Is Bored Ape Game A Cash Machine For Top Players?

March 4, 2023 - Around 9 mins mins to read

Key Points:

Pro players made $10 million in 3 weeks with Bored Ape’s title.
BAYC has attracted the attention of the market with the announcement of the promotional video and the launch of the game Dookey Dash.
The developers have just created a simple web game that has boosted the prosperity of many target markets in the ecosystem.

How can you make ten million dollars in three weeks? Something regular people cannot even imagine, e-sports professional player Mongraal can easily achieve in a few games. The new game Dookey Dash made by the blue-chip NFT initiative Bored Ape Yacht Club is where he makes money (BAYC Bored Ape).

Is Bored Ape Game A Cash Machine For Top Players?

Similar to “Temple Run,” this game. Mongraal advanced all the way to the championship, winning the top prize, “Jimmy Key,” out of 25,000 players. He successfully sold this “golden key” for 1,000 WETH two days earlier, making a profit of almost $10 million.

Mongraal, as a skilled professional player, deserves to be the main winner of this game, and the other winner is BAYC, the game’s originator.

BAYC progressively lured people into the storyline game of “approaching the butt of the small monkey from the sewer to grab the key to the treasure box,” beginning with the publication of the ridiculous pilot promotional film. According to data, each player spent an average of 27.7 hours in the game over the course of three weeks.

This simple web game has sparked interest in several NFTs and official tokens of BAYC and APE. During the NFT market’s barren phase, BAYC once again gave fresh ideas for NFT enterprises.

E-sports player earns tens of millions by clearing. Dookey Dash

On February 28, a high-profile transaction on the NFT exchange Opensea was completed. The enigmatic and valuable “Jimmy Key” was sold for 1,000 WETH.

Jimmy Key is the final reward in Dookey Dash, BAYC’s official game. This game is similar to “Temple Run” in terms of gameplay. To compute the score, players must enter the sewage pipe, dodge obstacles by controlling the airplane, gather prop fragments, and eliminate obstructions.

The greater the score, the longer the survival time. BAYC can also be used by players. The issued token APE is used to purchase bonus packs in order to raise the score. To play the game, you must have the NFT “Sewer Pass” pass, and only the final champion may obtain the Jimmy key.

The game was played by 25,525 people over the course of three weeks, from January 19th to February 8th. Official data show that these players have played a total of 7,487,850 games, with each player spending an average of 27.7 hours. The total gaming time exceeded 706,436 hours or more than 80 years. The longest player in a single game lasted 10.88 minutes, while the shortest barely lasted 0.099 seconds until Game Over.

With over 25,000 players vying for the Jimmy Key in a prolonged in-game contest, the big prize is even more impressive. Finally, an intriguing figure arrived, and the professional e-sports player Mongraal completely topped the scoreboard. In addition, he was ranked second, fifth, seventh, and tenth on the list.

Mongraal is a well-known player of the “chicken eating” game “Fortress Heroes” who is just 18 years old. At the age of 13, he joined the European professional squad Team Secret and became the game’s youngest professional player. “Fortress Hero” tests the player’s focus, response time, and operation level. As a result, it is not unexpected that professional player Mongraal entered the Dookey Dash game and won the title in one fell swoop, like a dimensionality reduction blow.

Mongraal uploaded a screenshot of himself shuttling through the Dookey Dash “sewage pipe” on his own Twitter after winning the title. Several followers congratulated him, and some encrypted users advised him to keep his money secure after winning the award and not to readily allow suspicious connections.

Mongraal found Jimmy’s key, and a swarm of purchasers rushed in after hearing the news. UpDAO, a Web3 organization, and 9GAG, a well-known Meme community website, offered 690 ETH and 999 ETH for Jimmy Key, respectively, whereas Mongraal’s initial price was 2222 ETH. Till February 28, Mongraal reported that it had struck an agreement with Upstate Shredding CEO Adam Weitsman and had successfully acquired tens of millions of dollars.

What is the purpose of the Jimmy Key? Why are so many people prepared to pay so much money to purchase? The plot also begins with the Dookey Dash game’s main promotional video.

