Coinbase and Bored Ape Yacht Club are teaming up to produce a trilogy of animated short films, featuring Bored Apes as characters. The films will reportedly tie into the crypto exchange’s long-anticipated NFT marketplace launch.
The movies will be helmed by Coinbase’s new entertainment team, and Bored Ape owners can submit their apes for consideration to be cast in the films. The first installment, titled “The Degen Trilogy,” will premiere at NFT.NYC in June. However, after the initial release, users will need a Coinbase wallet and to connect it with the exchange’s site before they can watch the movies, CoinDesk reported.
While BAYC parent company Yuga Labs has deferred direct control over the films’ production to Coinbase, the company will still be indirectly involved, according to Coinbase's entertainment and culture marketing director, William Swann.
The announcement comes after several weeks of hype around BAYC, after the ApeCoin airdrop last month and the acquisition of rival CryptoPunks by BAYC’s parent company Yuga Labs.