Today we're making changes to ApeCoin.
Yuga Labs and ApeCo (fka Ape Foundation) coordinate, but operate in parallel. To keep the orgs and leaders in sync, a coordination tax is paid in additional handoffs and added decision-making checkpoints.
This made sense when the lack of regulatory clarity forced crypto to contort into strange formations just to ship.
That era is over, and we need to reset from first principles.
Simpler, with less coordination tax.
Cam helped build and lead ApeCo, and he’s fully aligned with me on this reboot. With the reset, the separate ApeCo lead role no longer makes sense in the same way. Cam is stepping down from that role.
The core ApeChain tech and BD teams will now work directly with Yuga, so the chain and its partners will be well served. Some other members of ApeCo will be departing - they’re really great people and we’re thankful for their hard work. This transition will be complete by June 5th.
ApeCoin should not feel like a separate bet from all the other progress Yuga is making with its brands. Everywhere else we are building holders with real conviction and ApeCoin will be no different.
So I’m currently planning a roadshow in June with key and prospective partners, exchanges, investors, institutions and community members in Hong Kong, Shanghai, Taipei and Seoul. We’re going to show up in person and build the relationships that move BAYC, Otherside, and ApeCoin forward together.
This is a first step, but not the only step.
Proud to announce my good friend @justinaversano is joining the @HV_MTL crew as a creative advisor. From capturing raw human stories through his lens to envisioning the Meebits for public art, he is now powering up his hvmtl to bring creative direction for mechs, pets, concepts, and bridging the broader universe from the Other Side into the real world!
Let’s make video meetings fun again 🍿
Soon, every BAYC holder will be able to verify their BAYC in the APE FLTR app and instantly appear on Zoom and livestreams as their fully animated BAYC.
No mint.
No claim.
Just free technology for the BAYC community.
Follow @APEFLTR to stay updated. 🦍
It’s Sunday and we’d like to remind y’all to go to church today like how @baykada went to @apechurch recently!
Special thanks to Ape Church for sponsoring our May meetup, and for @honeybd for representing them IRL
Baykada proving once again that IRL is the alpha 🦍🛐
A massive week for Tria users.
$2.25M USDT in cashbacks are now distributed to all eligible users.
Open the Tria app to claim now.
Season 2 rewards are also fully live with $300K USDT + 40M TRIA distributed.
Season 3 is next, and it’s going to be our most ambitious.
I wanna be following all apes
can you reply here if I’m not following you
if I’m already following you, pls RT this for better vis
apes together strong
Already halfway there with the 10k BAYC AI Pets, will be done by end of week.
Each one is made 1/1, all traits are re-rendered and re-designed for each specific ape.
If you hold an Ape, you will be able to connect your wallet or a delegated one to claim your 1:1 Pet.
🦧x🤖
PLAY PARALLEL TCG ANYWHERE NOW!
Parallel TCG is now available on mobile AND Steam. Download it for free and join the battle for Earth!
STEAM: https://t.co/ij4sJ6o41c
APPLE (iOS): https://t.co/pXlMcM2zZ9
ANDROID: https://t.co/lMPTH8myYN
SEARCH: Parallel TCG
Over the past few years, I’ve woken up to random @CoinDesk articles shitting on our industry, and specifically NFTs.
That alone wouldn't bother me. Criticism is healthy. The press should hold this space accountable.
But while Coindesk takes $ 300k+ to write glowing “research” around companies in crypto, they also write ragebait headlines that shit on the same industry.
Pretty annoying to see.
It’s bad journalism to ask for $ 300k+ for an article, and if we don’t pay, you write negatively about us.
There are so many other news outlets actually trying to make it by covering bright stories in our industry.
There are so many other twitter spaces and communities that show up daily to move the space forward.
But what Coindesk is doing can’t be a sustainable model.
So a few weeks ago I opened up a short position on Coindesk’s parent company, Bullish.
This isn’t about money, it’s about principle.
The principle: you can’t hurt our community for your corporate gain.
Why can a business shit on an industry it participates in and still aim to profit within it?
Well, it can’t.
That was my bet anyway.
I’ve now closed the short up $5,387.46.
To be clear: the position is closed. Nothing I write here profits me from a trading standpoint. The trade is over. What's left is the principle.
I will use the money to take Bored Apes out to dinners, or Laker Games, or whatever the fuck I want - and every time I do, I will post an entire article about how I got the money (shorting Coindesk) and why I think Coindesk’s current approach is bad for our industry.
Congrats Coindesk, you’re now at war with a fucking psycho.
I will relentlessly bearpost this behavior until a representative reaches out to me and assures me that they’re going to knock this shit off.
BAYC turns 5 so @baykada had to celebrate it in the best way we know: IRL
Baykada met for the 2nd time this month of April to celebrate:
🦍 a Filipino CEO in Yuga
🦍 BAYC’s 5th birthday
🦍 BAYC back to 10E
🦍 early BAYC vibes
And yes, we can confirm: IRL is the Alpha
IRL is the Alpha
With that said, fellow apes, if you’ll be in Manila this April 25, come join me and @baykada in our IRL meetup to celebrate BAYC
We’ll serve burgers from @BorednHungry for all attendees
See you there! 🇵🇭🦍
Luma link below👇
Five Years of Bored Ape Yacht Club
A note to The Best Club on the Internet,
Five years is a long time on the internet. It’s long enough to understand what makes something different, and to recognize when it becomes part of people’s lives in a real way.
The Bored Ape Yacht Club has always been more than something you scroll past. It’s something people step into, build with, and carry with them. That’s what makes this a Club.
Like @mfigge said recently, the Club should live in your world, not just your timeline. That's where we're headed.
Here's what that looks like right now.
We recently rolled out the new https://t.co/tUg19gLtIK - a fresh look, member profiles and directory, an updated https://t.co/7wvilrJ2GQ, and more coming soon. It’s a step toward making the Club feel more tangible, more connected, and easier to immerse in.
IRL is the Alpha
Over the last few weeks, Apes have been mobilizing across the globe through regional meetups, bringing local chapters together in ways that actually matter.
We spent 4/20 weekend with Snoop and Dr. Bombay, giving a group of Apes a member-only moment you can’t replicate online.
These moments pull people closer together, create and strengthen real bonds, and push the energy of the Club forward.
We say Bored Ape, You say Yacht Club
We’ve also been thinking about what it actually means to be a Yacht Club - not just the name, but the feeling behind it. That’s starting to take shape. From here on out, you’ll see it show up more clearly in our apparel, our collaborations, and an aesthetic that finally does the Yacht Club name justice.
Five years in, and we’re not slowing down.
There’s more to share, but for now… thanks for being an Ape. Thanks for being in the Club.
the concept here is simple:
create a market for grails
why? because most grails aren’t for sale in the market
let’s take BAYC for example
only 263 BAYC are listed (2.63% of the collection)
if someone wants ape grails, chances are they’re not in the market
on the flip side, ape grails are sitting on some whale wallets and they are likely not pricing them anywhere close to floor
with this move, you now create a way to broker apes that aren’t in the market to new collectors wanting to enter the club
this will make certain collections from BAYC be in demand such as:
- gold
- trippy
- blue beams
- laser eyes
- crown
- space suit
- merch
on top of these, I can see that this move will create a market for full sets as these are harder to sell in marketplaces
and of course, by doing this, yuga creates a new revenue stream for them by brokering these deals
a win for everyone
make grails great again