KEY3.id Launches Bored Ape Domain .bayc, the First Digital Identity Bound to Blue Chip NFTs

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November 24,2022 - Today at 20:00 (UTC+8) KEY3.id,  a distributed, open, and extensible naming system launched the first Blue Chip NFT bound decentralized identifier (DID) .bayc. Bored Ape (BAYC) NFT holders now claim the corresponding numbered DID, e.g. 0000.bayc, for free at KEY3.id. The .bayc DID is bound one-to-one to the BAYC NFT, and there are only 10,000 DIDs available to claim.

According to the KEY3.id, the .bayc DID is the first ABT (Asset Bound Token) tied to a Blue Chip NFT and is only available to BAYC NFT holders and is not transferable. KEY3.id 's CEO Kory Pak tweeted that .bayc may usher in a new stage  of "Asset as your DID".

The launch of .bayc immediately generated mass buzz and followers in the BAYC community, including some of Web3's most famous influencers. Game Space CEO Michael Cameron minted 6669.bayc and changed his Twitter name into "Michael Cameron 6669.bayc"; former Huobi Global CEO 0xLivio minted 2883. bayc, and also changed his Twitter name accordingly.

Michael Cameron said: ".bayc combines the uniqueness of short digit domains and the numeric features of Bored Ape and only BAYC NFT holders can claim it, which can effectively reflect the assets of DID holders. .bayc is expected soon to become the most sought-after DID , and may even drive up the price of BAYC NFT, especially favorable to the ones who possess great numbers. "

Several BAYC NFT holders said that the most valuable aspect of .bayc is the Asset Bound Token feature. It ensures its reliability, follows the NFT and cannot be traded separately, and once the NFT has been transferred or traded, its corresponding DID will also be destroyed.

KEY3