BAYC launched a teaser film at the end of December last year, claiming that a “boring monkey” unintentionally received a mystery treasure trove and a golden key. As it was partying with its pals, the young monkey Jimmy unintentionally swallowed the key, causing the companions to get enraged.

Following that, Jimmy dashed to the restroom and shut the door. The tremendous agony forced him to sit on the toilet, but the key was finally trapped in Jimmy’s “chrysanthemum.” At this point, the “boring apes” outside the door decided to enter the bathroom via the sewer from the outside in order to obtain the valuable key.

It’s a little illogical and hilarious, and the feature film is also a touch perplexing to get people’s attention. What will the BAYC do?

It wasn’t until the Dookey Dash game was released in January of this year that people realized BAYC’s objectives and joined the key struggle. The Jimmy Key is now worth tens of millions of dollars. What is it capable of? The gaming party did not explicitly state that BAYC had resumed its shenanigans.

Nonetheless, as an aristocratic project in NFT, every activity of BAYC is thrilling. The mystery treasure box in the promotional clip is filled with easter eggs, enticing gamers to keep an eye on the plot’s progress. Jimmy Key has now been chosen by the champion. As you take it off, what can be opened becomes a fresh mystery.

There are 4 plots left to uncover in BAYC’s new game

Despite the fact that the first stage of Dookey Dash finished on February 8, there are still fresh storylines and methods to play. On February 23, BAYC announced to reopen of the Dookey Dash game and debuted a new “Toad Mode.” Based on prior gameplay, players must also hit the toads that appear in the sewer to get greater scores.

The introduction of the toad mode serves as a warm-up for the game’s following stage. According to the release, starting on March 8th, any player who has played Dookey Dash and has a score better than 0, the Sewer Pass held will be eligible to be changed into an “energy source.” The energy source offers a unique feature. Players will utilize the energy source as a carrier to begin a new gaming competition in the future.

According to the official Dookey Dash website, four new game plots will be released one after the other between March 8th and May 8th. As the tale develops, gamers will learn more about the BAYC-designed gaming environment.

BAYC has interwoven the tale into a thread and continues to grab the market’s interest with the publication of the promotional video, the debut of the Dookey Dash game, the determination of the ownership of Jimmy’s key, and the release of rumors to unveil the follow-up new gameplay.

BAYC appears to have put a large rock in the chilly water of the present NFT market, at least stimulating its own ecosystem.

In terms of revenue, after Mongraal sells the Jimmy key for 1,000 WETH, it will pay BAYC 5% of the royalties, or 50 WETH. In addition, a total of 8,094 gamers paid a total of 424,566 APEs to acquire the “Bonus Package.” The boring ape ecological token APE’s utilization possibilities have been expanded, and the price has grown in the near term.

Although playing the game needs a Sewer Pass pass, and originally only users who have the three major NFT projects of BAYC, MAYC, and BAKC may acquire the Sewer Pass for free, many users have purchased it. Recently, the floor price of BAKC series NFT broke beyond 11 ETH, setting a new high in nearly 9 months. BAYC has injected new life into its NFT series with a new game.

When the Sewer Pass was introduced as an entry ticket to the NFT trading market, the price reached a high of 2.89 ETH (about 33,000 yuan), and the market worth briefly approached 100 million US dollars. Many of the top-ranked Sewer Passes were also sold at high prices after the game’s first stage. Mongraal’s Sewer Passes, for example, rank second on the list and are available for 260 ETH.

BAYC just created a basic web game that fueled the growth of numerous target markets in the ecology. At the same time, 25,000 gamers who entered the sewer increased BAYC’s ecology by 40%. It was described as an “operation ghost” by a surgeon.

Looking at the market trend, the NFT bubble burst after a brief period of prosperity, and many NFTs returned to zero. Just around 10 blue-chip projects remain active in the market, such as BAYC and Azuki, but their values have also plummeted dramatically from a high point. According to NFTGo statistics, the entire market value of the current NFT market has plummeted 34.3% from its peak of $34.92 billion to $22.95 billion.

The NFT market desperately needs some freshwater right now, and BAYC arrives just in time. It started with tiny games, augmented with dramatic and storyline-filled operational gaming, which provided some fresh energy to the NFT realm. Also, it prompted practitioners to start thinking about what else NFT can accomplish outside “selling photos.”

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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