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Bored Ape Yacht Club NFTs Explained

This collection of 10,000 cartoon apes has become the poster child of NFTs. Right now, the cheapest you can buy one for is $150,000.

Bored Ape Yacht Club NFTs cost $190 at launch last April. Now they go for over $400,000.

NFTs have been around for five years, but the nonfungible token boom only truly began in 2021. It coincided almost perfectly with the launch of Bored Ape Yacht Club, a collection of 10,000 cartoon ape NFTs that's come to embody the whole industry. BAYC has over the past year become a bellwether for NFTs, just like bitcoin is for the crypto market at large. 

When NFTs were at their hottest, in April , the entry price for Bored Ape Yacht Club NFTs was $400,000. Following the crypto crash, caused by the Federal Reserve's hiking of inflation rates to tackle inflation , that's fallen closer to $150,000. Far from the all-time-high, but insane considering these NFTs sold for about $200 apiece last April. 

You've probably seen a BAYC, even if you didn't realize you were looking at one.

Bored Ape owners currently using their NFT as a Twiter profile picture include Timbaland (1.6 million followers), Eminem (22.6 million followers) and footballer Neyman Jr. (55 million followers). Jimmy Fallon and Paris Hilton are also BAYC holders, discussing their Apes in a (cringey) Tonight Show segment . Justin Bieber made headlines with his purchase of a $1.29 million Bored Ape Yacht Club NFT in February. 

In June, Eminem and Snoop Dogg released a video clip in which the rappers are depicted by their respective Bored Apes . 

Name my ape! Drop your suggestions below 👇 @BoredApeYC #BAYC #BoredApeYachtClub #NFTs pic.twitter.com/pwFynGy9QJ — jimmy fallon (@jimmyfallon) November 17, 2021

BREAKING: @Eminem just bought BAYC #9055 for 123.45 ETH ($461,868.42) WELCOME to the BAYC 🤗 pic.twitter.com/UvQFntDa8Q — m0rgan.ethᵍᵐ 💎🙆🏼‍♀️🆘 (@Helloimmorgan) December 31, 2021

Yuga Labs, the company behind the NFT collection, has already expanded the ecosystem to include a cryptocurrency (Ape Coin). More importantly, it's developing a "metaverse" MMORPG game called "Otherside." People holding Bored Ape NFTs are betting that the brand will completely break through and go mainstream. Already it's collaborated with brands like Adidas and Gucci, and last year a Bored Ape  graced the cover of Rolling Stone magazine . 

Like everything else to do with NFTs, the Bored Ape Yacht Club is contentious. Apes inspire jealousy among those who own and trade NFT art but confusion and suspicion among people who don't. Their value is instrinsically tied to ether, the second biggest cryptocurrency. That means NFTs like BAYC are likely to lose their lustre if crypto collapses -- something critics have prophesized for years. 

Here's what you need to know about the collection.

10 of the 10,000 Bored Ape Yacht Club NFTs. Each has different attributes, some rarer than others, that makes them unique. 

Wait, what are NFTs again?

NFT is short for nonfungible token. These are tokens verify ownership on the blockchain. In essence, an NFT is like a certificate of authenticity for a fancy watch or the deed to a house. It certifies that the digital asset -- in this case a cartoon picture of an ape -- is legitimate, and denotes who the owner is.

The most ubiquitous criticism of NFTs is that they're useless because pictures can simply be right-clicked and saved for free. The point of NFT technology is that it makes public who the owner of an asset is. The idea is that anyone can buy a Mona Lisa print for a few bucks, but only one person or institution can own the original. Everyone in the world can save a BAYC jpeg on their computer, but only one person can own the NFT. 

Whether that makes NFTs valuable is a judgement call. Some people think they'll revolutionize the internet, at last allowing digital goods to be bought and sold like real-world, physical products. Others think they're an environmentally-costly ponzi scheme. 

Why are there 10,000 Bored Apes?

Broadly speaking, there are two types of NFT art. First, you have one-off visuals that are sold as non-fungible tokens, just like paintings in real life. Think the  Beeple NFTs that were sold at Christie's for as high as $69 million. Second, you have NFT collections like the Bored Ape Yacht Club, which are mostly designed to be used as profile pictures on social media. The latter have become the dominant style, where most of the money is spent. 

Pioneered by CryptoPunks in 2017, NFT collections are a little like Pokemon cards. You have a set amount -- usually between 5,000 and 10,000 -- which all have the same template, but each has different attributes that make them unique. In the case of BAYC, there are 10,000 apes, each with varying fur types, facial expressions, clothing, accessories and more. Each attribute has a rarity component, which makes some much more valuable than others. 

These properties are displayed on OpenSea, the main platform where NFTs are traded. On any given NFT's page, its properties will be listed as well as the percentage of NFTs in the collection that share the property. Usually, anything under 1% is considered rare. For instance out of 10,000 apes only 46 have solid gold fur, making these particularly valuable.

Each NFT has traits which are ranked by rarity, making some more valuable than others. 

As noted, the "floor price" for the project -- what you'll pay for an ape with common traits -- is currently about $150,000 (85 ether). Apes with the golden fur trait are rare, and so sell for much more. One sold in January for $1.3 million . Another  with gold fur and laser eyes , two sub-1% traits, went for $3 million.

BAYC is the biggest NFT project of this kind, recently eclipsing CryptoPunks , which is credited as the first "pfp" (profile picture) collections. Other notable sets include CyberKongz, Doodles and Cool Cats .

What makes Bored Ape Yacht Club valuable?

This is a complicated question. The short answer is that they're status symbols , and like all status symbols their value comes from perception and branding rather than utility. Just like a CEO may try to communicate business acumen with a Rolex or a luxury suit, people who trade NFTs display their success with a Bored Ape Yacht Club NFT. Their argument is that NFTs are better status symbols than real-world items, since when used as profile pictures they can be seen by millions of people on Twitter and Instagram.

Let's start at the beginning. Bored Ape Yacht Club was launched last April. It took 12 hours for all 10,000 to sell out at a price of $190 (0.08 ether). The price of Bored Ape NFTs rose steadily until July, when they spiked dramatically and the collection became a blue-chip set.

What makes an NFT collection successful is highly subjective. Broadly, it's a mix of four things: Influencer or celebrity involvement, mainstream potential, utility for members and community appeal.

The first and second are obvious. When famous people own an NFT, it makes others want to own one too. When celebrities like Jimmy Fallon and Justin Bieber bought into Bored Ape, it caused a run in sales and hype -- and hype is what the NFT market is all about. People buying into BAYC today, at a steep price of over $150,000, are likely to believe that the brand could one day adorn more than celebrity social media accounts: Netflix shows, popular games and Hollywood movies are the goal. 

Thirdly, utility. Most NFT projects claim to offer a utility of some sort, which means it does something other than act as a profile picture. That can be access to play-to-earn games or the option to stake an NFT in exchange for an associated cryptocurrency. 

Bored Ape Yacht Club has done a few things to keep owners interested. First, it created the Bored Ape Kennel Club , offering owners the opportunity to "adopt" a dog NFT with traits that mimic those of the Bored Apes. Another freebie came in August of 2021: Digital vials of mutant serum. Owners could mix their Bored Ape with the serum to create a Mutant Ape Yacht Club NFT (see below). 

The advent of this second collection last August is when the Bored Ape brand really popped. Seen as doing innovative things with NFT technology, and coinciding with a huge amount of money entering the space that month, Bored Ape Yacht Club started to be seen as the premiere NFT brand. 

Both Kennel Club and Mutant Ape NFTs now sell for a lot. The Mutant Ape Yacht Club collection entry point is about $30,000, while Bored Ape Kennel Clubs are selling for about half that. (Remember, these were free to BAYC holders.)

A Bored Ape and its Mutant Ape counterpart. 

Last but not least is the community that's built around a collection. NFTs double as membership cards to holder groups. The more valuable people find belonging to that community, the less they'll want to sell their NFT. Bored Ape Yacht Club has organized meetups in New York and California, and there have been Bored Ape get-togethers in Hong Kong and the UK, too. This past June, BAYC holders were treated to "Ape Fest", a festival that included performances from Eminem, Snoop Dogg, LCD Soundsystem and Amy Schumer.

