Coinbase, the digital currency trading platform, is teaming up with the popular non-fungible token (NFT) project Bored Ape Yacht Club to create a three-part film series (BAYC). Coinbase Entertainment will create the films, which will include select BAYC NFT characters crowdsourced from the Bored Ape NFT community.
Coinbase Entertainment is developing a three-part film series starring crowdsourced bored apes.
Coinbase said on April 11 that it intends to release a film trilogy dedicated to the Bored Ape Yacht Club NFT collection. According to one37pm.com, the crypto exchange is “celebrating and amplifying the BAYC community” through the film trilogy.
Coinbase confirmed the flicks on Twitter after sending out a teaser tweet indicating that something was on the way. Coinbase tweeted again a few hours later, saying:
There must be something. We’re making a three-part interactive film about the [Bored Ape Yacht Club] and Apecoin communities. Come collaborate with us at degentrilogy.com.
According to the one37pm.com statement, Bored Ape owners can submit their Bored Ape NFTs to the online page degentrilogy.com, and if chosen, the Bored Apes will be featured in the three-part cinematic adventure, which also includes the Apecoin project.
“At Coinbase, we are committed to generating and supporting content projects that speak directly to our audience, as well as fostering the culture of Web3 innovation,” said Coinbase Entertainment and culture marketing director William Swann in a statement. Swann continued:
As we strive to bring the next billion people into the crypto economy, we are confident that this interactive film series will serve as a catalyst in achieving that goal and educating audiences on the collaborative nature of Web3. The Bored Ape Yacht Club community has inspired us, and we are pleased to encourage them to co-create this video with us.
According to Yuga Labs’ CEO, the Film Trilogy is a “breakthrough project” for NFTs.
Coinbase announced on Twitter that users may help make the film by connecting their wallet, submitting a Bored Ape, and “hiding an easter egg.” The move with BAYC comes as the business prepares to launch the next Coinbase NFT Market. In mid-January, the exchange announced a partnership with Mastercard to expand the NFT marketplace. Users of Mastercard credit and debit cards will be able to use the deal to pay for non-fungible token assets on the Coinbase NFT marketplace.
Nicole Muniz, CEO of Yuga Labs, which produced the Bored Ape Yacht Club NFT project, stated that the film trilogy with Coinbase is a game changer for NFTs and entertainment.
“We’re witnessing how NFTs are evolving to be vehicles of access and involvement in networks, games, products, and now interactive entertainment,” Muniz said on Monday. “This is a game-changing project, and we’re enthusiastic to watch how it affects the future of Web3 for all communities,” remarked Yuga Labs’ CEO.