The digital currency trading platform Coinbase is producing a three-part film series with the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC). The films will be crafted by Coinbase Entertainment and feature select BAYC NFT characters that will be crowdsourced from the Bored Ape NFT community.
Coinbase Entertainment is working on a three-part film series that will feature crowdsourced bored monkeys
On April 11, Coinbase announced plans to release a movie trilogy dedicated to the Bored Ape Yacht Club NFT collection. A report from one37pm.com says the crypto exchange is “celebrating and amplifying the BAYC community” via the movie trilogy.
Coinbase confirmed the films on Twitter after publishing a teaser tweet that said something was coming. A few hours later, Coinbase tweeted again and said:
Certainly something. We are creating a three-part interactive film featuring [Bored Ape Yacht Club] & Apecoin Communities. Come build with us [at] degentrilogy.com.
The one37pm.com announcement written by Charlie Kolbrener explains that Bored Ape owners can submit their Bored Ape NFTs to the web portal degentrilogy.com and if chosen, the Bored Apes will be featured in the three-part film adventure that also features the Apecoin project.
“At Coinbase, we are committed to creating and supporting content projects that speak directly to our community and support the Web3 culture of innovation,” said William Swann, Chief Culture and Entertainment Marketing Officer, Coinbase Entertainment. in a press release. Swann added:
As we aim to bring the next billion people into the crypto economy, we firmly believe that this interactive film series will act as a catalyst to serve that mission and help audiences understand the collaborative nature of Web3. We’ve been inspired by the Bored Ape Yacht Club community and [we are] excited to invite them to co-create this film with us.
Yuga Labs CEO Says The Movie Trilogy Is A ‘Breakthrough Project’ For NFTs
On Twitter, Coinbase said people can help make the movie by connecting their wallets, submitting a Bored Ape, and “hiding an Easter egg.” The move with BAYC comes before the company prepares to launch the upcoming Coinbase NFT marketplace. In mid-January, the exchange partnered with Mastercard to bolster the NFT market. Through this agreement, Mastercard credit and debit card users will be able to pay for non-fungible token assets through the Coinbase NFT marketplace.
Nicole Muniz, the CEO of Yuga Labs, the company that created the Bored Ape Yacht Club NFT project, said the film trilogy with Coinbase is a pioneering step for NFTs and entertainment.
“We see how NFTs are evolving into vehicles for accessing and participating in networks, games, merchandise and now interactive entertainment,” Muniz explained during Monday’s announcement. This is a groundbreaking project and we are excited to see how it shapes the future of Web3 for all communities,” added the CEO of Yuga Labs.
