Bored Ape Yacht Club creator Yuga Labs on Wednesday opened the minting of its latest NFT collection, HV-MTL, through a so-called “call-in process” where owners of Sewer Pass NFTs can burn — destroy — them in exchange for robots described as Mechs.
HV-MTL (Heavy Metal) is a collection of 30,000 “Evo 1” Mechs that Sewer Pass NFTs release from a “Power Source” when burned and which will provide access to future games and content.
The floor price for the HV-MTL NFTs reached 2.7 ETH, around $4,445 each, on OpenSea on Wednesday. HV-MTL also crossed 2,588 ETH on the secondary market, around $4.3 million.
Dookey Dash was a browser-based “endless runner” game that challenges players to get as far as possible through a virtual sewer system, trying to avoid obstacles while picking up items.
Last month, NFT racing game Dookey Dash ended when esports star Kyle “Mongraal” Jackson won the first race.
Over 25,000 players took part in the race which used Sewer Passes – unique digital collectibles only available to Bored Ape Yacht Club members – as fuel. Now these sewer passes will become mechanized companions for their owners’ monkeys.
Some collectors complained about issues with HV-MTL metadata and missing “companion” properties. Yuga Labs said it was investigating, and that in the meantime, “the property has been removed from the collection for now and we will push a metadata update once this is resolved.”
The problem was resolved more than four hours later.
Along with the enthusiasm surrounding the latest Bored Ape-related NFT drop comes the need for extra caution. Scammers posing as the Bored Ape Yacht Club circulated malicious website links to lure and ensnare potential collectors.
Yuga Labs has long been associated with the Ethereum ecosystem and NFTs, but the company expanded into the Bitcoin ecosystem last month when it launched a collection of 300 generative artworks, Twelvesfold, which raised over $16 million.
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