BAYC’s ‘Made by Apes’ Ushers In A New Era Of On-Chain Licensing Marvels

July 25, 2023 - Around 3 mins mins to read

Key Points:

Bored Ape Yacht Club (BAYC) announced the launch of “Made by Apes,” an innovative on-chain license application platform in collaboration with SaaSy Labs.
The platform enables NFT creators and users to obtain unique licenses for their products, providing BAYC authenticity verification and distinguishing genuine BAYC & MAYC holders’ creations.
The initiative showcases BAYC’s commitment to its vibrant community of builders and sets a new industry standard, ensuring a more secure and transparent NFT ecosystem.

In a groundbreaking move, the renowned NFT collection Bored Ape Yacht Club (BAYC) recently unveiled “Made by Apes,” a cutting-edge on-chain license application platform.

BAYC's 'Made by Apes' Ushers In A New Era Of On-Chain Licensing Marvels

This unprecedented initiative, developed in partnership with SaaSy Labs, a leading blockchain-based legal contract solutions developer, promises to revolutionize the NFT space with its on-chain record and identification functionalities, including BAYC authenticity verification.

The official announcement made by BAYC on their Twitter account introduced the world to this game-changing platform. By leveraging the capabilities of Made by Apes, NFT creators and users alike can now effortlessly obtain licenses via the application page.

“We’re proud to introduce this first-of-its-kind on-chain licensing for a club full of builders, done in partnership with SaaSy Labs,” the announcement stated with enthusiasm.

With the launch of Made by Apes, BAYC Apes can now request licenses to register their businesses or products, each assigned a unique license number. Beyond merely being an on-chain license, this novel approach serves as a unifying mark, effectively verifying and distinguishing genuine products made by BAYC & MAYC (Mutant Ape Yacht Club) holders.

The BAYC community has undoubtedly been the driving force behind its monumental success, and the introduction of Made by Apes serves as a testament to the collective power of its builders. Over the past two years, the community has witnessed an astounding number of projects featuring Ape intellectual property, reinforcing the club’s position as a trailblazer in the NFT domain.

Aiming to create a versatile and inclusive tool, BAYC collaborated with several community brands at the forefront of the NFT industry to pressure test the program. These launch partners played a pivotal role in establishing the standards for commercial rights usage on the platform.

“We wanted to build a tool that meets the needs of the whole community, across categories and uses. To do this, we partnered with a handful of community brands that have been pushing the space forward to pressure test this program,” the BAYC team expressed their gratitude to the launch partners in their statement.

Highlighting the immense potential of the Made by Apes platform, the announcement also mentioned the forthcoming launch of “The Bodega,” which will prominently display all active Made by Ape licenses on the BAYC website. This feature is set to further amplify the exposure of community products and expand the reach of licensed creations.

As the NFT landscape continues to evolve, BAYC’s pioneering initiative with Made by Apes and SaaSy Labs undoubtedly sets a new industry standard. By harnessing the power of blockchain technology, the on-chain licensing platform not only bolsters the credibility of genuine NFT products but also fosters a more secure and transparent ecosystem for creators and users alike.

As the community eagerly awaits the Bodega’s launch, it is evident that Bored Ape Yacht Club remains steadfast in its commitment to driving innovation and nurturing its vibrant community of creators, all while shaping the future of NFTs.

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