#/kennel-club

Airdrop NFTs: the New Normal,This type of surprise is similar to when Larva Labs allowed CryptoPunk owners to mint Meebits for free through a community grant.The NFT community is now looking at their favorite projects and wondering if they’ll eventually be rewarded with an airdrop from them as well.

This method doesn’t just reward holders and create a disincentive to flipping but brings excitement and attention back to the project in a rapidly evolving industry that is changing by the hour.

Apes walking around the metaverse with their dogs at their side? Possible future rewards for those who hold onto both?

Currently, the floor price of a Bored Ape Kennel Club NFT is just 7.44 ETH — way lower than the 93.4 ETH required for an Bored Ape Yacht Club digital asset. Nevertheless, there was very little hype around the collection, at least until now.

https://opensea.io/collection/bored-ape-kennel-club

Maybe the Bored Ape Kennel Club dogs will have a higher value because there are only 9600 of them. The bored apes number 20,000 and the mutant bored apes number 20,000 and there is a game coming up. On the game board there are paw prints which maybe that the dogs have a utility in the game. Therefore all 40,000 apes will need a dog where there are only 9600 dogs a very limited supply. that economies of scale will come into play as the game commences.

the BAKC NFTs will probably skyrocket to success as the BAYC adds utility to them in 2022.


Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice. NFA DYOR (Not Financial Advice Do Your Own Research)

MetaCreat

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