Business News Report
December 21, 2022

Yuga Labs is set to release the Trial of Jimmy the Monkey

In Brief

Yuga Labs announces the upcoming release of the Trial of Jimmy the Monkey

Holders of BAYC and MAYC NFTs are eligible for a free mint

Yuga Labs announces an upcoming mint for the Trial of Jimmy the Monkey. The creators of the Bored Ape Yacht Club NFT collection shared the news on the official Twitter page of the project.

The company has been building the experience for a while now. Yuga Labs first announced the trial of Jimmy the Monkey in September, and it is finally set to come out on December 21. According to the tweet thread, the trial will start with a short film. The experience will kick off a new chapter in the story of the BAYC NFTs

“Pieces of the narrative will be released along the way. Pay attention to the signs, details might be important down the line,”

states the Twitter thread.

At the end of the trial, Yuga Labs will release an interactive mint event for the owners of Bored Ape and Mutant Ape tokens. The playable experience will contain tests of skills and knowledge, most probably BAYC-related. Notably, the minting will be free of charge. However, individuals wishing to enhance the minting experience can choose to spend some $APE. 

The upcoming project will feature a total of four tiers. Yuga Labs emphasized that collectors who own a Bored Ape Kennel Club NFT in addition to BAYC or MAYC collections will have a separate rarity tier. Following the announcement, the dog-themed BAKC collection’s floor price went up from 6 ETH to 8.12 ETH.

Yuga Labs

Even though Yuga Labs is currently under SEC investigation, collectors continue purchasing the Ape NFTs. The floor price of the collection is 69 ETH (approximately $83,766 at the time of writing). 

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]

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