Yuga Labs has launched Mudwater, a trading card game with physical and digital Bored Ape cards on Solana. Yet the Bored Ape Yacht Club (BAYC) NFT collection itself lives on Ethereum.
Existing holders get first access. Every Bored Ape unlocks 10 packs, and every Mutant Ape Yacht Club (MAYC) NFT unlocks two. The total supply stops at 10,000 boxes.
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Who Gets the First Bored Ape Cards？
To start, Yuga airdropped a Totem to every BAYC and MAYC token.
The Totem uses ERC-6551, an Ethereum standard that gives an NFT its own wallet. Holders need it to claim packs.
Each pack holds 10 cards, and 24 packs fill a box. Across 10,000 boxes, that adds up to 240,000 packs, or 2.4 million cards.
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Bored Apes alone can claim 100,000 of those packs. In other words, owners of just 10,000 NFTs can lay claim to about 42% of the set before open trading sets prices.
Mudwater Cards. Source: X/Bored Ape Yacht Club
Eight Bored Ape cards sit at the top as serialized cracked-ice 1/1s, the team says. Each exists only once, and BAYC calls them the grails of the set.
Solana adds that Mudwater spans 120 BAYC art pieces, with foils and both physical and digital versions.
Why is Yuga Betting on Collectibles Now？
Bored Ape cards already trade on OpenSea, alongside separate collections for Totems and packs. Later, the team plans to let holders upgrade packs into boxes and cases.
The timing stands out. In June, the NFT market cap slid toward record lows as Ethereum dropped.
Even celebrity holdings face doubts, as Blockstream CEO Adam Back recently called Justin Biebers Bored Ape, a $1.3 million purchase by the Canadian pop star, worthless.
By contrast, tokenized collectibles grew in the second quarter while most crypto sectors shrank.
However, other NFT platforms keep retreating. Blur, an NFT marketplace, recently announced its website shutdown.
BAYC also urged holders to cross-check every claim link with official channels. Yuga knows the risk well, having led a white-hat rescue operation after a protocol exploit endangered Bored Apes.
Ultimately, Bored Ape cards test whether a blue-chip Ethereum brand can find fresh demand on a rival chain. If the set sells, other NFT projects may follow liquidity across networks rather than stay loyal to one.