Who let the dogs out?
The Kennel Club was revealed when Bored Apes tweeted out:
“It gets lonely in the swamp sometimes. That’s why every Ape should have a four-legged companion. To curl up at your feet. To bring you a beer. To fire a missile launcher at that bastard Jimmy the Monkey.
That’s why we’ve started the Bored Ape Kennel Club, and why we’re offering up a dog NFT for adoption to every single member of the BAYC – for free (you only pay gas).”
The Kennel Club is a collection of 10,000 dog NFTs that every Ape owner can mint. The minting phase will last for one week until June 25th, and once the adoption drive is done, the dogs will be revealed to their owners.
“There are 10,000 total Bored Ape Kennel Club NFTs. Each BAKC dog is stored as an ERC-721 token on the Ethereum blockchain and hosted on IPFS. Every dog in the kennel club is unique and programmatically-generated from over 170 possible traits. Some traits are rarer than others.”
The Kennel Club will also act as a charitable contribution to no-kill-animal shelters. Each for the next six weeks secondary sale on OpenSea will have a 2.5% royalty that will be donated to various no-kill shelters.
The floor price keeps on increasing with every passing hour, which is good news for these various charities. Currently, the floor price for the dogs is around 1.35 ETH and Twitter user, BelfortNFT, pointed out that BAYC just airdropped $30 million to their users.
the floor for bored ape kennel club dogs is now 1.35eth, which roughly equates to $3,000.— JordanBelfort (@BelfortNFT) June 19, 2021
$3,000 x 10,000 mints = $30,000,000@BoredApeYC sent us a thirty MILLION dollar airdrop yesterday.
For many, the work that the developers at BAYC seem to be a refreshing take on building a community. This is compared to the hands-off approach Larva Labs have done with CryptoPunk. BAYC appears to have exceeded expectations and proves they were not a collection made for a cash grab.
I'm probably sounding like a fanboy but @BoredApeYC exceeded all my expectations with Bored Ape Kennel Club.— VoteBBA.com 🥠 (@ape6743) June 18, 2021
The dogs look great and execution is flawless.
And what I love the most is that it will allow new people to join the club by getting a more affordable dog. pic.twitter.com/RYu5Y8Fb6V
It will be interesting to see what the developers have in store to continue building this community. According to their most recent roadmap, they are planning on releasing a “breeding” feature to Apes and a collab with SANDBOX.
In other news from BAYC, they appear to be handing out DMCAs to several artists trying to start their own projects with Apes.
One example is artist BobAmor, who was handed a DMCA by BAYC via OpenSea, for an apparent copyright infringement against his project, Bored Ape Card. The problem seems to stem from his use of the Bored Ape logo for his card, which BAYC has the right to. Click below to read his thread.
So, in response to @beaniemaxi / @TAYL0RWTF , I’d like to add some information to the #BAYC story.— BobAmor.eth 👁🔥👁 (@BobAmorMusic) June 20, 2021
I was contacted by @BoredApeYC with a copyright infringement message about @BoredApeCard pic.twitter.com/gziQF77TGA
Other artists to be handed DMCAs were TaylorWTF and Beanie. These DMCAs have sparked controversy because when BAYC sold each Ape, they promised all commercial rights to owners. We’ll have to see what the effects these DMCAs will have on BAYC. Will they backfire and turn the community against them?
I appreciate @BoredApeYC decision about “rights”. It will resolve the issue. We do require this in writing prior to @punkscomic compliance approving. This is just standard practice.— Beanie (@beaniemaxi) June 20, 2021
It would also be nice to have permission to use the logo on like a yacht club sign for instance. pic.twitter.com/jfxl28wYRc