But "community value" also extends to financial self interest. The higher the floor price on a collection, the more crypto-rich traders you can expect to be holders. These savvy investors trade information within locked Discord groups, providing valuable (sometimes insanely valuable) tips to one another. Sell your NFT and you'll no longer be privvy to such tips. 

Eminem is the latest celebrity to flaunt a Bored Ape Yacht Club NFT as a social media profile picture.

Who's behind the Bored Ape Yacht Club?

The Bored Ape Yacht Club was developed by Yuga Labs. At the time, Yuga Labs consisted of four people, all of whom went by pseudonyms. There's Gordon Goner and Gargamel, who are the two co-founders, and two friends who helped on the development side, No Sass and Emperor Tomato Ketchup.

Got doxxed against my will. Oh well. Web2 me vs. Web3 me pic.twitter.com/uLkpsJ5LvN — GordonGoner.eth (@GordonGoner) February 5, 2022

Got doxed so why not. Web2 me vs Web3 me. pic.twitter.com/jfmzo5NtrH — Garga.eth (@CryptoGarga) February 5, 2022

Seems like the cat is out of the bag anyway, so... Hi, I'm Kerem 👋🍅 web2 me vs. web3 me pic.twitter.com/v7i4JDCTlc — EmperorTomatoKetchup (@TomatoBAYC) February 8, 2022

Welp, here we go... Hey, I'm Zeshan. Nice to meet y'all (: Web2 me vs. Web3 me pic.twitter.com/0AnqurQ1el — Sass (@SassBAYC) February 8, 2022

All four went exclusively by their pseudonyms until February, when BuzzFeed reported the identities of Gordon Goner and Gargamel. Gargamel is Greg Solano, a writer and book critic, and Gordon Goner is 35-year-old Wylie Aronow. Both went on to post pictures of themselves on Twitter alongside their Bored Apes. Following that, Emperor Tomato Ketchup and Sass both "doxxed" themselves -- that is, revealed their identity -- by doing the same. 

The actual art was created by freelance artist Seneca , who's not part of Yuga Labs. 

What's next?

Yuga Labs has big plans for its Bored Ape Yacht Club brand, plans that are both on- and offchain. (That is, both on the blockchain and in the real world.)

Start with more blockchain stuff. In March, Yuga Labs released Ape Coin, its own cryptocurrency. All Bored Ape holders were airdropped just over 10,000 Ape Coins at launch, worth around $100,000 at the time (now about $70,000). Ape Coin will be the primary currency in Otherside, the metaverse Yuga Labs is building .

Metaverses are big, virtual spaces shared by hundreds or thousands of people at a time. They've existed for a long time, think Second Life or even Fortnite. Blockchain-integrated metaverses are different only in the sense that the land, building and items within the world are owned by users as NFTs. Yuga Labs has already sold land for the metaverse, making over $300 million in just a few hours of sales .

Out in the physical world, the Bored Apes are integrating themselves into fashion. Adidas launched its first NFT project, Into The Metaverse, in collaboration with several NFT brands, Bored Ape Yacht Club chief among them. Collaborations between Adidas and BAYC on both virtual and physical clothing are coming soon. 

Adidas is also a member of the Bored Ape Yacht Club. 

The Bored Ape Yacht Club brand has popped up in other industries too. Literally in the case of food: A pop-up restaurant in Los Angeles was recently turned into a permanent burger spot. In January, a mobile game, Apes vs. Mutants , launched on both the App Store and Google's Play Store. (Reviews have been unkind.) Another mobile game is in production , scheduled for Q2. Bored Ape figurines by Super Plastic are on the way too.

More unusual, though, is what people are doing with their apes. Owning a Bored Ape NFT gives you full commercial rights to it, and holders are taking advantage of that in some creative ways. One Bored Ape owner set up a Twitter account for his ape where he created a backstory, turning him into Jenkins, a valet that works for the Yacht Club. Jenkins is now signed to a real-world agency, and has a biography written by New York Times bestseller Neil Strauss . Universal Music Group has invested by  signing a band consisting of three Bored Apes and one Mutant Ape . 

You might think NFTs are silly -- and terrible for the environment -- but don't expect the Bored Apes to disappear anytime soon.

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Bored Ape Yacht Club: A complete and up-to-date overview of the revolutionary and leading NFT project

Table of contents

Bored Ape Yacht Club (BAYC) is arguably the most influential NFT project in the world. For almost a year, it remained second only to CryptoPunks in terms of turnover. This collection led to the creation of other equally popular and large-scale projects: BAKC, MAYC, Otherside metaverse, ApeCoin. The history of BAYC is a living testament to how a couple of successful deals can change an entire market. If not for one prominent NFT influencer, BAYC might not exist at all. But more on that later.

Today’s review is about an amazing global success story that has led to over $2 billion in sales, NFT market dominance, and elite status.

Bored Ape Yacht Club Official Links

• Official site: https://boredapeyachtclub.com
• Twitter @BoredApeYC: over 1M followers,
• Discord @BoredApeYachtClub : over 209K subscribers,
• Instagram @boredapeyachtclub : over 700K subscribers.

What is Bored Ape Yacht Club (BAYC)?

Bored Ape Yacht Club (BAYC) is a fusion of digital collectibles and an exclusive online community. Each Bored Ape is a unique digital character, created with over 170 distinct traits such as clothing, expressions, and headwear.

Moreover, owning a Bored Ape grants membership to the elite community, unlocking exclusive benefits. The value of these perks depends on an individual’s engagement with the concept. For instance, members can access The Bathroom, a collaborative art space within the cryptosphere, allowing them to contribute to a digital wall painting experience.

A more substantial advantage is that Bored Ape NFT holders possess complete commercialization rights for their apes. This means if you own a Bored Ape, you have the freedom to use it for various commercial purposes. In addition, each community member has exclusive access to the annual IRL ApeFest and participates in the project’s airdrops. And this, believe us, turns this valuable investment asset into 2-3-4 additional digital assets.

In general, we won’t tell you everything at once. Therefore, this comprehensive, up-to-date guide to the most prestigious ecosystem is for you.

Bored Ape Yacht Club in numbers

• The Bored Ape Yacht Club (BAYC) comprises a limited collection of 10,000 unique NFTs, launched on April 29, 2021, at a mint price of 0.08 ETH (equivalent to $190).
• Presently, the collection is under the ownership of 5,546 distinct wallets, with 55% being unique owners.
• Notably, the floor price for these exclusive NFTs currently stands at around 26 ETH, translating to approximately $40,000.
• The sales volume of BAYC has surpassed a remarkable 1.3 million ETH, equivalent to a staggering $2.17 billion.
• The peak of its popularity was evident when the most expensive BAYC, numbered #8817, was sold at Sotheby’s for an astounding $3.4 million in late October 2021. In another remarkable auction, the Yuga Labs team successfully sold a lot of 101 NFTs for an impressive $24.4 million at Sotheby’s in September 2021.
• During the peak of the NFT craze in April 2021, the entry price for BAYC was as high as $400,000.
• Demonstrating its widespread appeal, a special edition of Rolling Stone magazine featuring a Bored Ape on the cover, limited to 2,500 copies, sold out within a mere four minutes at the beginning of November 2021.
• Interestingly, only a small fraction of the collection, approximately 2% (244 pieces out of 10,000), is currently available for sale. These listings range from 26 ETH to 5,000 ETH, indicating that the majority of holders view their BAYC assets as valuable long-term investments, showing no haste in parting with their prized possessions at lower prices. This steadfast confidence underlines the collective belief in the project’s enduring potential.

Thanks to all these records, the project is included in the TOP of the best NFT collections .

Data (including exchange rates) are given at the time of publication (October 18, 2023)

Bored Ape Yacht Club attributes

Every BAYC possesses distinct features (168), categorized into 7 main attributes, each having various versions:

• The background

Some attributes are rarer than others, which makes these monkeys more collectible. Therefore, they are more expensive than others. For example, apes with Solid gold fur are rarer and more expensive than others. The floor price for these NFTs has consistently remained above 330 ETH throughout their sales history, having been offered for sale only twice. This rarity is attributed to their substantial investment potential, promising far greater returns in the future compared to a quick but less rewarding sale.

What sets this collection apart? It stands as one of the initial projects meticulously hand-drawn by artists, deviating from the algorithm-generated images prevalent in other collections like the renowned CryptoPunks. This distinction marks their first and most significant departure from the CryptoPunks phenomenon.

