Issuance Of NFT BAYC Yuga Labs Forms Of Community Councils, This Is Its Goal!

JAKARTA Yuga Labs, the company behind the manufacture of the famous NFT Bored Ape Yacht Club (BAYC), has reportedly formed a community council consisting of a number of BAYC collectors. This information was conveyed by Yuga Labs in its official blog post on Wednesday, September 5, 2022. The move is aimed at expanding the presence of Yuga Labs in the Web3 realm.

"Today, Yuga Labs welcomes the first BAYC community board to help us in shaping the future of the Bored Ape Yacht Club," reads the announcement of Yuga Labs, October 5.

Furthermore, Yuga Labs explained that the council was intended to expand the company's running and provide a new perspective. Later, the community council will lead the BAYC community in a sustainable manner.

This board was formed with the aim of broadly representing the club and providing a new perspective,(...). This board, and the upcoming board, put in place a more formal, efficient, and consistent process for Yuga's leadership to get feedback and advice from the community in a sustainable manner, wrote Yuga Labs' statement in his official blog post.

Yuga Labs alone has selected 7 people to occupy the community council, they are: Josh Ong, Sera, Laura Rod, 0xEthan, 0xWave, Negi, and Peter Fang are seven board members. They are all owners of the Web3 business and the old owner of Bored Ape. The board will thrive over time, according to Yuga.

Reporting from Coincu, the board's main task is to support Web3 initiatives in the Bored Ape community. Yuga lists several potential use cases to be supported by the council as commercial products, meetings, and charitable activities.

According to a blog post, the board will develop a process for Yuga Labs leaders to receive feedback and ongoing advice from the community.

This can be considered as Yuga's effort in a perfect plan based on user opinion. The last NFT board they have collected will help develop their brands better.