The cryptosphere will soon see the arrival of a new blockchain game that will incorporate bored apes. While the first NFT collections benefited from the first-mover bonus, they must evolve to increase their perceived value over time.
Bored Ape Yacht Club monkeys in a blockchain game
Anomica Brands is embarking on the development of a blockchain game using NFTs from the Bored Ape Yacht Club project. The game will have a play-to-earn mechanism. It will be released in the second quarter of 2022. A play-to-earn game allows its players to earn and own digital assets in-game, and sell them outside the game at their discretion. Anomica Brands announced its collaboration with Yuga Labs, the creator of Bored Apes, in a Dec. 13, 2021, release on its website.
Anomica Brands is a Hong Kong-based company that develops games taking advantage of web3 technologies such as blockchain, or NFTs. The Bored Ape Yacht Club is a collection of 10,000 NFTs associated with images of “bored monkeys”. Each monkey is unique in terms of features, expression, clothing, or other accessories. Holders of these NFTs are entitled to exclusive benefits such as access to certain events.
Play-to-earn to ensure the longevity of NFTs
Bored Ape Yacht Club is among the major NFTs projects, which have recorded record sales. The Bored Ape Yacht Club NFT #8817 sold in October 2021 for $3.4 million. The Bored Ape Yacht Club NFT #8817 is ranked 17th in terms of rarity of features. Is this argument enough to justify this 7-figure amount?
The first NFT collectibles issued are enjoying the wind of the novelty of the concept, an advantage that is not necessarily bound to last as time wears on and non-fungible tokens become commonplace. The creation of a blockchain game using Bored Apes NFTs should, according to a spokesperson from Yuga Labs, increase “the usefulness and benefits offered” to its holders.
Will this future game integrating Bored Apes NFTs be a success? The play-to-earn has been rather successful for Axie Infinity, the future will tell us if the formula works for all NFT projects.