What is Mutant Ape Yacht Club?

Updated: Sep 30, 2021

Mutant Ape Yacht Club started with an airdrop to every holder of a Bored Ape. 10,000 serums were distributed to ape owners as follows:

  • M1 Serum (qty. 7500)

  • M2 Serum (qty. 2492)

  • Mega Mutant Serum (qty. 8)

When applied to an ape, these serums mutate it's original traits into newer versions. As the serums increase in rarity, the amount of mutation the apes undergo also increases.


In addition to the 10,000 serums, 10,000 Mutant Apes were available for the public to mint in an effort to expand the community. These new apes were sold through a dutch auction starting at 3 ETH which sold out in 45 minutes, resulting in a $90 million profit for BAYC.


I received the M1 serum from the airdrop and was fortunate enough to attain an M2 serum through a trade. After using the both serums on my ape, here's what happened:

To be honest ever since I received these apes I haven't been able to stop looking at them. The art is INSANE and just in time for the Halloween season. Rest assured I'll be scaring some people in Decentraland once the 3D versions are given out to holders.

The Mutant Arcade

A game was also released with the Mutant Ape Yacht Club launch. This is a 5 stage platforming game where you have 3 lives to defeat all the mutant apes. If you can complete the challenge within 3 days of it's release you will be airdropped a POAP token as an award for your achievement. Take it from someone who grinded hours to beat the game, it's no walk in the park. You can play the game here.

 

Analysis

Overall, I was thoroughly impressed with the MAYC launch. The community expansion was a fantastic move by the team and brought in $90 million to reinvest in the community. I also look at this expansion as a "thank you" to OG ape holders for being early believers in the project by giving them an option to profit from the free mutant/serum if they desire. This airdrop will provide a good amount of liquidity to the NFT market over the next couple weeks.


In an announcement it was mentioned that there will be different membership tiers now that the mutants have been introduced.

  1. Bored Ape Yacht Club

  2. Mutant Ape Yacht Club

  3. Bored Ape Kennel Club

I think as time goes on the Apes and Mutants will gradually distance themselves from the Kennel Club as the main beneficiaries of utility. My thought process here is that every dog was given away for free and people actually had to pay for membership to MAYC so it makes sense for the team to favor mutants over doggos moving forward.


It will be interesting to see how the mutants are used in roadmap 2.0 but I'm sure the storyline is only just beginning. Who knows, maybe we'll even see some real-life membership benefits start to emerge. ;)


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