BAYC Creators Yuga Labs Sewer Pass NFTs Net $6M on New Game Launch

The new skill-based metaverse game Dookey Dash puts the Bored Apes back in the Web3 limelight.

Yuga labs Bored ape with heart-shaped sunglasses in dark green tracksuit emerging from a sewer.
  • Yuga Labs announced Dookey Dash on January 12th, 2023.
  • Bored Ape NFT creators launched tiered NFT Sewer Passes.
  • The inaugural Sewer Pass NFT mint fetched over $6M in hours.

The new skill-based game from Yuga Labs quickly aroused the public’s interest, as the initial Sewer Pass NFT mint promptly sold out in a couple of hours. Indeed, the initial mint grossed over $6 million in sales. Afterward, Bored Ape Yacht Club creators disclosed that the NFT Sewer Pass collection is still up for grabs on OpenSea. This way, crypto enthusiasts who are not holding a BAYC or MAYC NFT still have the opportunity to play the Dookey Dash blockchain game.

NFT Serves as Key to Unlock the Game

Firstly, the NFT Sewer Passes are tiered into four layers. These are determined by the NFTs a crypto enthusiast holds. For instance, if a BAYC or MAYC NFT holder also has an NFT from the Bored Ape Kennel Club NFT collection, they automatically qualify for the highest tier Sewer Pass NFT, which can be used in-game starting today.

Secondly, NFT enthusiasts and Web3 gamers can play Dookey Dash until February 8th, when the high scores will count towards all of the “Chapter 1” activities on the Otherside by Yuga Labs. At press time, the Tier 1 Sewer Pass NFT has a floor price of 1.635 Ethereum (ETH) on OpenSea. This converts to $2,479.79 for the cheapest Sewer Pass NFT available on the secondary market.

On the other hand, the Tier 4 Sewer Pass NFT for Dookey Dash costs at least 5.25 Ethereum, which equals a whopping $7962.62. As blockchain gaming enthusiasts are aping into the new skill-based game, it is no surprise that the freshly-launched Sewer Pass NFT collection has already exceeded 8,000 Ethereum in total sales, marking another smash hit for Yuga Labs in the NFT market.

On the Flipside

  • Sewer Pass NFT by Yuga Labs is unavailable on some popular NFT marketplaces like NFTX and LooksRare. This way, Yuga Labs demonstrates a clear stance on NFT creator royalties.
  • Yuga Labs used specific conditions on the new smart contract, including blacklisting all addresses that don’t support NFT artist royalty enforcement.

Why You Should Care

Yuga Labs is one of the most established Web3 companies in the current crypto space. The firm was last valued at $4bn and is currently building an interoperable metaverse ecosystem.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.