Yuga Labs, has appointed seven holders of BAYC NFTs to form the BAYC Council to help manage community feedback.
Yuga Labs, the Web3 powerhouse behind several blue-chip NFT projects like Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), CryptoPunks, and the Otherside Metaverse, has announced the creation of a community council. Managing the BAYC council are seven BAYC NFT holders active in the Ape community.
A blog post published on Wednesday described the BAYC council members as “long-standing, proactive community members” who will focus on collating and curating feedback from the community. They will also spearhead philanthropic efforts.
Details on the BAYC Council
According to Yuga Labs, it wants to keep the BAYC Council “autonomous,” which means it will not be under the governance of a multibillion-dollar startup. Instead, council members are encouraged to pitch their ideas for future initiatives.
An NFT collection’s community can be a huge factor in convincing traders to buy or sell their digital assets. Yuga Labs move to form the BAYC Council composed of Apes with proven track records of active and positive participation in community matters since the beginning affirms how the company values its NFT holders.
The BAYC Council will be the channel through which community members can have their voices heard. And while more council members may be added in the future, for now, Yuga Labs is set with seven “exceptional apes” who will voice the community members’ ideas and concerns to help the community flourish.
“This council, and future councils to come, puts a more formal, efficient, and consistent process in place for Yuga leadership to get community feedback and advice on an ongoing basis,” the company’s blog post read.
Meet the BAYC Council
Yuga Labs didn’t provide details on the criteria used for evaluating the potential members of the BAYC Council, much less how the final seven members were selected. Many people have mixed reactions to the appointment, with some applauding Yuga Labs decision and saying the council “is exactly what Web3 is all about.”
However, others took the announcement negatively. Tech reporter Asa Hiken noted that instead of having NFT holders vote on the potential council members, Yuga “personally selected who will represent the community.”
At any rate, here are the seven members of the BAYC Council:
- Josh Ong—A partner at Web3 marketing firm and fund Bored Room Ventures. He also serves as a consultant for Fragment/A.P.E., Jenkins The Valet, and NonFungible Films. He also assisted in organizing Ape events held in LA and New York, such as the Apefest 2021 Yacht Party.
- Sera—She is a talented artist who had previously collaborated with other community members in bringing their IP to life through the Bored Salon and JBF derivatives. A proponent of using creative intellectual property (IP) through several BAYC subcommunities.
- Laura Rod—She founded the Miami Ape, a Web3 business focused on community development and guidance. She conducts English and Spanish social media workshops and interviews through Twitter spaces to inform, uplift, and empower underrepresented communities in the Web3.
- 0xEthan—He began his Web3 journey when he joined the Decentral Games team as a community manager in March 2021. Metaverse News recently employed him as the Head of Growth. He has a strong sense of community involvement and would consider everyone’s opinions, which would impact his role as a council member.
- 0xWave—He was responsible for helping BAYC project creators launch Discord and getting the project off the ground. He is a crypto pioneer, and his efforts in acclimatizing NFT and crypto neophytes laid the groundwork for today’s existing community.
- Negi—He is a Hong Kong native who currently lives in Japan. He is an aspiring photographer who never fails to slip a photo or more onto the BAYC clubhouse’s walls. His goal is to represent Asian Apes and promote the diverse cultural backgrounds of the group.
- Peter Fang—He assisted in hosting one of the first BAYC meet-ups in Venice, California, on July 2021, using money from the initial batch of BAYC funding. He has personally supported the development of the BAYC brand and community by organizing and implementing IRL events and through cooperation and innovative IP usage.
The BAYC Council members are expected to pool their diverse skill sets and ideas together and ensure that the best ideas become a reality.
Speaking on Yuga Labs BAYC Council formation, newly-appointed council member 0xWave said he thinks the council’s job is “mainly to serve as aggregators of community ideas and sentiment rather than over-inject my personal preferences.”
He also said he wants to help BAYC holders understand the importance of crypto security, especially regarding protecting their valuable NFTs. Per Dune data, 413 BAYC and MAYC NFTs are currently tagged “stolen” on OpenSea, no less.
“Holding these assets puts a target on your back to bad actors,” he said.
Aside from being the community’s voice, the BAYC council will work with Yuga Labs and the BAYC/MAYC neighborhood in promoting community-driven projects, get-togethers, charitable donations, and other community-led concepts.
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