Company Information

Get to know Bored Ape Yacht Club

Yuga Labs is a web3 company best known as the creator of the Bored Ape Yacht Club (BAYC), a prominent NFT project launched in April 2021. The project features algorithmically generated cartoon ape avatars on the Ethereum blockchain, with ownership granting access to an exclusive online community, commercial usage rights for the owned ape, and other member-only benefits. Yuga Labs' mission is to build a media empire around its intellectual property, which has expanded through the acquisition of other major NFT projects like CryptoPunks and Meebits. The company aims to foster a creator-centric web3 ecosystem through storytelling, experiences, and community engagement.

Industry

Crypto CryptocurrencyPRIMARY

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Bored Ape Yacht Club

United States

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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FSC

ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.