Yuga IP Landscape April Update: Network Effects Become Increasingly Prominent
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Yuga IP Landscape April Update: Network Effects Become Increasingly Prominent
In just one month, the Yuga IP ecosystem has demonstrated multidimensional, high-quality, extensive updates and quantitative growth, with network effects becoming increasingly evident.
Navigating Web3 tides with focused insightsText: Harry Liu
Translation: Wayne Zhang
Within just one month, the Yuga IP ecosystem has demonstrated multidimensional, high-quality, extensive, and numerically significant updates, with network effects becoming increasingly evident.
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Multidimensional: IRL gatherings, new Gucci collaboration, continuous IP expansion through partners, etc.
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High-Quality: New entrants include Web2 brands, communities, games, and talent joining the IP ecosystem.
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Extensive Updates: Over 70 projects have been updated.
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New Numbers: Project count reached a record high of 287, with AIPs totaling 15.
Below is the complete Yuga IP ecosystem map for April:
Here’s an overview of this month’s major IP developments (abridged version; for full details see the original):
Gucci launched its first project in Otherside, further exploring the intersection between fashion and Web3 following its long-term partnership with Yuga Labs.
Bored Breakfast released their signature blend "Proof of Work," now offering:
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Weekly shipping;
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Multiple delivery options;
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A fully operational subscription system.
BoredCoffee is coffee for every taste!
"notNFTNYC" went viral this month as BoredCoffee teamed up with OrangeHerd.eth and BubbleSquad to bring coffee directly to the event floor! The event was organized by LOR3LORD, the talented host from ALL OF US Radio.
Serum made exciting strides, recently attending Comic Con Cape Town—an IRL event in South Africa!
WAGMI Games announced a collaboration with Serum; Serum's featured energy drink can now be collected within Pixels Game.
To celebrate community support and mark Bored Ape Yacht Club’s second anniversary, Bored Bagels launched an IP giveaway campaign.
Blockee Coffee is currently one of Shanghai’s most popular Web3-themed cafes—a dedicated team pushing forward the NFT world; actively participating in community events and collaborating on IRL activations!
You can now tune into Tequila Time Podcast to hear what’s happening in and around the BAYC space! They’re diving into early Apes stories and recently announced a new podcast series: Ladies of BAYC.
The Bored Brewing Company is a brewery leveraging BAYC IP to craft unique brews! Founded by Pieter, they recently launched a new product—English Pale Ale—and are partnering with mrbayc.eth. More flavors coming soon!
The world’s first NFT-branded barbershop, Bored Barbers, has arrived! Using MAYC IP as their brand mascot, let’s support their entrepreneurial journey and experience the future of barbering!
The future might already exist within ilovenft.xyz’s physical ecosystem—they're working hard to blur the lines between digital and physical.
PunkDAO is the OG community behind CryptoPunks, continuously focusing on community building and leading meaningful connections and interactions. Whether you're an experienced CryptoPunks collector or a newcomer, apply to join PunkDAO and take action.
Seize The Meebs is a series from MeebitsNFT focused on bringing us memes and art; SZN 2 airdrops will begin via their public pass on May 4th.
ApeVine introduces another unique concept using BAYC IP: ApeVineLLC will authenticate bottles using individual NFC chips, launching this summer; “Wine Futures” are becoming reality. The genesis run of 1,000 rosé bottles has already been shipped.
Wagmi-San at 10KTF stayed busy in April:
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Announced G-Tags will become part of the 10KTF PFP collection;
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Completed G-Tag recycling;
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Collaboration with PUMA will feature handcrafted PFP-themed sneakers designed by Wagmi-San.
The team behind Mutant Cartel announced that Serum City, an interoperable city builder in the Yugaverse, will launch in Q3 this year, along with a partnership announcement with tokenproof.xyz, an industry leader in token-based experience technology.
Rida continues to bring Yuga IP to life through his 3D sculptures:
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(All of them!) HV-MTL Mechs;
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Flying Mutant Hound mounts in Otherside;
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AppliedPrimate’s giant mutants.
And if that weren’t enough, he’s also developing gameplay experiences for Otherside.
In April, Vora Labs achieved the following milestones:
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New partnership with Mutant Hound faction Skull Legion;
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DashBoared release date (early May);
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Flappy Koda Tournament.
They even teased some Unreal Engine 5 R&D featuring MAYC and weapons.
It’s time to celebrate BAYC’s 2nd anniversary—Bored Club Canada hosted offline parties for Canadian fans. Bored Ape Yacht Club continues to grow stronger both online and offline—truly an exciting moment.
BAYCkada completed its first fundraising campaign, raising funds for children at Autism Society Phils and Museo Pambata. Thanks to JBond, an auction artwork stunned everyone. Additionally, they unveiled their coloring book initiative to raise money for charity.
Bored Golf partnered with Honma Golf, renowned for its premium handcrafted golf clubs. To celebrate this collaboration, they launched a revenue-sharing pool allowing holders to deposit their IP and earn royalty income splits.
