US, NY, September 22, 2022, Chainwire
As the Bored Ape Yacht Club (BAYC) continues to rule the NFT space and move much further towards mass adoption, we are seeing the emergence of projects that use the full potential of renowned jpegs – as BAYC owners have full intellectual property rights about their NFTs. Recently, the ecosystem has attracted many big names using IP offered by BAYC, such as Snoop Dogg and Eminem who crushed the VMAs while rocking their monkey characters like no one was watching.
Now Yuga Labs’ IP ecosystem is joined by Bored & Lucky, the world’s first Bored Ape lottery platform. The platform offers everyone a fair chance to win blue chip NFTs and join some of the most exclusive NFT gated communities in Web3 such as BAYC, MAYC and CryptoPunks.
How it works
The whole process is completely transparent – all Bored & Lucky lotteries are based on Ethereum smart contract. The NFT prize and funds received from ticket sales are set out in the contract and the only way to release them is through a raffle process that is 100% fair to all parties involved.
The winning ticket is determined in a completely random and fair manner. To ensure transparency and unbiased approach, the winner is determined by a smart contract through a transaction on blockchain using Chainlink VRF to independently generate a random number to draw a winner.
There are currently 3 open raffles featuring a MAYC, a BAYC and a CryptoPunk, with the very first DeadFellaz #1175 NFT already raffled to a new winner.
Who is BAYC #4619
BAYC #4691 is an incredibly lucky monkey who has made his fortune with smart crypto investment choices. A true connoisseur of art and all things class, now banish boredom by spreading happiness and organizing raffles with life-changing blue chip NFTs.
For more information about Bored & Lucky, visit https://boredlucky.com/
Chainlink is the industry standard for building, opening and selling Oracle services needed to enable hybrid smart contracts on any blockchain. Chainlink Oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computation to enable feature-rich applications. Chainlink currently secures tens of billions of dollars in DeFi, insurance, gaming and other major industries, providing global enterprises and leading data providers with a universal gateway to all blockchains.
For more information about Chainlink, visit https://chain.link/
About Yuga Labs
The possibilities for the impact of blockchain on culture are endless. Yuga Labs is a Web3 platform building best known for the founding of the Bored Ape Yacht Club and a recent Metaverse project Otherside, as well as the acquisition of CryptoPunks and Meebits.
For more information about Yuga Labs, please visit https://www.yuga.com
BAYC #4619, [email protected]