Who created the Bored Ape Yacht Club?

Let’s delve into the origins of this journey. In a twist of fate, a group of friends came together to establish their startup venture. They named their team Yuga Labs , driven by the ambition to construct a media empire exclusively dedicated to NFTs. Crafting Bored Ape Yacht Club (BAYC) marked their inaugural stride toward achieving this ambitious vision.

Initially, all developers at Yuga Labs operated under pseudonyms, a practice they maintained until BuzzFeed unmasked two of them in a February 2022 article.

And the aliases are:

• Gordon Goner @GordonGoner ,
• Gargamel @CryptoGarga ,
• Sass @SassBAYC ,
• Emperor Tomato Ketchup @TomatoBAYC .

It was revealed that Gargamel is, in fact, Greg Solano, an author and literary critic, while Gordon Goner goes by Wiley Aronov. Sass and Emperor Tomato Ketchup, whose real names are Zeshan and Kerem respectively, both work as software engineers.

Prior to their involvement with BAYC, Gargamel and Gordon Goner had minimal presence in the crypto community, lacking any prior development experience in the field. Despite their lack of experience, both individuals had been active traders since 2017. Tomato and Sass were newcomers to the world of NFTs and cryptocurrencies. Nevertheless, the four of them collaborated, forming Yuga Labs, and subsequently launched BAYC under this banner.

Regarding the creation of actual art, none of the founders were responsible. The primary artist for the original BAYC collection is a woman known by the pseudonym Seneca, or the All-Seeing Seneca. Additional contributors included artists such as Thomas Dugley, Migwasher, and a couple who preferred to remain anonymous.

Bored Ape Yacht Club success story

Before the inception of BAYC concept, the team at Yuga Labs was already immersed in project development. Yuga Labs realized that traditional art market concepts did not translate well into the digital realm. While paintings adorn living room walls, NFTs serve as social media profile pictures. Recognizing this shift, the team sought an “exclusive” feature for club members, giving rise to the idea of a yacht club.

Yuga Labs envisioned the club as a haven for early crypto and NFT pioneers, individuals who had ventured into the world of cryptography during its nascent stages. These early “apes,” having reaped the benefits of their earlier investments, found themselves in a leisurely state, spending their days on yachts or socializing in bars.

Reportedly, Yuga Labs swiftly attracted prominent crypto investors who backed this vision with their savings. With investments secured, the team commenced collection development, determining attributes, crafting illustrations, and securing a minting contract. The official release occurred on April 29, 2021, with NFTs initially priced at 0.08 ETH per ape (approximately $190 at that time). Initial sales were gradual, and by May 1, the momentum was still low.

However, the narrative took a dramatic turn when influential NFT personality, Pranksy , acquired nearly all the monkeys, announcing the purchase to his extensive Twitter following. This event catalyzed a rapid transformation; BAYC’s collection completely sold out within 12 hours.

Remarkably, the BAYC team emphasized in interviews that they had no prior contact with Pranksy before the sale. In the subsequent month, BAYC experienced a surge in secondary sales, marking the beginning of its rapid ascent.

Why is Bored Ape Yacht Club popular?

The widespread appeal of the Bored Ape Yacht Club (BAYC) can be attributed to several key factors:

Celebrity and Mass Appeal

When influential figures or celebrities own NFTs, it creates a desire for others to own them too. Notable personalities such as Jimmy Fallon and Justin Bieber owning Bored Ape NFTs triggered a surge in sales and excitement. This celebrity endorsement generates hype, a driving force in the NFT market. People purchasing BAYC at high prices today anticipate its potential expansion beyond celebrity social media profiles, envisioning its presence in popular media like Netflix shows, renowned games, and Hollywood movies.

Community Engagement

The community surrounding the collection serves as a vital driving force. Members are drawn not only to the project’s existence but also to the exclusive privileges it offers, providing them a sense of belonging to an elite society alongside stars and celebrities. NFTs function as membership cards, granting access to exclusive groups. The more valuable people perceive their membership, the less inclined they are to sell their assets. Additionally, higher floor prices attract wealthy crypto traders, enhancing the community’s financial dynamics.

Long-term Project Viability

Unlike many projects in the market consisting solely of visual images and minimal backstory, BAYC stands out. After the initial collection release, the team expanded their initiatives, introducing two more collections, a governance token, and eventually, a metaverse. These interconnected projects are meticulously designed around the concept of monkeys, amplifying their value, significance, and impact. Notably, BAYC boasts a detailed project whitepaper outlining the team’s plans, providing transparency and assurance to investors about the project’s future trajectory.

BAYC’s value extends beyond mere collectibility, encompassing a robust social component.

Upon purchasing a BAYC token, buyers gain membership not just in the form of a token, but in an exclusive community of like-minded crypto enthusiasts. Membership privileges within this closed club continue to expand and currently include:

• Access to Exclusive Discord Server. Members join a private Discord server comprising over 30,000 individuals, including token holders and celebrities. This platform allows interaction and communication among the BAYC community members.
• Ownership and Commercial Use Rights. Owners of BAYC NFTs possess not only the rights to their virtual apes but also the commercial freedom to monetize these assets. Owners can generate income by licensing the images or creating products based on their NFTs. For instance, a BAYC member created a Twitter account for their monkey, inventing a backstory. This narrative led to the creation of a biography by New York Times author Neil Strauss, detailing the virtual valet Jenkins, an employee of the yacht club.
• Participation in Online and Offline Activities. BAYC members enjoy opportunities for both virtual and real-world engagement. They can attend exclusive events, including private parties. A notable offline event, Ape Fest, took place from October 31 to November 6, 2021, in New York. The festival featured diverse activities for monkey owners across the city, including a yacht party, charity dinners, and a concert featuring renowned personalities like Chris Rock, Aziz Ansari, and the Strokes. Over 700 attendees participated in these events. In June 2022, Ape Fest featured performances by artists like Eminem, Snoop Dogg, LCD Soundsystem, and Amy Schumer, further enhancing the unique experiences available to BAYC members. In 2023, ApeFest will be held in Hong Kong from November 3 to 5.

• The Bathroom serves as a digital canvas for Bored Ape Yacht Club (BAYC) graffiti holders. Each NFT owner has the opportunity to contribute by drawing one pixel every fifteen minutes on a designated virtual wall.
• Access to derivative NFT collections. BAYC members gain exclusive entry to other NFT collections curated by Yuga Labs. Furthermore, they are eligible for free airdrops (we will talk about them below).

Remarkably, the creators managed to transform their monkeys into a cultural phenomenon. BAYC has transcended being merely an image; it now functions as a key to an exclusive community and serves as a status symbol. This transformation has led many individuals to invest substantial sums, ranging from tens to hundreds of thousands of dollars, in these digital images.

Which celebrities own BAYC NFT?

Notably, BAYC has garnered significant attention from celebrities. A-listers prominently feature NFTs as their avatars on social media platforms, incorporate them into videos, and even participate in events dedicated to these digital creations. This widespread celebrity endorsement has introduced BAYC to hundreds of millions of people, further enhancing its popularity and reach.

Bored Ape owners include:

• American singer and show woman Paris Hilton,
• Pop legend Madonna,
• Singer Justin Bieber,
• Actor Kevin Hart,
• Broadcaster Jimmy Fallon,
• Musician Lil Baby,
• Rappers Snoop Dogg and Eminem, Post Malone and Jermaine Dupri,
• Billionaire Mark Cuban ,
• Basketball players Shaquille O’Neal, Stephen Curry, Josh Hart, LaMelo Ball and Tyrese Haliburton,
• American football stars Dez Bryant, Tom Brady and Von Miller,
• Musical groups The Chainsmokers and Waka Flocka Flame.
• Post Malone even managed to show the process of buying Bored Ape through the MoonPay app in a recent clip from The Weeknd – One Right Now. At the time of writing the video has received more than 106 million views on YouTube.

Imagine, we have listed only a small part of the celebrities who have invested large sums in these bizarre works.

Bored Ape Yacht Club ecosystem

The Bored Ape Yacht Club (BAYC) ecosystem is a thriving digital universe that combines exclusive NFT collectibles, vibrant community engagement, and innovative utility. With celebrities endorsing these NFTs and an expanding range of interactive experiences, the BAYC ecosystem stands as a pinnacle of creativity and community within the NFT space.

