Coinbase, the major US-based cryptocurrency exchange, says it is making a three-part movie series featuring the Bored Ape Yacht Club non-fungible token (NFT) community.
In a new tweet, the cryptocurrency exchange says that members of the NFT-based community can help create the trilogy by submitting their Bored Apes to the cast.
According to Bored Ape Yacht Club, only monkeys will appear in the first part of the film.
“We are happy that Coinbase is making a series of movies with the Bored Ape Yacht Club community. Bored NFT APE holders, send your monkey to pitch. Mutants, don’t worry, this is the first film in a trilogy and you will have your own casting for the second part.”
Coinbase also reveals that owners of successfully launched monkeys will receive thousands of dollars worth of ApeCoin (APE) or Bitcoin (BTC).
“Compensation for the chosen monkey holders, worth $10,000 in ApeCoin or Bitcoin, will be deposited into their Coinbase account.
The license will be registered on the chain and will continue with the monkey in the secondary market. However, the fee will be a one-time payment to the original licensee (the owner who sent the monkey into the film).”
Coinbase says that any profit made from the films would be donated to charity.