Yuga Labs stands at the center of the NFT space with its Bored Monkey Yacht Club The NFT collection is skyrocketing in popularity. The trend continues with their Sewer Pass NFT collection with sales of over 12,871 ETH ($20 million) and counting. With over 10,000 owners and 54% unique owners, the collection has created quite a buzz in the NFT space.
Bored Ape Yacht Club was buzzing with activity this week after Yuga Labs unveiled its highly anticipated non-fungible token (NFT) project, Sewer Passes. Heralded as the newest sensation for avid crypto collectors and casual crypto investors alike, Sewer Passes went on sale Wednesday and quickly amassed over $6 million worth of ETH within hours of launch, and they have continued on an upward trend ever since.
The Sewer Pass claim is now open at https://t.co/CCLsz4krgi. All BAYC/MAYC holders can claim one until February 8th. There is no rush or benefit to claiming early – if you have a BAKC, you may want to bring your dog. Sewer Passes are the only way to access Dookey Dash. pic.twitter.com/x2KALaFEcZ
— Bored Ape Yacht Club (@BoredApeYC) January 18, 2023
It’s no wonder Bored Ape Yacht Club is so hyped – Sewer Passes promise to offer a unique and interactive experience and take Bored Ape Yacht Club to a whole new level.
Implying?
Sewer Passes are the most popular NFTs right now, and they come in four different tiers. These are determined by the number of NFTs that a cryptocurrency enthusiast owns. For example, a BAYC or MAYC NFT holder who also owns an NFT from the Bored Ape Kennel Club NFT Collection instantly qualifies for the higher-tier Sewer Pass, which can be used in-game.
At the time of publication, the Tier 1 Sewer Pass NFT has a minimum price of 2.06 ETH on OpenSea. This works out to a whopping $3198.37 for the cheapest Sewer Pass NFT available on the secondary market.
The sewer is open. Sewer Pass holders, go to https://t.co/ItKXBwrs9t Dookey Dash as many times as you want until February 8th. pic.twitter.com/3h0qaKggKJ
— Bored Ape Yacht Club (@BoredApeYC) January 19, 2023
Sewer Passes allow holders to enter the exciting world of Dookey Dash, which will be played from January 19 to February 8. His in-game success will be immortalized through a larger narrative experience known as “Chapter 1,” which will be released soon. Sewer passes were given out for free on Wednesday to those who had an NFT at Bored Ape Yacht Club (BAYC) or Mutant Ape Yacht Club (MAYC).
yuga laboratoriesThe entry into the industry was practically explosive: the launch and acquisition of two of the largest NFT projects, Bored Ape Yacht Club (BAYC) and CryptoPunks, both of which have been extremely successful. Their influence goes much further, reaching ties to some of the biggest players in the crypto and NFT space, allowing them to create a fortune selling all the NFTs in their partner collections.
Yuga Labs is an established Web3 company in today’s crypto space. The company was last valued at $4 billion and is currently building an interoperable metaverse ecosystem.
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