Mutant Ape Yacht Club (MAYC)

Mutant Ape Yacht Club (MAYC) introduces a collection of 20,000 uniquely mutated apes, each boasting an array of distinctive physical flaws. These mutations range from eerie rotting features to curious growths and even blurry snouts, making each mutant ape a truly one-of-a-kind creation. Upon the launch of the Mutant Ape Yacht Club, owners of Bored Apes were gifted a unique “serum.” This serum could be fused with their existing Bored Ape, resulting in the creation of an entirely new Mutant Ape character.

The purpose behind their creation was to acknowledge the enthusiasm of BAYC owners for the community, while also enticing more collectors to join the ecosystem. The initial price of MAYC stood at 3 ETH, and astonishingly, the entire collection was sold out within just one hour in August 2021, generating a staggering $96 million for the project team.

What sets MAYC apart is the introduction of innovative “serums,” randomly distributed among users. These serums hold the power to transform ordinary Bored Ape Yacht Club (BAYC) monkeys into unique MAYC mutants. The serums come in three distinct levels:

• M1 and M2 Serums: These serums allow users to create a mutant monkey with some resemblances to the original BAYC character. The mutations are noticeable yet maintain a connection to the ape’s origins.
• M3 Serum: The coveted M3 serum takes the concept further by enabling the creation of an entirely new mutant monkey. This serum enhances the ape’s uniqueness, resulting in a mutant creation that stands apart from the rest, making it a highly prized asset in the NFT realm.

• You can buy a token for a minimum of 4.8 ETH,
• Total sales exceeded 988K ETH (Over $1.5 billion),
• The most expensive MAYC #30002 was sold for 500 ETH,
• Over 11K unique owners (58%).

You can also check out our ranking of the rarest MAYC tokens.

Bored Ape Kennel Club (BAKC)

Bored Ape Kennel Club (BAKC) comprises 10,000 unique NFT dogs, each possessing distinctive traits. The collection is designed around a particular theme: a bored ape’s melancholy can be comforted by the presence of a faithful companion dog, bringing warmth and joy. Unlike the MAYC, the BAKC was exclusively offered to existing BAYC members. In June 2021, digital dogs were randomly distributed to BAYC owners for free as part of their perk – one dog for each BAYC. Within a limited timeframe, these members had the opportunity to “adopt” one of these 10,000 charming dogs. Notably, during the initial six weeks, a 2.5% royalty fee from secondary market sales was directed towards supporting no-kill animal shelters, adding a philanthropic aspect to the endeavor.

• You can buy a token for a minimum of 1.5 ETH,
• Total sales exceeded 273K ETH (Over $430k),
• The most expensive BAKC #5908 was sold for 50 ETH,
• Over 5K unique owners (53%).

ApeCoin Governance Token

ApeCoin ( $APE ) serves as the economic management token within the BAYC ecosystem, fostering community development. It operates as an ERC-20 token specifically designed to empower the community of bored monkeys. Yuga Labs, the brains behind the BAYC collection, has integrated ApeCoin across all its products and services.

Why is this relevant in our article? Well, 15% of the total coin supply was distributed to BAYC holders, enabling them to engage in lucrative trading activities on various prominent cryptocurrency exchanges.

• The total supply of $APE stands at 1 billion coins;
• The cryptocurrency’s market capitalization has surpassed $420 million;
• The value of a single Apecoin recently ranged from $1.1 to $2;
• The token reached its peak value on April 29, 2022, hitting $23.

Otherside Metaverse

On March 19, 2022, Yuga Labs took the virtual world by storm, unveiling a captivating trailer for the highly anticipated Otherside metaverse via their official Twitter account. Unlike anything seen before, this metaverse is a masterpiece of gamification, combining elements of role-playing games with iconic characters from popular NFT collections including BAYC, MAYC, CryptoPunks, Meebits , World of Women , Cool Cats and others blue chips.

What sets Otherside apart is its unique collaboration with industry giants Animoca Brands and Improbable, promising a groundbreaking virtual experience. In this immersive metaverse, NFT enthusiasts can interact with digital assets from well-known collections, creating an interconnected universe of creativity and innovation.

However, what truly sets Otherside apart from the rest is its ambitious endeavor to create a massively multiplayer online role-playing game (MMORPG) metaverse. This bold step aims to seamlessly integrate diverse NFT universes, providing players with an unparalleled gaming experience that transcends traditional boundaries.  

Today, Otherside is a strategic priority for the entire ecosystem, as recently confirmed by the company’s CEO, pointing out strategic focuses .

How much do BAYC cost?

In April, 2021 the mint price was 0.08 ETH ($190). To visualize the price growth, we made a cut at the average price for 1 NFT:

• In August 2021: 24 ETH;
• In October 2021: 62 ETH;
• In January 2022: 116 ETH;
• In May 2022: 159 ETH;
• In August 2022: 120 ETH;
• In January 2023: 75 ETH;
• In August 2023: 28 ETH.

Now (October 2023) the floor price is 26 ETH. On average, the latest sales are in the range of 24-40 ETH. To date, the sales volume has surpassed a remarkable 1.3 million ETH, equivalent to a staggering $2.17 billion.

The most expensive BAYC sales

• In September 2021, Yuga Labs achieved a significant milestone by selling a collection of 101 NFTs for an impressive $24.4 million at Sotheby’s.
• #8817 fetched an astonishing $3.4 million at Sotheby’s by the close of October 2021, further solidifying the club’s status as a coveted and valuable collection in the NFT market.
• #7537 sold on June 15, 2022 for 1024 ETH ($1.2M at time of purchase).
• #6388 sold on July 9, 2022 for 869.69 ETH ($1M at time of purchase).
• #232 sold on November 23, 2022 for 800 ETH ($947k at time of purchase).

You can also see our ranking of the most expensive , rarest and most popular BAYC NFTs.

Where to buy Bored Ape Yacht Club?

In early April 2021, the NFTs were at their peak and quickly sold out. Now they can only be bought in secondary markets. You can see all NFTs available for sale on their page only on the marketplaces:

• LooksRare ,

How to buy Bored Ape Yacht Club?

Wondering how to become a part of the Bored Ape Yacht Club community? Here’s a simple guide:

• Connect Your Crypto Wallet: Start by linking your crypto wallet, ensuring secure storage for your digital assets.
• Visit the Official Collection: Locate the official Bored Ape Yacht Club collection. You can find links to official accounts in the previous paragraph.
• Choose Your NFT: Explore the collection to find the specific NFT you wish to purchase. Click on the NFT and then hit the “Buy” button.
• Place a Bid (Optional): Alternatively, you can place a bid on the token you like. Ensure you have enough ETH to cover gas or transaction fees. If the seller accepts your bid, the transaction will proceed.
• Congratulations!: Once the deal is confirmed, you officially become a valued member of the Yuga Labs community. Enjoy your newfound privileges!

Collaborations and news about BAYC

This extensive review would be incomplete if we did not touch on important news about the project itself. So, below are the largest of them.

• In October 2021, Yuga Labs inked a deal with renowned music manager Guy Osiri, known for his collaborations with Madonna and U2. Osiri’s agency, Maverick Records, will serve as the representative for BAYC in the realms of film, television, and music.
• Following suit, in November 2021, music powerhouse Universal Music revealed its intentions to create a virtual metaverse centered around NFT apes. Additionally, they announced the promotion of a virtual group named Kingship, comprised of three rare Bored Ape members and one Mutant Ape.

• In November 2021, American rapper and producer Timbaland made a significant move by purchasing multiple BAYCs and establishing Ape-In Productions. This company and platform are dedicated to crafting content for various metaverse applications, specifically those incorporating BAYC visuals. Timbaland’s venture introduced TheZoo, a virtual group comprised of six Bored Ape members. The label debuted their inaugural track, “ApeSh!t,” accompanied by a music video in March 2021.

• In early November 2021, the renowned magazine Rolling Stone unveiled an exclusive NFT cover showcasing a Bored Ape. Limited to 2,500 copies, this special edition sold out within a mere four minutes, emphasizing its immense popularity.

