The first part of “The Degen Trilogy,” a movie featuring Bored Ape Yacht Club (BAYC), has been made available via the cryptocurrency exchange Coinbase. As the US Securities and Exchange Commission (SEC) opened an investigation into whether the exchange had listed unregistered securities, the company’s shares have declined. On Tuesday, Coinbase released what looks to be the first chapter of their trilogy. The five-minute film, titled “RUN THE CHAIN,” incorporates numerous BAYC non-fungible tokens (NFTs) as well as ApeCoin, governance and utility token of the BAYC ecosystem based on Ethereum (ETH). THE DEGEN TRILOGY: PART ONE ⛓️RUN THE CHAIN⛓️ Here's a first look at what we've been building with the community 👀📽️ pic.twitter.com/RSV6McnMlw — Coinbase (@coinbase) July 26, 2022 BAYC and Apecoin Communities to Feature The BAYC and Apecoin communities will be featured in an interactive three-part film, Coinbase’s official Twitter account, teased in mid-April. The exchange at that time provided a list of instructions for BAYC NFT holders on how to get their NFTs included in the movie. In a subsequent post, Coinbase’s official Twitter account said that individuals who wish to have their NFTs included in the future Parts 2 and 3 must register on the exchange’s NFT marketplace. More NFT utility to come, degens. Build with us! Create a profile on @Coinbase_NFT to be part of the movie magic process for Parts 2 & 3. 👉 https://t.co/yBSzp...
