How Mutant Ape Yacht Club works
Mutant Ape Yacht Club is a collection of up to 20,000 NFTs. There were 10,000 sold to the public and 10,000 mutant serum vials airdropped to holders of Bored Apes. Mutant serum comes in three sizes: M1, M2, and Mega Mutant.
Injecting a Bored Ape with a mutant serum vial creates a new Mutant Ape. If an M1 or M2 serum is used, then the Mutant Ape will have similar features to the original Bored Ape. If a Mega Mutant serum is used, then the Mutant Ape will be completely different and could have rarer attributes.
Like Bored Apes, Mutant Ape NFTs are built on Ethereum and stored as ERC-721 tokens. They also provide membership to the Bored Ape Yacht Club ecosystem. However, Mutant Apes are a lower and more limited tier of membership than Bored Apes.
Connections
The Bored Ape Yacht Club brand is extremely popular. There are quite a few celebrities across a variety of industries that have their own Bored Apes, from sports stars such as Tom Brady to musical artists such as Eminem. Bored Ape Yacht Club has also established some big partnerships, including working with Adidas (ADDYY -2.17%) on its "Into the Metaverse" project and partnering with toy company Superplastic to create vinyl ape figures.
Mutant Ape Yacht Club isn't as high-profile as its predecessor, so partners are typically more interested in Bored Apes. Regardless, the fact that Bored Ape Yacht Club has gone mainstream helps Mutant Ape Yacht Club as well since the two are closely related.
