Samreen Ahmad · · 1 min readAnimoca Brands, Bored Ape Yacht Club team up to develop NFT game
Hong Kong-based unicorn Animoca Brands has partnered with Bored Ape Yacht Club (BAYC) to develop and publish a blockchain game utilizing the latter’s popular Bored Ape non-fungible tokens (NFTs).
The gaming firm and BAYC creators Yuga Labs expect to release the new game in the second quarter of 2022.
Photo credit: Animoca Brands
BAYC is a collection of 10,000 NFT images that set a US$26 million sale record for crypto art sold on Sotheby’s, one of the world’s leading auction houses. To date, Yuga Labs has produced NFT collections valued at over US$3 billion, according to Animoca Brands.
“NFTs have emerged as a store of culture. 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,” said Yat Siu, co-founder and executive chairman of Animoca Brands.
See also: Axie Infinity: A sign of Vietnam’s resurgence in the gaming sector?
The gaming unicorn recently reported that it received about US$140 million in bookings between January and September 2021.
Editing by Eileen C. Ang
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