Boring Ape Launches New Feature for Sewer Pass Holders
On March 16th, it was announced that “Boring Ape” BAYC today announced the official launch of “Summoning”. After that, Sewer Pass holders will be able to cast their latest NFT series HV-MTL.
The price of the new NFT series HV-MTL floor cast by BAYC “Call” has risen to 2.4 ETH, with a transaction volume exceeding 3600 ETH
Analysis based on this information:
Boring Ape Yacht Club (BAYC) made waves on March 16th with its announcement of a new feature called “Summoning”. The feature is exclusively available to Sewer Pass holders, and allows them to cast the latest NFT series, HV-MTL.
BAYC is a collection of 10,000 unique 8-bit ape NFTs on the Ethereum blockchain. Each ape has its own set of traits, and they have quickly become coveted by collectors and enthusiasts. The project gained momentum in 2021, as NFTs exploded in popularity and BAYC joined the ranks of other successful collections like CryptoPunks and Board Ape Yacht Club.
Sewer Pass is a membership level within the BAYC community. It is obtained by holding at least one BAYC NFT and participating in certain activities like community events and charity donations. Sewer Pass holders enjoy benefits like early access to new drops, exclusive merchandise, and now, the Summoning feature.
The HV-MTL series is the latest addition to BAYC’s offerings. It consists of 10,000 randomised NFTs featuring 8-bit weapons and other items. These items can be used in a future gaming platform that BAYC plans to launch, and they also have utility within the community.
With the Summoning feature, Sewer Pass holders will be able to cast their HV-MTL NFTs. Casting is a term used in the BAYC community to describe the process of combining multiple NFTs to create a new, more valuable one. This creates a sense of excitement and speculation around the NFTs, as holders try to figure out which combinations will yield the most valuable results.
Overall, the launch of Summoning is a significant development for BAYC and its community. It provides a new way for Sewer Pass holders to engage with their NFTs and gives them more control over the final outcome of their collections. It also adds to the overall utility of BAYC, as the HV-MTL series will have both gaming and community-related applications.
In conclusion, Boring Ape Yacht Club’s announcement of the Summoning feature and the launch of the HV-MTL series is a significant development in the world of NFTs. BAYC continues to innovate and provide value for its community, and its popularity only seems to be growing as a result.
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