Bored Ape Yacht Club Founders Make Rare Podcast Appearance
A week after the SEC announced it is investigating Bored Ape Yacht Club’s parent company, two of the founders sat down for an almost hour-long podcast with Decrypt. The usually camera-shy guys even shot a video promo.
In a wide-ranging and entertaining interview, they said they weren’t at all surprised or ruffled by the SEC’s action, investigating potential securities violations in their sale of ApeCoin Tokens and Bored Ape NFTs. Yuga Labs has a $4 billion valuation now and owns the four biggest NFT collections as measured by market cap.
Bored Ape Yacht Club co-founder Greg Solano told Decrypt, "It's not that surprising, given everything else that's going on, that NFTs are getting looked at."
Solano and co-founder Wylie Aronow said that the policymakers are still largely in the dark about Web3 and blockchain.
“…And at Yuga, we take our position as industry leaders seriously and we look forward to the opportunity to work with the rest of the industry and policymakers to help shape the ecosystem."
The two talk about their doxing by Buzzfeed last February, Web3 potential and their new roles as reluctant rock stars in the crypto space. One thing they didn’t talk about—and it’s a shame—is the crank conspiracy theory that their hugely popular NFTs are some kind of racist dog whistle – something about how some characters have 18 teeth and that’s code, mention of an obscure Aussie slang, Hawaiian shirts, Russian hats – it’s all pretty funny.
Definitely worth an hour of your time.