• In December, 2021, Adidas launched its first NFT project, Into The Metaverse , in collaboration with several Bored Ape Yacht Club, Punk Comics, and NFT influencer Gmoney . Collaboration between Adidas and BAYC is coming soon on both virtual and physical wear.
• In June 2022, Snoop Dogg and Eminem launched a fresh track and music video featuring the Bored Apes collaboration. Both artists took on the persona of animated monkeys in the video. As of the latest update, the official channel has amassed over 88 million views for this captivating collaboration.

• In July, 2023, Yuga Labs launched network licensing for BAYC and MAYC brands called “ Made by Apes ”. Owners of these NFTs can officially register their goods, services or company under the NFT brand based on a unique online license.
• On August, 2023, Snoop Dogg and the world-famous shoe brand Skechers presented a collaboration in the form of a limited collection of street shoes called Dr. Bombay featuring a leopard BAYC. A total of 5 models in the collection with elements of leopard style and a large image of a leopard NFT ape. The cost is from 75 to 100 dollars.
• In September, 2023, the team has revealed its latest collaboration with the legendary Japanese streetwear brand BAPE . The collaboration will feature an extremely limited collection available exclusively to the community. The collaboration will feature an extremely limited collection available exclusively to the community. The premiere will take place at ApeFest 2023 in Hong Kong.
• In September, 2023, Yuga Labs announced The Yacht Club Open House IRL event. This inaugural event, designed to welcome non-members, promises a day filled with panel talks, immersive encounters, and the chance to connect with web3 creators, collectors, and the crypto-curious.

The Future of Bored Ape Yacht Club

Bored Ape Yacht Club (BAYC) has undeniably made its mark on the NFT and blockchain landscapes, but its journey is far from over. Looking ahead, we can expect BAYC to not just maintain its momentum but also soar to even greater heights.

BAYC has transcended into a cultural phenomenon, and its popularity is set to surge as more individuals get acquainted with its unique appeal. Several factors, such as the growing acceptance of NFTs, the metaverse’s rising popularity, and the steadfast support from its vibrant community, will act as the driving force behind its continued expansion.

In the realm of blockchain, BAYC is positioning itself as the most major player. The club’s potential lies in its ability to innovate, constantly introducing groundbreaking products and services. Through strategic partnerships and collaborations, BAYC could reshape how we engage with digital assets and virtual experiences, setting new standards in the industry.

BAYC’s future is remarkably promising. Its current success, combined with ongoing innovations, suggests a future where BAYC will wield significant influence over the NFT and blockchain sectors. Keep an eye on this space; exciting developments are undoubtedly on the horizon.

Should you invest in Bored Ape Yacht Club?

In the ever-evolving world of cryptocurrencies and NFTs, the Bored Ape Yacht Club has emerged as a significant player, capturing the attention of investors and enthusiasts alike. The question on many minds is: Should you invest in Bored Ape Yacht Club?

At its core, BAYC is not just a collection of unique and artistic NFTs; it represents a thriving community and a cultural phenomenon. The exclusivity and creativity embedded in each Bored Ape make them highly coveted digital assets. With celebrities, influencers, and notable personalities endorsing BAYC, its popularity has skyrocketed, leading to substantial market demand.

Investing in these NFTs offers the allure of potential profits, especially given its historical price trends and the ever-expanding NFT market. The limited supply of 10,000 Bored Apes ensures their rarity, a key factor driving their value. Additionally, BAYC’s foray into the metaverse and collaborations with renowned artists and musicians hint at its potential for long-term growth and innovation.

However, like any NFT investment , BAYC comes with risks. The volatile nature of the cryptocurrency market means prices can fluctuate rapidly. Potential investors must conduct thorough research, understanding the market trends, community dynamics, and the overall utility of BAYC within the NFT ecosystem.

In conclusion, investing in Bored Ape Yacht Club can be a lucrative venture for those willing to navigate the complexities of the crypto world. With its strong community, unique value proposition, and continuous developments, BAYC stands as a compelling investment opportunity. As always, diversification and a well-informed approach are key when considering any investment in the digital realm.

Opinion of NFTmetria

In the vast sea of NFT collections, Bored Ape Yacht Club (BAYC) has emerged as a beacon of exclusivity and innovation. While countless NFT projects come and go, only a select few truly capture the public’s imagination, and BAYC stands firmly among them. Its unprecedented popularity can be attributed to several key factors, making it a standout choice for both collectors and investors.

• Celebrity Allure and Social Status: One of the driving forces behind BAYC’s meteoric rise is the endorsement by celebrities and influencers. When influential figures, like Jimmy Fallon and Justin Bieber, proudly display their Bored Apes, it creates a hype that resonates far beyond the crypto community. BAYC serves not just as a digital art collection, but as a social symbol, a pass to an exclusive club where social status intertwines with digital ownership.
• Active Community and Social Component: BAYC has redefined the concept of NFT ownership. It’s no longer just about owning a piece of digital art; it’s about being part of a thriving community. The active engagement within the BAYC community fosters a sense of belonging, turning mere token holders into active participants in a digital society. This social component, where digital assets mirror real-world social interactions, is reshaping the way we perceive ownership in the digital realm.
• A Glimpse into the Future: While BAYC is undeniably a form of conspicuous consumption, it also serves as a trailblazer for the crypto sector. Its success raises an intriguing question: Could blockchain technology find its true calling in the realm of entertainment, paving the way for a future where digital experiences hold as much value as physical possessions? As mass adoption of blockchain technology inches closer, BAYC’s unique blend of art, social interaction, and celebrity endorsement might very well point the way forward.

In the ever-evolving landscape of cryptocurrencies and NFTs, Bored Ape Yacht Club stands as a testament to the potential of digital assets beyond financial investments. Its allure goes beyond monetary value; it represents a cultural shift where the digital and physical worlds intersect. As we witness the unfolding chapters of blockchain technology, BAYC offers a tantalizing glimpse into what the future might hold – a future where our digital lives are as rich and meaningful as our physical ones. Only time will reveal the full extent of this transformative journey.

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Bored Ape Yacht Club NFT

The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits, the first of which is access to THE BATHROOM, a collaborative graffiti board. Future areas and perks can be unlocked by the community through roadmap activation. Visit www.BoredApeYachtClub.com for more details.

Bored Ape Yacht Club Rarity Explorer

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Bored Ape Yacht Club

Bored ape yacht club price floor and sales live data.

Bored Ape Yacht Club is an NFT collectible created by Yuga Labs that was released on 4-22-2021. The project consists of 10,000 unique digital items living on the Ethereum blockchain. We categorize it as a pfp/avatar project and it's part of the Yuga Labs general collection.

What is Bored Ape Yacht Club?

Bored Ape Yacht Club is, along with CryptoPunks, one of the most popular digital collectibles in NFT format on Ethereum. If CryptoPunks can be considered the genesis of the PFP (profile picture) concept applied to collectible digital assets that take the form of non-fungible tokens, Bored Ape Yacht Club represents the refinement of this concept through a series of innovations.

First of all, the Bored Ape Yacht Club nfts are not only presented as a digital collectible that follows the canon established by CryptoPunks -with a supply capped at 10,000 units and an attribute system linked to rarity. Rather, each Bored Ape Yacht Club NFT represents a membership token to an exclusive digital hangout called the swamp club.

The second novelty is that Bored Apes Yacht Club implements a much more generous licensing system for its IP (intellectual property), which allows owners of NFTs to exploit them commercially -for example, licensing all kinds of derivatives, editorial, and audiovisual products, or merchandising. The CryptoPunks, on the other hand, were launched under a much more restrictive IP regime, which allowed a level of exploitation by NFT holders to be capped and restricted to certain uses -although that is something that has recently changed, as a result of the acquisition of CryptoPunks and Meebits IP from Larva Labs by Yuga Labs, creators of Bored Ape Yacht Club.

In this article, we'll take a look at what Bored Ape Yacht Club are, review their origins as a collection of NFTs, explore their distinguishing features, and show you what metrics are important to consider before proceeding to purchase your first ape monkey.

Bored Ape Value

Bored Ape Yacht Club is a collection of NFTs on Ethereum, made up of 10,000 unique avatars with varying levels of rarity determined by a combination of randomly generated attributes. As we have already explained, one of the characteristics that differentiate this Yuga Labs project from previous ones such as CryptoPunks is that the NFTs work as membership tokens of an exclusive club. Being an NFT ape holder opens the door for you to participate in events, access airdrops such as the $APE token one (the Bored Ape Yacht Club coin), and many other advantages that are outlined in the Bored Ape Yacht Club roadmap.

