Yuga Labs Unveils Dookey Dash with NFT Sewer Passes

Yuga Labs Launches Dookey Dash

Yuga Labs, known for its Bored Ape NFTs, announced the launch of Dookey Dash, a new skill-based blockchain game. The game requires players to obtain NFT Sewer Passes, which were introduced on January 12, 2023. The initial Sewer Pass mint achieved remarkable success, generating over $6 million in just a few hours.

NFT Sewer Passes: Key to Gameplay

The NFT Sewer Passes are structured into four tiers, which depend on the NFT holdings of the player. Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) holders can claim a pass, with the highest tier available to those holding Bored Ape Kennel Club NFTs. These passes are essential for accessing Dookey Dash, available for play until February 8, 2023.

Market Dynamics and Pricing

The secondary market for these NFT passes is thriving, with Tier 1 passes starting at 1.635 Ethereum, equivalent to approximately $2,479.79. The top-tier, Tier 4 passes, are priced at 5.25 Ethereum, or about $7,962.62. The collection has already generated over 8,000 Ethereum in sales, showcasing significant demand and interest among blockchain gaming enthusiasts.

Yuga Labs' Strategic Moves

Despite its success, the NFT Sewer Pass collection is not available on some popular NFT platforms like NFTX and LooksRare. This strategic decision highlights Yuga Labs' commitment to enforcing NFT artist royalties via specific conditions embedded in their smart contracts.

Importance of Yuga Labs in the Web3 Space

Yuga Labs continues to solidify its position as a leading entity in the Web3 ecosystem, with a valuation of $4 billion. The firm is actively developing an interoperable metaverse, furthering its influence in the crypto and NFT markets.