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Bored Ape Yacht Club, a renowned decentralized autonomous organization affiliated with Bored Ape creator Yuga Labs in collaboration with the iconic Japanese streetwear brand BAPE, has teased plans to launch season II of their non-fungible token collection-themed streetwear collection. The BAYC x BAPE NFT-themed collection will launch next month.

In an August 23 blog post, the Bored Ape Yacht Club, through its ApeCoin X account, teased plans to launch the second season of their non-fungible token collection-themed streetwear collection. The Bored Ape Yacht Club (BAYC) x BAPE NFT-themed collection are slated to the market this coming September 2024. But what should the community expect in Season II?

Apes together strong.
APE x BAPE x BAYC
This September. pic.twitter.com/neVI5wMtmi
— ApeCoin (@apecoin) August 23, 2024

What Is BAYC NFT DAO?

Established in 2022, Bored Ape Yacht Club, also known as ApeCoin DAO, is a decentralized autonomous organization created for the Bored Ape Yacht Club and Mutant Ape Yacht Club non-fungible token collection holders. Bored Ape is a non-fungible token collection featuring a limited edition of 10,000 NFTs, while Mutant Ape is a collection featuring a fixed supply of 20,000 NFTs hosted on the Ethereum blockchain network.

The Bored Ape Yacht Club DAO features the native and governance token ApeCoin ($APE). The APE token was released under the guidance of the BAYC DAO and with administrative oversight by the APE Foundation. Ape is a fungible ERC-20 token built on the Ethereum blockchain network, and a portion of the supply was airdropped to BAYC and MAYC NFT collection owners.

During the Ape token launch, each holder of a BAYC NFT was able to claim 10,094 APE tokens (worth more than $100,000 at the time), while each holder of a MAYC could claim 2,042 APE (worth more than $20,000 at the time.) $APE gives holders voting rights to contentious matters within the BACY ecosystem, including the recent plan to launch own blockchain network, ApeChain.

The Bored Ape Yacht Club DAO governs the regulation of ApeCoin, the native token of the BAYC-inspired ecosystem, and it consists of all holders of the APE token. The BAYC DAO’s governance votes are enacted by the APE Foundation, which administers the day-to-day operations and management of projects supported by the community. In March 2024, the APE Foundation shared 6.3 million $APEs to return more power to the people.

Bored Ape Yacht Club And BAPE Integration

Bored Ape Yacht Club first announced its collaboration with the iconic Japanese streetwear brand BAPE in September 2023. At the time, the BAYC and BAPE jointly launched a line of streetwear collections, including Bored-themed hoodies, mesh caps, and sneakers. Since its inception in 1993, BAPE has been an influential player in streetwear and fashion. BAYC and BAPE anticipate launching another set of NFT-themed streetwear collections this coming month.