As with CryptoPunks, the list of possible Bored Ape Yacht Clubs attributes is quite extensive and includes elements such as skin, mouth, eyes, background, clothing, and accessories such as hats. The mix of these elements varies greatly between apes and is one of the main factors determining the wide range of bored ape values. Those Bored Ape that present scarcer attributes -that is, they are present in a smaller number of NFTs- will be more expensive than those that are characterized by combining more common attributes.

As we can see, the value of bored apes is highly dependent on many factors.

NFT monkey items as the cornerstone of a global franchise

Each ape is a non-fungible token that, unlike CryptoPunks, adopts the ERC-721 token standard -which makes it easy to integrate into all kinds of marketplaces without the need for wrappers. But what both collections do share is the fact that they belong to the PFP (profile picture) category which, as the name suggests, are perfect for being used as a profile picture on social networks.

But the similarities end there. While the creators of the CryptoPunks present them as an artistic project, NFT Bored Ape Yacht Club has taken a more commercial approach from the beginning. The idea is to develop a powerful brand that in the future could compete with large global franchises such as Marvel or Disney. A key factor in the promotion and viralization of the project has been the adoption of an IP (intellectual property) model that guarantees a commercial license to each holder of a monkey NFT. Having a license that allows the commercial exploitation of the NFT is an intelligent economic incentive of the first magnitude that manages to transform the commercialization and marketing of the project into a collective effort.

Another key factor that explains the success of the collection is that Bored Apes Yacht Club NFT is conceived as a kind of digital club. The community that has gathered around the project has organized events in various cities in the US, and also in other regions of the world, such as the United Kingdom and Hong Kong. One example would be parties to be held on a yacht and in a former Brooklyn Steel warehouse that would include a performance by The Strokes, Beck and Lil Baby during New York NFT week in November 2021. Bored Ape Yacht Club merch has also played an important role in the consolidation of the brand.

Also, the fact that Bored Ape Yacht Club NFTs function as exclusive club membership tokens may be one of the secrets behind the incredible bull run (~1,898x in ETH and ~2,100x in USD) they experienced after their launch in April 2019. 2021 to today's date (March 2022). The price floor of a collection is the minimum sale price that a token holder is willing to accept to get rid of it. And the fact that the monkey NFTs have become a status symbol that grants access to exclusive events (where you can meet famous holders like Gwyneth Paltrow, Eminem, Shaquille O'Neal, Post Malone, Snoop Dogg, Mark Cuban , and Steph Curry) is an intelligent mechanism that discourages its sale.

As with the CryptoPunks, we can say that board apes have reached the Olympus of NFTs and have gone from being simple digital collectibles to becoming true status symbols. And it is that in a world in which everything tends to be digitized, the ostentation mechanisms end up suffering the same fate. The role previously played by refined Audemars Piguet jewelry and watches is now played by coveted and rare collections of NFTs that can be used as profile pictures on various social networks -especially now that platforms like Twitter implement verification mechanisms that certify that one really is the owner of the NFTs monkey in question.

Bored Ape Yacht Club Creator

The Bored Ape Yacht Club creator wasn’t a single person, but a group of 4 people operating under the brand Yuga Labs. Upon launching the collection on the market in the spring of 2021, Yuga Labs co-founders decided to adopt pseudonyms to protect their identity: Gargamel and Gordon Doner, who would adopt the role of founders, and Emperor Tomato and No Sass, who would take care of all development issues.

It is important to point out that although Yuga Labs was the creator of the collection and therefore the original repository of the intellectual property -which is assigned to each of the owners of an Ape-, the Bored Ape Yacht Club artist that designed the apes and their different attributes was a freelance called Seneca.

The pseudonym of the founders of Yuga Labs, together with the fact of opting for a generous intellectual property license system with the owners of the NFTs that make up the collection, would be one of the main hallmarks of the project. The 4 original members of the team would manage to maintain their anonymity until February 2022, when their identities would end up being revealed -without their prior consent- by the digital media BuzzFeed.

Bored Ape Yacht Club founders

Gargamel and Gordon Goner, the two co-founders, would turn out to be Greg Solano and Wylie Aaronow, two thirty something lovers of literature and philosophy -especially the works of David Foster Wallace and the Austrian philosopher Ludwig Wittgenstein.

Both would be surprised by the sudden success of their ape-themed NFT collection. At the time of its launch, Bored Ape Yacht Club would raise about 2 million dollars, but from there the thing would only grow and grow. During an auction held at Sothebys, more than 100 apes would be sold and around 24 million dollars would be raised - that is, almost a quarter of a million dollars per NFT on average. Numerous celebrities would begin to acquire Bored Ape Yacht Club NFTs, including: soccer star Neymar, singers Justin Bieber, Snoop Dog and Eminem, actress Gwyneth Paltrow, athletes Stephen Curry and Shaquille O'Neal, and the investor Mark Cuban. Another event that would boost the popularity of this digital collectible would be an interview with Paris Hilton on Jimmy Fallon's famous late show, during which both would confess to being members of the select NFT collectors' club.

Bored Ape Yacht Club most expensive item

Along with the CryptoPunks, the Bored Ape Yacht Club would be protagonists of the NFT fever that would be experienced throughout 2021.

Several CryptoPunks with rare attributes would reach multi-million dollar prices, marking a record 8,000 ETH (23M USD) paid for an Alien in February 2022. The Bored Ape Yacht Club would not be far behind: in an auction held at Sotheby's Marketplace , a coveted gold fur belonging to @jimmyeth, CEO of NFT42, would sell for $3.4M USD, breaking all previous monkey nft price records.

It’s worth taking into account these single item record-breaking sales would be highly influenced by bored ape price overtime performance.

Bored Ape Yacht Club price. Why is the collection valuable?

As we have already explained, Bored Ape Yacht Club NFT are PFPs or avatars represented as non-fungible tokens on the Ethereum blockchain, that act as a very special type of status symbol.

But, Yuga Labs would take a very different approach to Bored Apes NFT than Larva Labs did with the CryptoPunks. The latter would be treated as a kind of hybrid between a digital collectible and a pure work of art, detached from any utility beyond being a status symbol -although they can also be considered instruments to build a digital identity, a pseudonymous alter ego in the metaverse. But in any case, their value is individual, the CryptoPunks can be appreciated without the need to take into account the larger group of which they are a part.

Yuga Labs, on the other hand, would adopt an approach for the Bored Ape Yacht Club that would transgress the limits of pop art, to the point of turning the collection into something more than an artistic expression in the form of a digital collectible: the NFTs would act as membership tokens of a new movement, a brotherhood, a religion. The feeling of belonging is a very powerful human emotion, and the Bored Ape Yacht Club seems to have discovered the ultimate membership formula for a 21st century in which social networks and the metaverse will play a major role in our lives.

Bored Ape Yacht Club metaverse land sale

BAYC offers its members a certain mystique, the romantic idea of belonging to a select group of chosen ones embarked on a mission to transform the world - just like the secret societies did in the late 18th and 19th centuries. Bored Ape Yacht Club is not only public though, but also viral - thanks to its enormous potential for generating memes. That means that ape holders are not only members of a select club of owners, but also its main promoters through social networks.

But probably, the most important component of the collection’s masterplan to become a cultural franchise behemoth is Otherside - Bored Ape Yacht Club metaverse project. Instead of a traditional land sale, Yuga Labs reserved 30,000 Otherdeed for Otherside parcels for BAYC and MAYC holders, who could claim them for free. The remaining metaverse parcels (55,000) were only accessible for purchase after wallet pre-approval (KYC) for a price of 305 ApeCoin each.

Bored monkey NFT rarity

There is no official taxonomy to classify NFTs, but in our portal you will see that we organize them based on five categories: PFP/avatars, art, gaming, derivatives and metaverse. As is obvious, the Bored Ape Yacht Club are NFTs of the avatar type or PFP (profile picture or profile image) that are used as status symbols or as a form of digital identity in social media and, in the future, in the metaverse.

As with all other PFP-type collections, each Boarded Ape is unique, but not all are equally valuable. Some apes have extremely rare typologies or attributes, while others are very common, which is often reflected in their price.

