Blue chip NFT lottery project ‘Bored & Lucky’ joins Yuga Labs IP Ecosystem
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USA, NY, 22 September 2022, Chainwire
As Bored Ape Yacht Club (BAYC) continues to reign supreme in the NFT space and goes well beyond mass adoption, we are seeing the emergence of projects that use the full potential of recognized jpegs – as BAYC owners have full intellectual property rights over their NFTs . Lately, the ecosystem has attracted many big names using the IP offered by BAYC, like Snoop Dogg and Eminem who crushed the VMAs and rocked their monkey personas like nobody’s watching.
Now the Yuga Labs IP ecosystem is joined by Bored & Lucky, the world’s first Bored Ape lottery platform. The platform gives everyone a fair chance to win blue chip NFTs and join some of the most exclusive NFT gated communities in Web3, such as BAYC, MAYC and CryptoPunks.
How it works
The entire process is completely transparent – all Bored & Lucky lotteries are Ethereum-based smart contracts. The NFT prize and funds received from ticket sales are locked in the contract and the only way to release them is via a lottery process that is 100% fair to all parties involved.
The prize draw is determined in a completely random and fair manner. To guarantee transparency and unbiased approach, the smart contract winner is determined via blockchain transaction using Chainlink VRF to independently generate a random number to draw a winner.
There are currently 3 open draws with a MAYC, a BAYC and a CryptoPunk, with the very first DeadFellaz #1175 NFT already drawn for a new winner.
Who is BAYC #4619
BAYC #4691 is an incredibly lucky monkey who has made his fortune from smart crypto investment choices. A true connoisseur of art and all things stylish, he now banishes boredom by spreading happiness and organizing raffles with life-changing blue chip NFTs.
For more information on Bored & Lucky visit https://boredlucky.com/
About Chainlink
Chainlink is the industry standard for building, accessing and selling oracle services necessary to run hybrid smart contracts on any blockchain. Chainlink oracle network provides smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations to enable feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming and other major industries, offering global enterprises and leading data providers a universal gateway to all blockchains.
For more information about Chainlink visit https://chain.link/
About Yuga Labs
The possibilities for blockchain’s impact on culture are endless. Yuga Labs is a Web3 platform building best known for the creation of Bored Ape Yacht Club and a recent Metaverse project Otherside, as well as the acquisition of CryptoPunks and Meebits.
For more information about Yuga Labs, visit https://www.yuga.com
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