FAQ
1. What is The Red Ape Family (TRAF)?
The Red Ape Family (TRAF) is a ground-breaking comedy show, and the first animated series starring blue-chip NFTs. It is also the first show of its kind where episodes are sold as individual NFTs. The stars are all Bored Ape Yacht Club OGs, but other NFTs also feature throughout the show.
2. Who's behind the project?
TRAF Entertainment is behind The Red Ape Family project. The Full details on the brains and creativity behind TRAF are available in the Team section of our website.
3. Where can I watch TRAF?
You can watch TRAF on multiple platforms, including AppleTV through the ALTRD.TV app.
Here are two links where you can watch TRAF: https://www.altrd.tv/shows/red-ape-family/ https://www.youtube.com/c/TheRedApeFamily
4. How many episodes are planned?
So far, TRAF raised funds through NFTs to produce 3 Episodes.
TRAF will continue to seek different types on investments (e.g. traditional, VC, etc.) to secure funding for content production of an additional episode or two.
5. How many TRAF NFTs are there?
Each Episode has 333 NFTs.
6. How much does a TRAF Episode NFT cost?
A TRAF Episode NFT costs 0.35 ETH
Royalties = 10%
7. How many TRAF Episode NFTs can I buy at once?
You can buy up to 2 to 10 NFTs per wallet, based on your status.
8. Which Blockchain are you using for the Episode NFTs?
We are using the Ethereum blockchain and the ERC-721 standard.
9. How is my TRAF NFT going to look like on OpenSea?
Your NFT will have the Episode Poster as a placeholder.
10. Do I need to own a TRAF NFT to be able to watch the show?
No. Everyone with an internet connection will be able to watch TRAF :)
Click on the link and enjoy! https://www.altrd.tv/shows/red-ape-family/ or https://www.youtube.com/c/TheRedApeFamily
11. IP and Commercial rights? Tell me more!
A TRAF Episode NFT is similar to a sports card or a trading card in video form. When you buy an NFT of an episode, you don’t own the intellectual property rights nor the commercial rights of the episode or of what the episode contains. Buying a TRAF Episode NFT doesn't give the owner copyright ownership of the video or ownership of the TRAF characters or TRAF logos.
12. Anyone can view the images or videos online for free. So why are people willing to spend their hard-earned money on something they could easily screenshot or download?
Because an NFT allows the buyer to own the original item. Not only that, it contains built-in authentication and a smart contract, which serves as proof of ownership. Once it's registered in the blockchain, no one else can claim that original art as his.
Owning an NFT is not just owning the art. An NFT gives access to a lot of utilities to its owners, like in our case: a percentage from royalties and streaming revenue.
13. If I don't need to own a TRAF NFT to watch the series, then why should I buy a TRAF NFT
Apart from owning a piece of art that represents the first animated comedy series made out of a bluechip NFT project, a TRAF Episode NFT gets you access to the TRAF community and to a large set of perks and benefits like a percentage from royalties and streaming revenue.
14. When I buy a TRAF Episode NFT, what do I buy exactly?
TRAF will be coded on the ETH blockchain forever! And when you buy a TRAF Episode NFT, you buy an edition of a specific episode.
15. What's an NFT? And why are people buying NFTs?
An NFT (Non-Fungible Token) is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are stored on a digital ledger called a blockchain that certifies a digital asset to be unique and therefore not interchangeable.
16. How do I purchase a TRAF NFT?
In order to purchase a TRAF NFT, you will need to purchase ETH From a cryptocurrency exchange like Coinbase or Binance and transfer that ETH into a non-custodial digital wallet like MetaMask. There are many digital wallet options, but you should probably use MetaMask to start your NFT journee.
Here is a step-by-step guide to help.
Use Chrome as your browser.
Install MetaMask as a Chrome extension and set up your wallet.
Create a Coinbase or Binance account and buy Ethereum.
In Coinbase or Binance, send your Ethereum to your MetaMask Wallet. Your MetaMask address is available on your MetaMask.
Once you receive your MetaMask wallet, sign up at www.theredapefamily.com and buy the NFTs when they launch.
More details available in the #how-to-mint channel in our Discord
17. Can I purchase TRAF NFTs with a credit card?
Yes. This option will be made available after the 3rd episode mint.
18. Will the TRAF NFTs be sold in the open marketplace?
Primary sales of TRAF NFTs will happen on our website www.theredapefamily.com
TRAF NFTs can be resold on secondary marketplaces like OpenSea: https://opensea.io/collection/theredapefamily
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