Business News Report
May 10, 2023

Animoca Brands Partners With ALTAVA To License Its Bored Ape Yacht Club NFTs

In Brief

ALTAVA announced its licensing partnership with entertainment leader Animoca Brands. 

The entertainment giant has licensed the Bored Ape Yacht Club intellectual property to ALTAVA’s Bored Ape Golf Club, a golf-focused derivative.

Animoca Brands Partners With ALTAVA To License Its Bored Ape Yacht Club NFTs

Singapore-based luxury fashion group ALTAVA, which develops fashion-themed metaverses, announced its licensing partnership with entertainment leader Animoca Brands. 

The deal enables ALTAVA Group to use the Bored Ape Yacht Club NFT collection, which currently makes part of Animoca Brands’ portfolio.

According to the press release shared with Metaverse Post, the blockchain-focused entertainment giant has licensed the Bored Ape Yacht Club intellectual property to ALTAVA’s Bored Ape Golf Club, a golf-focused derivative. Notably, the latter is not affiliated with the original BAYC collection and there is no official collaboration, partnership, or other affiliation with Yuga Labs, Inc. However, given the popularity of the Bored Ape Yacht Club imagery, the themed community-driven project is also successful. 

In December 2022, Animoca Brands’ subsidiary, The Sandbox, introduced the Bored Ape Golf Club to the metaverse. ALTAVA and OneFootball powered this digital football and golf-themed experience. ALTAVA and The Sandbox are also building the ALTAVA Club House in the metaverse. The digital venue is a replica of the Seoul-based pop-up store that showcases the Bored Ape Golf Club collection. In addition to such partnerships, Animoca Brands is an investor in Altava. 

So, the special edition Bored Ape Golf Club non-fungible tokens will support outfits branded by Animoca Brands and The Sandbox. 

Golf-themed NFTs will grant holders access to several of the most exclusive golf country clubs in Turkey, Korea, and Vietnam. NFT holders will also receive custom physical BAGC-branded golf merchandise and Bored Ape Golf Club voxel twins tokens that can be used in The Sandbox metaverse. More than that, owners will get intellectual property ownership, licensing, and management service, meaning they can create derivative projects and monetize their IP. 

The current floor price of the BAGC collection is 0.1 ETH (approximately $184 at the moment of writing). 146 ETH of volume has been traded since the collection’s release in February of this year.

Read related posts:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

Hot Stories
Join Our Newsletter.
Latest News

The DOGE Frenzy: Analysing Dogecoin’s (DOGE) Recent Surge in Value

The cryptocurrency industry is rapidly expanding, and meme coins are preparing for a significant upswing. Dogecoin (DOGE), ...

Know More

The Evolution of AI-Generated Content in the Metaverse

The emergence of generative AI content is one of the most fascinating developments inside the virtual environment ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Philippine SEC Requests Removal of Binance From Local Apple and Google App Stores
Business Markets News Report
Philippine SEC Requests Removal of Binance From Local Apple and Google App Stores
April 23, 2024
Magpie’s SubDAO Organization Eigenpie Integrates SSV.network To Offer ETH Native Restaking
Business News Report Technology
Magpie’s SubDAO Organization Eigenpie Integrates SSV.network To Offer ETH Native Restaking
April 23, 2024
ARIA Co-Founder Jonathan Solomon Unveils Innovative Crypto Analytics Platform Bridging the Gap Between Traditional Finance and Crypto
Interview Business Software Technology
ARIA Co-Founder Jonathan Solomon Unveils Innovative Crypto Analytics Platform Bridging the Gap Between Traditional Finance and Crypto
April 23, 2024
Crypto Exchange Upbit To List BIGTIME And Akash Network’s AKT Tokens For Trading
Markets News Report Technology
Crypto Exchange Upbit To List BIGTIME And Akash Network’s AKT Tokens For Trading
April 23, 2024