NiftyNoon: Does the Yuga Labs HV-MTL Forge Reward Bored Ape Yacht Club?
The HV-MTL forge is here as Bored Ape Yacht Club prices continue to decline (June 29, 2023)
Nifty Thought
The forge for Bored Ape Yacht Club’s HV-MTL is finally here. Yuga has positioned the game as a mixture of a pet game and casual world builder that ends as a competitive dungeon crawler. Notably, there is a social component where people vote for different builds to progress them through the game. This will likely result in a lot of engagement on various online platforms such as Twitter and Discord.
However, although this is a project being placed under the Bored Ape Yacht Club branding, there is very little that shows that holders of the original Bored Ape Yacht Club collection will be elevated in this game. This harkens back to the controversies surround Azuki and it’s problems elevating its own original collection. Ultimately, this presents the great paradox that all popular NFT collections are facing. On one hand, they want to reward their earliest supporters and provide them with an elevated experience. On the other hand, they want to be welcoming to new users in a manner that encourages them to enter the project despite not owning any previous assets.
While Yuga could implement game features to reward its original holders with a head start in the HV-MTL forge, that advantage becomes a headwind discouraging prospective gamers from even trying the game out. In the long run, it may be better to elevate original NFT holder experiences with aesthetic perks rather than gameplay perks. This still keeps the collections desirable and prestigious while still enabling new users to join the game on equal footing. Nonetheless, all eyes will be on Yuga Labs and their approach for this as their HV-MTL forge game launches.
Highlighted News
Bored Ape Yacht Club shares HV-MTL Forge Cinematic Trailer:
https://twitter.com/boredapeyc/status/1674055163491889153?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Azuki addresses recent frustrating Elementals developments:
https://twitter.com/azuki/status/1673993161662959617?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Project and Community News
Yuga Labs cofounder shares thoughts on HV-MTL ahead of the launch tomorrow:
https://twitter.com/CryptoGarga/status/1674066755046588419?s=20
@Grail.eth tweets Azuki has #onelastdance and this is going to be the best one yet:
https://twitter.com/graildoteth/status/1674226633127895043?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Highly anticipated Ether mint date revealed:
https://twitter.com/ether/status/1673843443725107202?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Moonbirds share every day, starting in July, 50 Mythic Eggs and 50 Oddities will be randomly selected to start their journey to reveal:
https://twitter.com/moonbirds/status/1674057894856122370?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
For Azuki the meta has changed:
https://twitter.com/pimpcapital/status/1674107947788664833?s=20ase
@zaingaziani joining Cool Cats as a Sr. Content Producer:
https://twitter.com/zaingaziani/status/1668615399250731008?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Cool Cats announce some big ecosystem changes during their Town Hall earlier:
https://twitter.com/coolcats/status/1674151280799801347?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Open Sea API announce New Release - v2 NFT Endpoints:
https://twitter.com/apiopensea/status/1673789227539267584?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Sotheby’s introduces the Sotheby's Gen Art Program fueled by the innovative ArtBlocks Engine, kicking off with pioneering artist Vera Molnár:
https://twitter.com/sothebysverse/status/1674071863645855749?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Monkey DAO shares @SolanaMBS Gen3 Public Raffle is Tomorrow:
https://twitter.com/monkedao/status/1674188106298163201?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Azuki holders currently own 94% of Elementals, and Beanz holders own 68% of Elementals:
https://twitter.com/nansen_ai/status/1674030189620367364?s=20
HAAS F1 team getting involved in NFTs:
https://twitter.com/haasf1team/status/1674082113216184320?s=46&t=M6kzsY5WkyiNDOzv7ml82w
Check your drop eligibility for the GutterMelo MB.03:
https://twitter.com/guttercatgang/status/1674097877864574977?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Decentralized Twitter rival Damus will be removed from the App Store over Bitcoin tipping:
https://twitter.com/jack/status/1673640974143168512?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Pretty brutal watching all the Azuki liquidations over the last day:
https://twitter.com/cirrusnft/status/1674160875396284417?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Quick Stats:
OpenSea Daily Volume: 3,560 ETH (▼ 3.16%)
Blur Daily Volume: 23,701 ETH (▼ 21.53%)
BTC: $30,384.52 (▲ 0.66%)
ETH: $1,847.89 (▼ 0.27%)
Solana: $16.26 (▲ 1.69%)
Polygon: $0.62 (▼ 1.38%)
NFT Daily Winners:
🧝🏼♀️ DigiDaigaku: 3.44 ETH (▲ 13.16%)
🥃 Proof Collective: 6.50 ETH (▲ 6.56%)
🦧 Bored Ape Yacht Club: 37.70 ETH (▲ 3.71%)
🧟 Mutant Ape Yacht Club: 7.37 ETH (▲ 1.43%)
🦉 Moonbirds: 1.47 ETH (▲ 0.20%)
NFT Daily Losers:
🐈⬛ VeeFriends: 1.78 ETH (▼ 0.01%)
🏳️🌈 Chromie Squiggles: 10.36 ETH (▼ 0.19%)
🏴☠️ Captainz: 7.43 ETH (▼ 0.96%)
🐧 Pudgy Penguins: 4.29 ETH (▼ 1.15%)
⛩️ Azuki: 9.21 ETH (▼ 1.51%)
🌈 Doodles: 1.45 ETH (▼ 1.96%)
🚬 CryptoPunks: 45.50 ETH (▼ 2.78%)
🥔 Potatoz: 1.82 ETH (▼3.70%)
🧬 Clone X: 1.62 ETH (▼ 5.26%)
Notes:
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