Odaily News. Bored Ape Yacht Club is collaborating with SaaSy Labs to launch an IP (Intellectual Property) tool called Made by Apes later this month.

According to Greg Solano, co-founder of Yuga Labs, although people in the club have been using their IP to build things, there hasn't been a simple on-chain method to verify these things, nor an official directory to track everything done by Bored Apes and Mutant Apes. Therefore, the team and SaaSy Labs have come up with a solution.

SaaSy Labs is known for unlocking the potential of smart contracts through a blockchain-based legal agreement solution, facilitating the signing, management, and downstream financial mechanisms of legal agreements. The collaboration use cases listed on their website include on-chain automated licensing agreements and showcasing intellectual property.