Best P2E Games

Animoca Brands & Bored Ape

Animoca Brands & Bored Ape

Game Review 

Yuga Labs, of The Bored Ape Yacht Club (BAYC), and Animoca Brands Enter Partnership.

Great news for Bored ape NFT’s holders as new projects and games involving the Bored NFTs are about to go sky-high. A mega name in blockchain game investment and development, Animoca Brands, has joined hands with The Bored Ape Yacht Club (BAYC) creators Yuga Labs.

Animoca Brands Joins Hands With The Bored Ape Yacht Club
Animoca Brands Joins Hands With The Bored Ape Yacht Club

The partnership will allow Animoca to use the intellectual property in an upcoming play to earn a game scheduled to release next year.

The Bored Ape Yacht Club

The Bored Ape Yacht Club NFTs witnessed a top trend and huge buying frenzy when it got launched earlier this year. The launch offered 10,000 unique NFTs of bored ape characters with over 170 different apes-like features and traits.

The difference in traits determines the value of the NFT and some traits were more unique and scarcer than the others. The NFTs got massive popularity and several other brands are coming forward with investments in it for brand positioning. Adidas, Universal Music, and Timbaland productions have partnered with BAYC.

Each bored ape NFT originally sold for 0.08 ETH but now the collection is worth more than $3 billion. Moreover, a single bored ape NFT sold for a whopping $3.4 million at Sotheby’s.

Animoca is the latest company to join in on the trend and will use BAYC in its upcoming projects. This will massively help Animoca Brands’ image in the blockchain gaming scape.

Moreover, Animoca’s partnership with BAYC will also increase its reach and expand its audience as BAYC is considered a ‘cool’ trend.

Animoca Brands Joins Hands With The Bored Ape Yacht Club
Animoca Brands Joins Hands With The Bored Ape Yacht Club

However, there is a catch when dealing with Bored Ape NFTs; the IP of the Apes do not reside with the creators and they can’t sell it as they do not own them. The NFT owners may be provided an opportunity to claim the 3d version of their existing NFT.

A BAYC token is also on the cards but it is not clear that how this token will impact the game.

Nonetheless, the news is great for Bored Ape holders as new projects and launches will add value to it.

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Animoca Brands & Bored Ape

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Best P2E Games list 2024

Animoca Brands & Bored Ape

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.