Bored Ape Yacht Club’s newest merch drop can only be bought with ApeCoin

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A blue coin with the Bored Ape Yacht Club logo in the middle.
Image: ApeCoin DAO

Bored Ape Yacht Club NFT holders can buy new merchandise items from Yuga Labs — but they can only use the newly-launched ApeCoin to do it, according to an announcement in the BAYC Discord server. Yuga Labs, which has a large stake in the organization backing ApeCoin, will get more ApeCoin (and more control over the organization) as NFT holders pay for their merch.

That is, assuming they can. Continuing cryptocurrency’s trend of “money but worse,” users complained they were having trouble checking out.

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