- Aug 17, 2017
Owners of Yuga Labs' infamous "Bored Ape" non-fungible tokens (and related crypto tokens) get free access to a simple endless runner/tunnel racing game called Dookey Dash today. But some members of the "exclusive" Bored Ape Yacht Club (BAYC) are already selling a chance to play the time-limited game for thousands of dollars on the secondary market. Listings on the OpenSea exchange show a current floor price of 1.49 ETH (about $2,293) for a "Sewer Pass" NFT that grants access to Dookey Dash until February 8. In less than 24 hours, the exchange has seen 8,394 ETH (about $12.8 million) in Sewer Pass transactions, with some passes selling for as much as 5.75 ETH (about $8,770) [Update: As of Friday morning, the floor price is now 2.044 ETH, or about 3,200].While wash trading and/or crypto laundering could be driving some of those Sewer Pass transactions, some players are clearly clamoring for access to Dookey Dash and are willing to spend to get it. But that demand isn't being driven by any sort of novel or transcendent gameplay experience that Yuga Labs is offering. Instead, NFT speculators are trying to use the game to get in on the ground floor of what they hope will be the next artificially scarce, high-demand digital asset.