The past six months have been quiet on the irreplaceable side, and you don’t need to look at sales data to know that.Two of the most traded new NFT sets in the past month are Donald Trump is painfully bad “Digital Trading Card” A collection of 10,000 pairs of pixelated feetCrypto and NFT speculators clearly want something. anything trade.
The Bored Ape Yacht Club is here to scratch that itch. Yuga Lab, The company behind the polarized NFT collection, about to launch a new collection.initial after the pop you can see how strong the brand is.
This is an experiment in integrating story and game into NFT. Other than that, little is known about the upcoming drop. Yuga Labs keeps this a mystery. This is a clear attempt at the old “under promise, over delivery” strategy.
First, the story. The amazing movie trailer follows Jimmy the monkey who accidentally opens the space-time continuum by ripping “atomic shit” during a party at a yacht club. A mysterious figure emerges from this portal and presents an ornate chest and a key to open it. Malarkey follows and Jimmy accidentally drinks the key. He locks himself in the toilet and tries to defecate, but gets stuck. That’s where the game comes into play. On January 19th, in his Dookey Dash, which will be playable for three weeks, he’ll run as Bored Ape through the sewers and pull Jimmy’s cork from underneath.
Simply put, a $4 billion startup is making an NFT drop around a monkey’s butthole.
Dookey Dash is an endless runner game that you play until you lose. The longer you last, the more points you earn. Players will be able to find out what these points are good for in the February 15th storyline “The Summons”. A Yuga Labs explainer indicates that this will lead to even more mini-games and stories.
All this may be a public experiment, but it is not a public experiment. Participation requires a sewer pass, and there are only two ways to obtain it. Sewer Passes are free to owners of Mutant Ape and Bored Ape Yacht Club NFTs. These owners can choose to sell their passes, but they will no doubt ask for thousands of dollars.
If you’re not into NFTs, you’re probably shaking your head and your blood pressure is slightly elevated., The Trial of Jimmy the Monkey is not for general consumption. NFT traders trade more NFTs. And Yuga is almost certain to make millions, if not tens of millions of dollars.
If Yuga revitalizes the market, it would be poetic. NFT peak he was in May., reached $1 billion in trading volume in just a few days. This will be his last NFT hooray for 2022 and Yuga definitely wants the first of many his NFT hooray for 2023 to be the trial of Jimmy the Monkey. increase.
However, given that cryptocurrency prices seem to be inextricably linked to the economy, that is unlikely. The Federal Reserve’s attempt to fight inflation by raising interest rates has done a great deal of damage to speculative assets of all kinds. Meta is down more than 50% compared to this time last year, with Google’s Alphabet down 33% and Tesla down 64%. With many economists predicting a recession in his 2023, cryptocurrencies and his NFTs are unlikely to recover to his 2022 highs anytime soon.
But NFT traders can keep busy with Jimmy the Monkey in the meantime. tell him what you want His predicament is at least more real than Trump’s digital trading cards.