BAYCkada Teams Up with Autism Society of the Philippines and Museo Pambata for a Unique Fundraising Event Featuring Bored Ape IP
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Bored Ape Yacht Club NFT holders utilize their IP to create custom coloring sheets for a charitable cause.
Editing by Nathaniel Cajuday
- Filipino Bored Ape Yacht Club group BAYCkada partners with the Autism Society of the Philippines and Museo Pambata for a fundraising event called “Color Me Bored,” featuring Bored Ape IP in custom coloring sheets.
- NFT holders utilize their intellectual property rights, granted by Bored Ape Yacht Club creator Yuga Labs, for charitable efforts without needing approval, showcasing the potential of decentralized intellectual property.
- The event aims to raise funds for the children of the Autism Society of the Philippines and Museo Pambata, with completed coloring sheets potentially being sold as NFTs to benefit the cause.
BitPinas is proud to support Bayckada’s Color Me Bored event for the benefit of Kids from Autism Society of the Philippines & Museo Pambata. If you’d like to help them, you can donate ETH/USDC/USDT to: 0x9114E1a5fd4Fc8CF396f594239faeff30D8FA97a
A Filipino group of Bored Ape and Mutant Ape holders from the Bored Ape Yacht Club (BAYC) collection, known as BAYCkada, has announced a fundraising event in partnership with the Autism Society of the Philippines (ASP) and Museo Pambata. The event, titled “Color Me Bored,” will take place on April 22, 2023, from 2:00 p.m. to 5:00 p.m. at Museo Pambata, Manila.
The primary goal of the event is to raise funds for the children of the Autism Society of the Philippines and Museo Pambata. BAYCkada will utilize their Bored Ape IP as characters in kids’ coloring sheets during the fundraising. The completed artwork may be sold as NFTs (non-fungible tokens), with the proceeds benefiting the children.
Bored Ape IP and Decentralized IP
BAYC is a unique collection of 10,000 digital art pieces in the form of NFTs by Yuga Labs, each representing a distinct Ape character, that has gained significant popularity and value since its inception. Mutant Ape Yacht Club is another collection of 20,000 unique mutant apes also from Yuga Labs. NFT holders possess full intellectual property rights to their individual Bored Ape characters, allowing them to use the IP for various purposes, including this charitable event by BAYCkada.
J Bond, the founder of BAYCkada, shared his insights on the utilization of Bored Ape IP:
Using NFTs for Social Good
The “Color Me Bored” event represents a creative and innovative way for NFT holders to use their digital assets for social good. The partnership between BAYCkada, the Autism Society of the Philippines, and Museo Pambata not only raises funds for a worthy cause but also highlights the potential of NFTs and digital art in contributing to philanthropic efforts.
“We didn’t need to seek approval from Yuga Labs, the creator of Bored Ape Yacht Club, to use our IPs for commercial and non-profit purposes. This is because we have full ownership of the IP of the Bored Ape NFT that we own, something Yuga Labs has granted to their NFT owners. This is a use case of decentralized intellectual property, something that’s made possible by blockchain and NFTs,” J Bond told BitPinas.
How to Support the “Color Me Bored” Event
Those interested in supporting the “Color Me Bored” event can donate ETH, USDC, or USDT using their crypto wallet (Coins.ph, MetaMasak, etc) to the following address: 0x9114E1a5fd4Fc8CF396f594239faeff30D8FA97a.
For more information on the event, interested readers may follow BAYCkada on Twitter.
This article is published on BitPinas: BAYCkada Teams Up with Autism Society of the Philippines and Museo Pambata for a Unique Fundraising Event Featuring Bored Ape IP
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