Mutant Ape Yacht Club (MAYC) is the second (and final) tier of the Bored Ape Yacht club, launched on 28th Aug 2021. It has a collection of 20000 monkeys that can either be created by a Bored Ape Yacht Club (BAYC) member by using a Mutant Serum or by minting a Mutant Ape in the public sale. This was done to reward existing ape members with new NFTs – mutant versions of their existing Apes and also welcome new members to the club at a lower tier of membership.
The existing 10000 members of BAYC were randomly airdropped the mutant serum for free, whereas the remaining 10000 MAYC NFTs were sold in a Dutch Auction for the best chance of fair distribution and to avoid a gas war. The mutant serum is distributed in 3 ways: 7500 M1, 2493 M2 & 8 MEGA. Each of these serums was shuffled and assigned randomly to an ape and was distributed to the particular ape chosen by the system at the time of the drop. They wanted MAYC to be the gateway for people who wanted to re-enter the club and also allow people who wanted to get in at the mint price of the NFT. This was done to strengthen their community by ensuring long-term club members.