On January 12, Yuga Labs announced the third phase of BAYC's story-based game Dookey Dash, which mainly introduced the application rules for the game's Sewer Pass, as well as the game's launch time and specific gameplay.

Yuga Labs will open the minting of Sewer Passes for free to all BAYC or MAYC holders on January 17, and launch Dookey Dash on January 18. The game will be closed on February 8. Before the game is closed, users with passes can play an unlimited number of times. On February 15, verified Sewer Passes will be eligible to be converted into a new form of NFT (the specific purpose has not been disclosed).

About Dookey Dash

Dookey Dash is a story-based game created by Yuga Labs based on the BAYC ecosystem. Yuga Labs has previously released the prequel story of the game in two phases.

The background story of the game is mainly about a monkey named Jimmy who accidentally triggered a time-space switch while using the toilet, summoning a "warrior monkey" who traveled from ancient times. This "warrior monkey" handed a treasure chest and a key to a bored ape who came in later. Then a group of bored apes started to line up to celebrate the treasure chest. During this period, Jimmy, who was too excited, drank the key that fell into the glass along with the beer.

The key to the treasure chest was swallowed by Jimmy, and the party came to an abrupt end. The other bored apes immediately cast malicious eyes at Jimmy. Jimmy realized that something was wrong and hurriedly ran into the toilet to try to expel the key. As a result, the key was stuck in Jimmy's stomach, and Jimmy fainted from the pain.

The bored apes who saw this scene through the keyhole outside the door had no choice but to enter the toilet through the sewer and take the key out of Jimmy's butthole when there was no hope of breaking into the door.

The full video can be viewed at the following link:

https://www.youtube.com/watch?v=5CJsAej_GWc

In addition to explaining the background story of the game, the short film actually hints at how to play the game. All players are bored apes outside the toilet who want to get the key. The sewer is the game scene. All players have to do is to dodge and break through obstacles in the sewer, and finally reach the toilet exit and take out the key from Jimmy's Butthole.

The whole game process is somewhat similar to the "Temple Run" that was popular more than a decade ago. The points players get in the game will depend on the props they collect in the sewers, the obstacles they destroy, and the time they survive. These achievements will have a real-time ranking list, and the highest score will be recorded on February 8. The person with the highest score will get the key to open the treasure chest.

The Bored Ape ecological token APE will also play a key role. Players can purchase a speed-up pack at the price of 2 APE when starting the game. After purchase, they can get a speed-up lasting 10 minutes.

To prevent players from cheating, Yuga Labs requires that the scores of each Sewer Pass be bound to the address that actually participated in the game. If a Sewer Pass is transferred between January 18 and February 8, the scores of that Sewer Pass will be reset to zero.

About Sewer Pass

As mentioned earlier, Sewer Pass is actually a game pass, and only users who hold Sewer Pass are eligible to participate in the game.

According to the official announcement, there are 4 levels of Sewer Pass in total. Different levels will affect the reward ratio obtained through game performance, that is, the higher the level, the higher the score bonus obtained in the game. Which level of Sewer Pass the holder can obtain will depend on his holdings of BAYC ecosystem NFTs.

The 4 levels are as follows:

  • TIER1: Hold MAYC

  • TIER2: Hold MAYC＋BAKC

  • TIER3: Holding BAYC

  • TIER4: Holds BAYC＋BAKC

It should be noted that although BAKC holders cannot directly participate in free minting (this news also triggered a sharp drop in the price of BAKC), the level of minting Pass can be increased by holding this NFT.

The minting period for Sewer Pass is from January 17 to February 8. The Dookey Dash game opens on January 18, and the game is only open for three weeks. On February 8, which is the last minting period for Sewer Pass, the points will be settled and the conversion of Sewer Pass will be enabled (open picture).

Is Holder from BAYC a chance to participate?

Judging from the rules currently released by Yuga Labs, Sewer Pass can only be minted by holders of BAYC or MAYC. Given that the floor prices of both are already very high, for those who do not have these two NFTs, the cost of direct participation is undoubtedly too high, but in fact, it is also possible to participate through other means.

The first is the acquisition of Sewer Pass. Although Yuga Labs has restricted the qualifications for minting Passes, it has not restricted the transfer of Passes. That is, if you are confident in your gaming skills, you can buy Sewer Passes on the secondary market to participate in the game. Because the subsequent income of this Pass is directly related to your performance in the game, as long as your score is high enough and the rewards you get are good enough, it is likely that the cost of purchasing the Pass can be covered.

The second is the arbitrage space of BAKC. After Yuga Labs announced the minting rules of Pass, BAKC suffered a serious market crash, and the floor price dropped directly from 12 ETH to 8 ETH. The reason is that BAKC Holders cannot directly participate in Free Mint, but only help improve the level of Pass as a bonus.

The arbitrage space for BAKC lies in the fact that Yuga Labs has not yet announced the bonus coefficients of different levels of passes for scores. That is to say, if the bonus income brought by BAKC is greater than the cost of Holders buying a new BAKC in the market, then it can bring market demand for BAKC, thereby leading to price increases. Coupled with the previous wave of market crashes, there may be a good profit margin if you ambush in advance.

Finally, there is BAYC's ecological token APE. Yuga Labs also buried some Easter eggs for APE in the game. In addition to the "accelerator" mentioned above, there are more functions that have not yet been announced. This designed a consumption scenario for APE. This is the second consumption scenario designed by Yuga Labs for APE after Otherside. Previously, Otherside's minting consumed 16 million APEs, and the price increased by more than 100% during the period. The simple logic behind this is that if the number of APEs in the entire ecosystem decreases, the price of a single APE will increase.

If this game is attractive enough and enough people participate, APE will have a new wave of consumption space. Coupled with the current market recovery, APE may have the opportunity to usher in a wave of increases like Otherside did at the time.

Summarize

Since the beginning of 2023, both NFT and the entire crypto market have ushered in a "small spring" market. Yuga Labs' timing to release the ecological game at this time is also very accurate. In addition, Yuga Labs has cleverly included all the roles in the ecosystem in the game design, and at the same time empowered their 3 NFTs and APE tokens. It has to be said that Yuga Labs' operations and ability to paint a picture are still top-notch in the industry.

As Yuga Labs takes the lead in creating such a GameFi application, it is also worth paying attention to whether other NFT projects will follow suit and whether GameFi has the opportunity to become a market hotspot again.