[PRESS RELEASE – Please Read Disclaimer]
ApeSwap wouldn’t be a true crypto project without dipping its toes into the NFT space So we’re excited to present to you Non-Fungible Apes.
What are Non-Fungible Apes?
Non Fungible Apes (or NFAs) are a cryptographically generated set of 1,000 unique, rare, immutable, digital apes. Each ape is created by hashing a string (such as “Strong Ape”) to randomly generate a set of 6 characteristics: Base, Face, Frame, Mouth, Eyes, and Top.
Each characteristic has a different likelihood of occurring in each ape generation, making some characteristics much rarer than others. For instance, only 32 apes have laser eyes and only 107 apes have sunglasses. Each ape has a score generated based on the combined rarity of its characteristics (more details about rarity can be seen in the Github repo).
We then categorize that score into one of five different tiers to determine overall rarity. The rarity tiers are as follows:
- Common Chimps: Tier 1 (500 NFAs) — Most common
- Original Orangutans: Tier 2 (250 NFAs)
- Alluring Apes:Tier 3 (150 NFAs)
- Prime Primates:Tier 4 (70 NFAs)
- Magic Monkeys:Tier 5 (30 NFAs) — Most rare
EDIT (April 1st): We have updated the smart contract code for Non Fungible Apes to now adhere to the 721 standards so that more platforms (such as 3rd party marketplaces) can support them. NFAs will no longer be using CryptoPunks code.
You can see the verified Non Fungible Apes smart contract here, as well as a dedicated Github repository with all the apes here.
How do I get my paws on an NFA?
Non Fungible Apes are not for sale… yet! We are expected to go live with initial NFA sales on April 8th, working with some prominent NFT marketplaces in the BSC space to make this a reality.
Non Fungible Apes will be released and sold in batches of 100, with the first batch having a listing price of 0.25 BNB for Common Chimps, with increasing pricing for apes with more rare characteristics and specialized names. There will only be 1,000 Non Fungible Apes ever released.
We’ll be having a few promos on Twitter, so keep an eye out there in case you’re a lucky winner of an NFA
So what are your plans with the NFAs?
While NFAs are a cool novelty for our ApeSwap collectors, we have the fullest intentions to bring true utility to our Non Fungible Ape holders. That’s right, not only will NFAs get more valuable over time from a scarcity perspective, but also from a utility and use case perspective.
Some ApeSwap UI work in progress
Initially, NFAs will be integrated into the ApeSwap.Finance platform as profile photos and a dedicated NFA/NFT page where users can see their collection and browse the entire set of apes. In the future, ApeSwap NFT holders may receive benefits such as airdrops, early access, and more! We’re still figuring out the details, so give us your suggestions on our community feedback board.
Source: Crypto Potato