Unlike the CryptoPunks, the Bored Ape Yacht Club are not divided according to general typologies (sex or race). Instead, they are differentiated by a combination of 7 attributes, each of which presents a range of options:

Background color (8 variations). Clothes (43 options). Slope (6 options). Eyes (23 options). Skin (19 variations). Hat (36 options). Mouth (33 variations).

Among all these attributes, the type of skin has emerged among collectors as the most decisive trait for Bored Ape Yacht Club rarity. Specifically, the items featuring golden (solid gold) and psychedelic (trippy) skin are the ones that have reached the highest valuations (in some cases, several millions of dollars).

Bored Ape NFT price history

At the time of its launch in April 2021, Bored Ape Yacht Club mint price would be 0.08 ETH (which was equivalent to less than 200 USD at the time). In less than 12 hours, the collection would be completely sold.

Not long after the public sale, the collection started what ended up being one of the most epic bull runs in NFT history. The Bored Ape Yacht Club NFT price floor peaked at the beginning of May 2022 at almost 145 ETH.

The subsequent bear market that affected crypto, stocks and NFTs alike, also impacted Bored Ape Yacht Club price over time. The price of the most popular PFP collection tanked for some months, and eventually found at 48 ETH (floor price) in November of the same year.

After bouncing from November lows, Bored Ape Yacht Club led a general recovery of the NFT market, followed by a sideways trend that at the time of this writing still persists (a trend that has had the collection ranging between 60 ETH and 70 ETH for a while). That translates to a Bored Ape Yacht Club market cap of 600,000 - 700,000 ETH.

In a nutshell, we can say that Bored Ape Yacht Club price history has been bumpy, but with a very positive and constant upwards trend if we look at the whole picture.

BAYC floor price stats

Remember that on our website we track the Bored Ape Yacht Club NFT floor price (the lowest ask price of the collection) by aggregating price data feeds from all the main marketplaces. And it’s worth noting that not all nft monkey price trackers aggregate data from all these venues, making our platform the best option in town. Also, in the Bored Ape Yacht Club floor price field you will always have a link that will redirect you to the market with the best quote - so that you can acquire the cheapest Bored Ape seamlessly and easily at any moment.

You can also track daily bored ape nft sales, the bayc market cap and bayc price history. We offer the best bayc chart so you cant track ape nft price performance over time.

Currently, the process to find the Bored Ape floor price and buy the item involves connecting with a wallet compatible with the Ethereum Blockchain (for example MetaMask) to one of the main NFT marketplaces (such as OpenSea, LooksRare, NFTX, Coinbase NFT, etc).

Bored Ape Yacht Club price chart

Bored Ape Yacht Club traits ranking by floor price

Bored Ape Yacht Club perks

Here you have a list of the latest utilities and benefits of Bored Ape Yacht Club, released by the original brand or a third party. These are benefits of owning a Bored Ape Yacht Club NFT and are accessible to all the token holders.

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What Is Bored Ape Yacht Club?

• Understanding BAYC
• BAYC's High Value
• More Than an NFT

The Bottom Line

• Cryptocurrency
• Strategy & Education

Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a financial therapist and transformational coach, with a special interest in helping women learn how to invest.

Bored Ape Yacht Club, popularly called BAYC, launched in 2021, is a collection of 10,000 non-fungible tokens (NFTs) on the Ethereum blockchain . These NFTs are graphical representations of cartoon-like apes with specific traits. The characters have combinations of backgrounds, earrings, clothes, fur, eyes, expressions, and more that make them all unique.

Key Takeaways

• Bored Ape Yacht Club is a non-fungible token (NFT) collection of 10,000 cartoon-like apes.
• At launch, each Bored Ape Yacht Club token cost 0.08 Ether (ETH), or $220; by mid-October 2022, they cost 76 ETH, or approximately $100,418.
• BAYC was developed in April 2021 by Yuga Labs, whose founders use the pseudonyms Gordon Goner and Gargamel.
• Rarity and celebrity endorsement drove the high price of the BAYC collection. 
• Some consider BAYC a status symbol, and celebrities like NBA star Stephen Curry, singers Eminem and Snoop Dogg, and late-night show host Jimmy Fallon own one.

History of Bored Ape Yacht Club (BAYC)

The Bored Ape Yacht Club NFT was launched in 2021 at the pinnacle of the cryptocurrency bull market. Yuga Labs developed the Bored Ape Yacht Club. The Yuga Labs team comprised four core members who appeared under these pseudonyms in the early days of the launch: Gordon Goner and Gargamel (co-founders), No Sass, and Emperor Tomato Ketchup, who handled the technical aspects of BAYC.

BuzzFeed, a news publication, broke a story in February 2022 revealing two of the co-founders’ identities. This led the other two core members to also give up their incognito status and post pictures of themselves on X (formerly Twitter).

On March 11, 2022, Yuga Labs acquired the intellectual property for rival NFT collections CryptoPunks and Meebits, giving it ownership of the brand and logo of each of those NFT collections. CryptoPunks is one of the earliest NFT projects and was among the most valued NFT collections on the NFT marketplace OpenSea. It had a total trading volume of 1 million ETH before it was delisted in February 2022 for a copyright violation.

In a historic moment in September 2021, Sotheby’s , one of the world’s largest auction houses, closed its online auction for 101 Bored Ape Yacht Club NFTs at a price of $24.4 million.

Early Fundraising and Interest

In a fundraising round led by venture capital firm Andreessen Horowitz, the Yuga Labs team raised $450 million. In March 2022, it was reported to be valued at $4 billion. Yuga Labs planned to use the capital to expand its activities and accelerate brand growth.

When launched, a BAYC NFT cost 0.08 Ether (ETH), the native cryptocurrency of the Ethereum platform. That was equivalent to $220 at the time. It sold out within 12 hours. By mid-October 2022, it had climbed to a “floor price” of 76 ETH, or approximately $100,418. An NFT's floor price is the minimum price allowed for an NFT within a collection.

BAYC garnered interest from a few celebrities, who purchased the NFTs at inflated prices. Some high-profile stars who flaunt their BAYC include “Tonight Show” host Jimmy Fallon, who bought Bored Ape #599; NBA champions Steph Curry and Shaquille O’Neal; singers Snoop Dogg, Eminem, and Justin Bieber; and world-class soccer player Neymar Jr.

Contrary to popular belief, the images are not the non-fungible tokens. The tokens are a hashed version of the image's metadata, and the images are stored (hosted) elsewhere. The tokens are transferred when rights to the images are sold.

What Makes BAYC Valuable?

Whether the Bored Ape collection is truly worth millions of dollars has been hotly debated. Some believe the high valuations are simply based on speculation. But, in fact, rarity, demand, celebrity endorsements, perks, and project development have driven the collection’s value.

The array of BAYC’s unique traits and accessories are used to measure its value. The term “rarity” gauges how unusual an NFT is within a collection with an assigned number. In the BAYC collection, there are more than 160 traits, and each ape may have four to seven trait categories. These traits are background, clothes, earrings, eyes, fur, hat, and mouth.

The most expensive Bored Ape in the collection, BAYC #8817, was auctioned in October 2021 for $3.4 million on Sotheby’s Metaverse marketplace, an online platform dedicated to rare and extraordinary NFTs. BAYC #8817 had the Solid Gold Fur trait—making it a relatively rare variety of the NFT. Other characteristics of the #8817 token are the Silver Hoop Earrings and the Wool Turtleneck.

Celebrity Endorsement

BAYC has enticed several celebrities and brands to own pieces of its NFT collection. Adidas contributed to the hype surrounding the NFT collection by launching “Into the Metaverse,” its native digital collectible, in partnership with Bored Ape Yacht Club, Gmoney, and PUNKS Comic.

Following the partnership launch, BAYC uploaded an image of a Bored Ape wearing an Adidas jacket on X. Gmoney tweeted a silhouette picture that displayed the Adidas logo. PUNKS Comic tweeted a picture of a character wearing a shirt bearing the Adidas logo.

Other celebrities, beyond those already mentioned, who bought BAYC include billionaire Mark Cuban, prominent X personality and DJ Steve Aoki, X personalities and musicians Post Malone and Mike Shinoda, and producer and songwriter Timbaland.

Perks and Development 

One of the distinctive features of the Bored Ape NFT, compared with other NFT collections, is the perks. Owners of Bored Apes have exclusive access to a private Discord group where they chat, network, and build relationships with other Bored Ape members, including celebrities who own a Bored Ape. Ape holders also have access to “The Bathroom,” letting them draw whatever comes to mind on a virtual bathroom wall every 15 minutes.

