March 4, 2023

The $1.6 Million Dookey Dash NFT

The $1.6 Million Dookey Dash
                                                                                        NFT

Introduction

In February of 2023, Yuga Labs released its new game, Dookey Dash, to the Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collection holders. The game proved to be a huge success, with a total of 25,000 players competing to get the highest score.

In this article, we take a closer look at Yuga Labs' Dookey Dash game, the Golden Key NFT, and the impact it has had on the NFT market.

What is Dookey Dash?

Dookey Dash is a running game that challenges players to run as far as possible without losing, with their score increasing the longer they play. To play, users must have a "Sewer Pass" and be members of the top NFT collections, Bored Ape Yacht Club and Mutant Ape Yacht Club.

The game is a skill-based NFT and was minted by Yuga Labs. It may be digital identities precursor to more NFTs that combine playing games with collecting digital art. Although the gameplay is digital, the rewards and access to exclusive content can have an impact in real life. The game features unique character designs and takes place in a virtual world reminiscent of the popular game Geometry Dash.

Mongraal Wins the Golden Key

Mongraal, an 18-year-old Fortnite player, emerged victorious in the Dookey Dash game and was presented with the Golden Key NFT, a one-of-a-kind digital asset that was originally listed for 2,222 ETH, or approximately $3.7 million.

Soon after, Mongraal chose to sell the NFT on OpenSea, where the coveted item was purchased by Adam Weitsman, CEO of a scrap metal shredding company based in New York, for a whopping $1.6 million.

Yuga Labs' Recent Successes

Yuga Labs recent successes

Yuga Labs has been a prominent player in the NFT market for several months, with its Bored Ape Yacht Club collection gaining immense popularity and bringing in millions of dollars through the sale of NFTs. This success has led to the creation of other NFTs in the future collections, such as the Mutant Ape Yacht Club.

In early March of 2023, Yuga Labs placed CryptoPunks #110 in the Centre Pompidou in Paris, one of the most renowned contemporary art museums in the world, as part of the Punk Legacy Project. The project aims to raise awareness of the cultural relevance of CryptoPunks.

The Impact of the Golden Key NFT Sale

The sale of the Golden Key NFT has had a significant impact on the NFT market, attracting the attention of many to Yuga Labs and its NFT collections. The sale has demonstrated that NFTs can still fetch high prices, even in a highly volatile market.

Moreover, the sale of the Golden Key NFT has proven that Yuga Labs is still capable of creating popular hits, and the company can deliver value to its holders. The success of the Dookey Dash game, coupled with the sale of the Golden Key, portends well for future games and NFT collections from Yuga Labs.

The Backstory of the Dookey Dash Game

The Backstory of the Dookey Dash Game

Yuga Labs has created an endless runner game called Dookey Dash that is part of the larger "Jimmy the Monkey" storyline. In this game, players navigate through the Bored Ape Yacht Club sewers to find a bathroom and retrieve a key from Jimmy. The goal of the game is to achieve the highest score possible while avoiding obstacles and collecting power-ups.

Dookey Dash is a fantastic addition to any video game enthusiast's collection. Moreover, the company has revealed that on March 8th, Dookey Dash pass holders will have the ability to summon their "Power Source" using their NFTs, providing a fresh dimension to the game.

Until March 1st, players can participate in "Dookey Dash: Toad Mode" and try to achieve the highest score possible. This is a great opportunity for high school students who are into video gaming to refine their skills and improve their chances of winning in future games and events.

In addition to Dookey Dash, Yuga Labs has also launched an NFT project called "Real Estate" and an endless runner game called "Eagle Jump," which is similar to Temple Run.