During NFT-NYC 2023, apes in New York City attended a not-so-boring event.
Thanks to strong support from ParaSpace and Bayc Council, Big Apple Apes hosted an unforgettable party filled with diverse drinks and wild music. Attendees included BoredTea, Mebynetta.eth, and other ape members.
ChimpersNFT Adventure 2 has concluded. Players completed ocean exploration, Ocean Flame card Quack quests, and discovered three mysterious gems. Despite completing tasks and earning numerous rewards, many mysteries remain:
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What are these gems?
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What will the next adventure bring?
Thanks to Jenkins The Valet, the Writers Room has successfully undergone renovation and will serve as an ideal creative hub for content creators. Additionally, the first creative challenge is now underway.
0x0 Metaverse Music Label brought music to Asia’s first fashion show inspired by Medicine Man NFT.
KINGSHIP continues enhancing its community game. They’ve added an exciting new auction system offering KINGSHIP NFTs and physical goods as rewards.
The BAYC community is redefining the art world, and Shilly’s work exemplifies the incredible creativity and passion present within it.
Get ready for some serious fun—Storyverse released its first gamified rom-com story: Fez Love. The Storyverse community recently welcomed JBond as their Bored Ambassador. Excitement builds over how these IP use cases will unfold!
FILT3R Studio just received 5 Bored Ape Thumbs from APE TANK! This educational NFT review platform is making the NFT space safer!
Boring Security has been collaborating with many communities promoting NFT security—so they’re hard at work!
OthersideMeta received an update—Team Glacia earned Winged Helm airdrops for victory. Winged Helm is a cosmetic enhancement for Voyager avatars usable in upcoming Otherside journeys.
Spicy Legends also received an update. To participate, you’ll need:
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Otherdeed Expanded NFTs;
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Koda, Kodamara, Mara, or Vessel.
Otherdeed Expanded NFTs will initially serve as the board for a 2D web game.
Key April updates for OthersideMetaKey:
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Container nesting;
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Environmental tiering and staff capacity;
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One farmer or hunter per environmental layer;
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Kodas can be hunters, farmers, or mages.
The Bulletin Bored and Vulkan created the April Update Dashboard.
April saw a record-breaking 15 AIP proposals; voter participation declined for six consecutive weeks; number of DAO AIPs in draft stage continues to drop.
TasteMakerz x Pixels Game launch was a huge success, with the following activation stats so far:
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2k daily active players;
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30,000 Bored Burgers crafted daily;
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D15 retention rate of 46%.
IP3® and Blocklike collaborated at HKWeb3Festiva:
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Over 50 attendees energized;
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Continued support for Hong Kong’s Web3 movement;
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More than 200 PFP demos amazed everyone.
Vis.eth is enabling more BAYC IP use cases and protocols through IP3®.
Meebits NFTs are celebrating their 2nd birthday and launched Living PFPs, allowing users to express their moods. Currently available mood PFPs include: MEEBIN | SHY | SWOON | GM | NOPE | CHILL | SPICY | GN | HEATED | ZOOMIN | DAZED | DED | HYPE.
Additional Meebits NFT updates include: new full-body rendering styles for Meebits; ability to toggle between 2D full-body renderings and a 3D webGL viewer that displays Meebit moods; metadata remains unchanged when switching moods.
League of Blue Chips is a noteworthy NFT platform featuring:
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A series of games and films starring Blue Chip NFT characters;
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Exclusive club for Blue Chip NFT holders;
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An NFT IP sharing platform where holders, artists, and communities collaborate to tell next-gen stories.
Summary
IP projects are no longer developing in isolation—collaboration has become a new theme within the IP ecosystem. Leveraging the powerful network effects of the IP ecosystem, brands and projects can achieve broader commercial capture, while individuals can integrate their value creation with IPs for new opportunities.
Last month, Forj invited Yuga IP builders to participate in a Twitter Space, reaching over 200 live participants and over 600 cumulative attendees. While spreading awareness of IPs, the session also helped the public understand Forj’s initiatives—including our BAYC-themed bounty task launched with Pixel Game and the TasteMakerz guild. This is just one example of the utility and benefits provided by the IP Map. Beyond this example, the IP Map can help you achieve 20 additional things:
In April, the NFT market hit annual lows in sales volume, active players, and traders. If simply issuing NFTs as a means of profit, the market clearly won't respond. Many blue-chip projects have seen declines in holder counts and trading values alike. Maintaining communities and cultivating NFT brand equity have thus become key directions for blue-chip communities to explore. In our view, whether for commercial value capture or community culture development, Yuga Labs’ IP development model serves as a benchmark for both types of NFT projects.
Moreover, beyond network effects, the Yuga ecosystem—as the largest NFT ecosystem—also possesses strong crossover appeal, boasting the most connections with IRL and Web2, continuously helping the next billion Web3 users deepen their understanding of Web3 culture.
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