As the Bored Ape Yacht Club (BAYC) continues to rule the NFT market and pushes for mainstream adoption, we witness an increase in initiatives that make full use of famed jpegs - as BAYC owners have complete intellectual property rights over their NFTs. Recently, the ecosystem has attracted a number of major personalities who use BAYC IP, such as Snoop Dogg and Eminem, who demolished the VMAs in their ape characters like no one was watching.
A Reasonable Chance to Win a Blue Chip NFT
The Bored & Lucky, the world’s first Bored Ape raffle platform, has just joined the Yuga Labs IP ecosystem. The platform gives everyone an equal opportunity to win blue chip NFTs and join some of Web3’s most elite NFT-gated communities, such as BAYC, MAYC, and CryptoPunks.
How does it work?
The entire process is transparent because all Bored & Lucky raffles are Ethereum smart contracts. The NFT award and the monies obtained from ticket sales are locked in the contract and can only be released through a fair raffle process for all parties concerned.
The winning ticket is chosen at random and in a fair manner. To ensure openness and objectivity, the winner is selected by smart contract via blockchain transaction utilizing Chainlink VRF to independently create a random number to draw a winner.
There are presently three open raffles, one for a MAYC, one for a BAYC, and one for a CryptoPunk, with the first DeadFellaz #1175 NFT already raffled off to a new winner.
Who is BAYC #4619
BAYC #4691 is an extremely fortunate monkey who has made a fortune through wise crypto investing decisions. He’s a true art and fashion expert who’s currently chasing away boredom by spreading the luck and arranging raffles with life-changing blue chip NFTs.
Chainlink is the industry standard for developing, acquiring, and reselling oracle services required to run hybrid smart contracts on any blockchain. Chainlink oracle networks enable smart contracts to connect to any external API while also leveraging secure off-chain computations to enable feature-rich apps. Chainlink presently secures tens of billions of dollars across DeFi, insurance, gaming, and other important industries, and provides a universal gateway to all blockchains to global organizations and prominent data suppliers.
The potential cultural impact of blockchain is limitless. Yuga Labs is a Web3 platform development company best known for creating the Bored Ape Yacht Club and the new Metaverse project Otherside, as well as the acquisition of CryptoPunks and Meebits.