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BAYC Creators Yuga Labs Sewer Pass NFTs Net $6M on New Game Launch

Cryptocurrency Jan 19, 2023 12:00PM ET

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BAYC Creators Yuga Labs Sewer Pass NFTs Net $6M on New Game Launch

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Yuga Labs announced Dookey Dash on January 12th, 2023.
Bored Ape NFT creators launched tiered NFT Sewer Passes.
The inaugural Sewer Pass NFT mint fetched over $6M in hours.

The new skill-based game from Yuga Labs quickly aroused the public’s interest, as the initial Sewer Pass NFT mint promptly sold out in a couple of hours. Indeed, the initial mint grossed over $6 million in sales. Afterward, Bored Ape Yacht Club creators disclosed that the NFT Sewer Pass collection is still up for grabs on OpenSea. This way, crypto enthusiasts who are not holding a BAYC or MAYC NFT still have the opportunity to play the Dookey Dash blockchain game.

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Sewer Pass claim is now open at https://t.co/CCLsz4krgi. Every BAYC/MAYC holder can claim one until February 8. There’s no rush or benefit to early claiming — if you have a BAKC, you may want to bring your doggo along. Sewer Passes are the only way to access Dookey Dash. pic.twitter.com/x2KALaFEcZ
— Bored Ape Yacht Club (@BoredApeYC) January 18, 2023

NFT Serves as Key to Unlock the Game

Firstly, the NFT Sewer Passes are tiered into four layers. These are determined by the NFTs a crypto enthusiast holds. For instance, if a BAYC or MAYC NFT holder also has an NFT from the Bored Ape Kennel Club NFT collection, they automatically qualify for the highest tier Sewer Pass NFT, which can be used in-game starting today.

Secondly, NFT enthusiasts and Web3 gamers can play Dookey Dash until February 8th, when the high scores will count towards all of the “Chapter 1” activities on the Otherside by Yuga Labs. At press time, the Tier 1 Sewer Pass NFT has a floor price of 1.635 Ethereum (ETH) on OpenSea. This converts to $2,479.79 for the cheapest Sewer Pass NFT available on the secondary market.

On the other hand, the Tier 4 Sewer Pass NFT for Dookey Dash costs at least 5.25 Ethereum, which equals a whopping $7962.62. As blockchain gaming enthusiasts are aping into the new skill-based game, it is no surprise that the freshly-launched Sewer Pass NFT collection has already exceeded 8,000 Ethereum in total sales, marking another smash hit for Yuga Labs in the NFT market.

GREAT JOB, TEAM! legit excited to play tomorrow, especially to see your first crack at web3 gaming--think it'll give us a glimpse of Otherside.will you be sharing more technical details? would be great to share lessons learned.
— tropoFarmer (@tropoFarmer) January 19, 2023

On the Flipside

Sewer Pass NFT by Yuga Labs is unavailable on some popular NFT marketplaces like NFTX and LooksRare. This way, Yuga Labs demonstrates a clear stance on NFT creator royalties.
Yuga Labs used specific conditions on the new smart contract, including blacklisting all addresses that don’t support NFT artist royalty enforcement.

Why You Should Care

Yuga Labs is one of the most established Web3 companies in the current crypto space. The firm was last valued at $4bn and is currently building an interoperable metaverse ecosystem.

Learn more about front-runner NFT collections:

National Geographic Picks Polygon (MATIC) for Inaugural NFT Collection

Donald Trump’s Second NFT Collection Takes a Nosedive

See original on DailyCoin

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BAYC Creators Yuga Labs Sewer Pass NFTs Net $6M on New Game Launch

NFT Serves as Key to Unlock the Game

On the Flipside

Why You Should Care

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