On July 11, the first Web3 derivative novel Bored & Dangerous NFT with the background of Bored Apes Yacht Club (BAYC) was launched in the Dutch auction. The supply of this public sale is 2,367, and the public sale price starts from 0.8 ETH starts and decreases by 0.05 ETH every 15 minutes until sold out. The final price of the public sale is 0.2 ETH. Anyone minting above the sell-out price will receive an on-chain refund for the difference. The current floor price of this work is 0.26 ETH.

Derivative IP nourished by BAYC

In less than a year since its birth, BAYC has successfully created the most iconic and well-known brand in the NFT community. Its floor price once exceeded 100 ETH, and it has been occupying the first place in the major NFT rankings for a period of time . Its derivative product MAYC also completed a turnover of US$1 billion in just 7 months. With the series of operations of BAYC parent company Yuga Labs this year, such as the acquisition of CryptoPunks and Meebits, the launch of Metaverse Otherside, and the issuance of token APE, etc., the value of BAYC has soared again, and most holders have gained a lot in the NFT field. rich.

More importantly, the greatest value of BAYC is that it grants the copyright to the holder, and those who hold Bored Ape can commercialize their NFT, so that the holder can not only endorse the value of their derivative projects through BAYC, but also You can earn high income from it.

An NFT player holding Bored Ape #1798 used his boring ape to create a derivative project. The player named his boring ape Jenkins, because Jenkins is dressed a bit like a valet who waits for guests to park. So it was also given the role of valet and was affectionately known as Jenkins the Valet. (Jenkins the valet)

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A derivative novel that votes to decide the direction of the plot

Jenkins the Valet is crowdfunding a BAYC-themed novel - Bored & Dangerous - via the Writer's Room. Bored & Dangerous, written by New York Times best-selling author Neil Strauss, features 4,075 BAYCs and MAYCs as characters, and the story of each character, as well as the overall plot of the novel, will be voted on by 3,000 members of the Writer's Room. Neil Strauss used more than 30 voted-in ideas in this Bored & Dangerous novel.

In addition, the book also gathered many big names. MBSJQ (Top 20 highest paid SuperRare artists) designed the book cover and the entire book NFT. Murda Beatz (Grammy nominated producer) produced a custom track for the book NFT. IC4 Design (a world-renowned design firm based in Hiroshima, Japan) created the "Where's Jenkins" search and lookup feature, and Loor Nicolas (an amazing artist from Barcelona) did all the illustrations in the book.

As long as players own BAYC and MAYC, they can authorize their NFT to Writer's Room, so that their NFT will have the opportunity to appear as story characters in the novel Bored & Dangerous, and they can also get part of the novel's revenue.

There are a total of 20,826 Bored & Dangerous NFTs, and July 11th is the public sale stage, with a total of 2,367 minted.

The second stage is the "Writelist mint" stage, which was opened on July 12 and will last for 48 hours. There are 11,517 NFTs in this stage, and the price of each NFT is 0.15 ETH. Of these, 6,942 were given to Writer's Room NFT members, 4,075 were given to those who had licensed BAYC and MAYC copyrights to Writer's Room, and the other 500 were given to specific winners. NFTs not minted during this phase will be burned.

In the final phase, all Writers Room NFT holders will be free for one week, and you can claim it with a wallet containing the Writer's Room NFT. The opening period is from July 13 to 20, and a total of 6,942 NFTs will be provided during this period.

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Writer's Room for creating character stories for Bored & Dangerous

Did the team care what he was thinking when Jenkins the Valet was born? where is he from? How he interacts and provides services with other BAYCs and MAYCs. To bring these ideas to life, Jenkins the Valet created the Writer's Room.

Writer's Room is a decentralized writing community. To become a member of this community, you need to hold Writer's Room NFT. These NFTs can unlock some members-only web3 rights, such as having the creative direction of the novel (title, genre, plot, ending, Voting rights for cover art, illustrations, etc.). Currently, the floor price of this NFT is 1.49 ETH.

Specifically, the Writer's Room contains 6,942 NFTs, which are divided into 4 levels, corresponding to different times of voting opportunities, and the chances of the holder's authorized BAYC and MAYC NFTs appearing in the book.

Valet parking tickets can earn 5 votes, allowing their NFT to appear in Bored & Dangerous' acknowledgments.

The yacht key can get 10 voting rights, allowing its NFT to appear in a certain storyline

Valet parking spaces can get 50 votes, allowing their NFTs to have additional story content.

The yacht can get 215 voting rights, allowing its NFT to appear as a character in the work.

In addition, every member of the Writer's Room will receive a physical copy of the Bored & Dangerous book, and they will also consider writing books for other NFT projects in the future.

Through the creation of Bored & Dangerous, holders of BAYC and MAYC NFTs have changed from consumers to contributors, and can enjoy royalties from book sales, and approximately 50% of all net profits will be shared among parties that license the NFT copyright distribute. The release of Bored & Dangerous NFT is the first example of Web 2 authors sneaking into Web 3 and writing NFT native works, and it is also a new attempt to collectively participate in the creation of literary works.

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