What is BAKC? BAKC is a collection of 9,602 NFTs on Ethereum featuring dogs in various unique colors. Let’s find out what is special about this project with Weakhand in this article.
Before jumping into the article, you can learn more about some of the following NFT collections to gain more knowledge about the NFT market:
- What is Bored Ape Yacht Club (BAYC)? Overview of the Bored Ape Yacht Club NFT collection
- What is Azuki? Overview of the Azuki NFT collection
- What are Doodles? Overview of the NFT Doodles collection
- What is CryptoPunks? Overview of the CryptoPunks NFT collection
What is Bored Ape Kennel Club (BAKC)?
Overview of the BAKC collection
BAKC is a collection of 9,602 NFTs on Ethereum featuring dogs in many unique colors. BAKC is released by Yuga Labs and was created to reward NTF Bored Ape Yacht Club (BAYC) owners. There is another reason why Yuga Labs chose images of dogs for this collection: they just love dogs and want each ape to have a four-legged companion.
What is BAKC?
BAKC was launched on June 18, 2021, each BAYC NFT owner can mint 1 BAKC NFT for free. However, this event is only limited to one week and ends on June 25, 2021. This leaves nearly 400 BAYC holders out of the process leaving a total of only 9602 BAKC NFTs currently on the market (compared to 10000 BAYC NFTs).
Yuga Labs also took a humane action when dedicating all revenue from copyright fees in the first 6 weeks to dog protection charities.
Features of NFT BAKC
The entire NFT collection is made up of more than 170 different characteristics from fur color, eye and mouth position as well as various accessories such as hats, glasses, shoes, etc. In which, each NFT is made up of 8 different attributes include:
- Back has 16 different types including: Service Vest, Beer Kegs, Basketball Hoop,….
- Background has 5 different types including: Swamp, Outhouse, SS Monke Biz, …
- Eyes has 32 different types including: Closed, Happy, Anime, Sad,…
- Feet has 17 different types including: Cast, Rain Boots, Combat Boots, ….
- Fur has 16 different types including: Tan, Black, Brown,…
- Head has 32 different types including: Sea Captain’s Hat, Fez, Cowboy Hat, …
- Mouth has 36 different types including: Hot Dog, Beer Can, Bone,….
- Neck has 23 different types including: BAYC Collar, Red Collar With Bone, Hawaiian Bandana, …
Each attribute has a different quantity and rarity, in which NFTs with the Head attribute are the rarest Party Hat with only a maximum of 33 pieces.
Ultility of BAKC NFTs
BAKC holders have some of the following benefits:
- Grants access to the BAYC ecosystem including opportunities to earn rewards and exclusive access to communities and events.
- Having intellectual property (IP) rights, this allows owners to monetize their NFTs by creating and selling goods that resemble the NFTs.
- In the future, users can Stake BAKC to receive APE tokens.
- Use as profile picture on social networking platforms.
- Use as collateral on NFT Lending platforms such as: JPEG’d, NFTfi, Arcade,…
Development roadmap
Update…
Specifications of the BAKC NFT collection
- NFT collection name: Bored Ape Kennel Club
- Classification: PFPs
- Total number of NFTs: 9602 NFTs
- Blockchain: Ethereum
- Number of features: 8
- NFT contract: 0xba30E5F9Bb24caa003E9f2f0497Ad287FDF95623
Project Community
BAKC benefits from the large community from BAYC as well as being part of the strong ecosystem of Yuga Labs. Therefore, BAKC’s communication power to members of the BAYC or Yuga Labs community is huge.
Core Team
BAKC is developed by Yuga Labs
BAKC is developed by Yuga Labs – a company known as King Midas in the NFT market. Yuga Labs is a technology company in the NFT field founded in 2021 by 4 members including: Gargamel, Gordon Goner, Emperor Tomato Ketchup, No Saas.
Investor
March 22, 2022: Yuga Labs announced the successful raising of $450M in Seed Round with a company valuation of $4B led by A16z. There are also a number of other investors such as: Animoca Brands, The Sandbox, Thrive Capital,…
Exchanges
BAKC is traded on many popular NFT Marketplaces such as: OpenSea, Blur, LookRare,…
BAKC Information Channel
- Website: https://boredapeyachtclub.com/#/kennel-club
- Twitter: https://twitter.com/BoredApeYC
- Discord: https://discord.com/invite/3P5K3dzgdB
- Instagram:
summary
BAKC is the next project that Yuga Labs introduces to the community after BAYC. Although it is only used to airdrop to NFT BAYC owners, BAKC also has great appeal to the community and has had a very good growth rate since its launch. Hopefully the information I provide in this article has helped people gain interesting knowledge about BAKC.