ApeCoin is the official currency for the Bored Ape ecosystem and is used to purchase BAYC merchandise, event tickets, and more. ApeCoin DAO is a decentralized autonomous organization whose members—every ApeCoin holder—govern the DAO’s treasury and decide on future projects by voting on proposals.

Also, owning a Bored Ape is considered a status symbol among many individuals, contributing to its popularity among a certain crowd.

The Future of Bored Ape Yacht Club

Bored Ape Yacht Club has a community of active members, and the NFTs are actively traded on marketplaces. The ApeDAO consistently votes on funding for different project proposals and is searching for ways to further involve itself in Web3 development.

As of July 2024, the BAYC appears to be positioning itself for the future, but what that future entails is anyone's guess. While funded and apparently popular among a specific crowd, the project has somewhat faltered in finding its place in the market after its initial successes.

How Much Are Bored Ape Yacht Club NFTs Worth?

The price floor for BYAC on July 25, 2024, was 9.30 ETH, which was about $30,000.

What Does a Bored Ape Give You Access To?

A Bored Ape NFT gives you access to the project's Discord channel and ApeCoin, which can be used in governance activities within the ApeDAO.

What Happened to Bored Ape Yacht Club?

The NFT collection still exists, and there is trading activity, but the NFTs in the collection have dropped in value compared to their highs in 2021. In July 2024, many were priced between $28,000 and $36,000, with a few in the $40,000 range.

BAYC has evolved into more than a profile-picture (PFP) NFT. It has set a new standard and pace for other NFT collections with the various additions and the project's evolution. Yuga Labs has introduced products built on the blockchain as well as physical products from the Bored Ape collection.

The comments, opinions, and analyses expressed on Investopedia are for informational purposes online. Read our  warranty and liability disclaimer  for more info.

OpenSea. “ Bored Ape Yacht Club .”

Yuga Labs. “ Let’s Make a NFT .”

Decrypt. “ The Biggest Celebrity NFT Owners in the Bored Ape Yacht Club .”

X. “ @BoredApeYC: Apr. 23, 2021 .”

BuzzFeed News. “ We Found the Real Names of Bored Ape Yacht Club’s Pseudonymous Founders .”

X. “ @TomatoBAYC: Feb. 8, 2022 .”

X. “ @SassBAYC: Feb. 8, 2022 .”

X. “ @yugalabs: Mar. 11, 2022 .”

OpenSea. “ CryptoPunks .”

Sotheby’s. “ Samsung’s State-of-the-Art 98 Inch Neo QLED TV on View at Sotheby’s .”

X. “ @Sothebysverse: Oct. 26, 2021 .”

X. “ @BoredApeYC: Nov. 28, 2021 .”

X. “ @gmoneyNFT: Nov. 28, 2021 .”

ApeCoin. “ ApeCoin Is for the Web3 Economy .”

Animoca Brands. " Animoca Brands Update on Financial Position as of 31 March 2024 ."

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Bored ape yacht club leads nft sales with us$1.55 million.

The Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection led daily sales for the second consecutive day on Thursday, according to CryptoSlam data.

BAYC recorded US$1.55 million in daily revenue across 40 transactions involving 29 unique buyers and 43 sellers.

BAYC’s ranks second in all-time NFT sales, now at US$3.18 billion, behind Axie Infinity’s $4.27 billion.

For Thursday’s second-ranking collection Pudgy Penguins, which resides on the Ethereum blockchain like BAYC, had a sales volume of US$950,857.

DMarket on Mythos Chain came in third with US$710,878, dropping from the top spot it claimed earlier this week.

Immutable’s Guild of Guardians Heroes and Solana’s DeGods came in fourth and fifth respectively, both staying put for the second straight day.

Guild of Guardians Heroes recorded sales of US$576,868.4, while DeGods followed closely with US$465,782.34 in sales.

The Ethereum blockchain where Thursday’s top collections operate led all blockchains in sales with US$6.21 million rising from the US$4.33 million recorded the previous day.

The Top 5 NFT Marketplaces of 2024

Although NFTs are a long way from their 2021 all-time highs, NFT trading is still a multi-billion dollar industry – but the NFT marketplaces we use in 2024 are very different to back then.

From fresh-faced newcomers with novel ideas, crypto exchanges spotting an opportunity, and industry titans dropping the ball, the NFT marketplaces we use have changed significantly in that time – and whether its PFPs , digital art , game assets or more, these marketplaces still fight tooth-and-nail for your custom to this day.

Let’s take a closer look at the top 5 NFT marketplaces of 2024.

• Launched: July 1, 2021
• Blockchains: Ethereum, Polygon, Avalanche & many more
• 30d volume: $33.3M USD

Element is a relative newcomer in the NFT marketplace domain, but has quickly gained traction due to its multichain support and accessibility.

Founded by Feng Wang and Hongliang Zhang and released in 2021, it supports a huge range of chains: Ethereum , BNB Smart Chain, Polygon, Avalanche, Optimism, Arbitrum, ZKSync Era, Base, Linea, Blast, Cyber and opBNB – making it go-to trading platform for a wide range of digital assets.

Another feature that’s driven its popularity is its multi-market listings, hosting native listings, as well as those on OpenSea, LooksRare, X2Y2, and other popular NFT marketplaces.

Element supports most major wallets, including MetaMask , OKX Wallet, Binance Wallet and more. The platform also provides real-time data tracking, with detailed insights on floor prices, trading volumes, and activity trends.

Whilst it has yet to reach the popularity of the top NFT marketplaces, Element’s low fee structure and wide blockchain support has seen its popularity continue to grow – and we anticipate it will continue to do so across 2024.

• Launched: April 24, 2023
• Blockchains: Bitcoin, Ethereum, Solana & many more
• 30d volume: $19.0M USD

OKX NFT is an extension of the OKX cryptocurrency exchange, leveraging its existing user base to create a powerful NFT trading platform.

The NFT trading platform initially launched to support the trade of the emerging Bitcoin inscriptions , and has since built on that by incorporating support for Ethereum, Solana, Optimism and more.

It’s high-profile partnerships with the likes of McLaren and Manchester City F.C. have exposed the OKX brand to millions of people around the world, and facilitated exclusive NFT releases with both of these well-known brands.

OKX NFT currently supports popular wallets such as MetaMask and Phantom , as well as its native OKX Wallet. The platform includes powerful search and filtering tools, as well as ample real-time NFT analytics.

With its high-profile partnerships flourishing, OKX is on-course to continue its growth across 2024.

#3 Magic Eden

• Launched: September 17, 2021
• Blockchains: Solana, Ethereum, Bitcoin, Polygon, Base
• 30d volume: $74.3M USD

Magic Eden rules the roost for Solana NFT trading – but has also expanded support to Ethereum, Bitcoin, Polygon and Base.

Developed by a cohort of Australian blockchain enthusiasts, Magic Eden quickly became the go-to platform for trading Solana-based NFTs upon its inception – a position it has maintained to this day.

The platform is known for playing a hand in the growth of Solana as a whole, and being the marketplace of choice for the trading of (at the time) DeGods , y00ts and CryptoUndeads.

Magic Eden supports more than 400 third-party wallets, including MetaMask, Coinbase, Trust and more. The platform provides comprehensive real-time data, with detailed analytics and tracking of key NFT collection metrics.

Over the years, Magic Eden has consistently ranked as one of the most popular marketplaces amongst the community, particularly for its defence of creator royalties – and despite a 2023 bug that allowed fake listings to be assigned to established collections, Magic Eden remains a key marketplace as of 2024, with its increasing array of features continuing to build its community.

• Launched: December 20, 2017
• Blockchains: Ethereum, Polygon, Base & many more
• 30d volume: $104.6M USD

The original NFT marketplace, OpenSea was founded in 2017 by Devin Finzer and Alex Atallah.

OpenSea is best-known as the leading marketplace during the 2021 NFT boom, facilitating the trading of top Ethereum collections such as Bored Ape Yacht Club, Doodles, Moonbirds and more. Today, it supports a wide variety of additional blockchains, including BNB Smart Chain, Avalanche , Klaytn and more.

The platform offers a polished, user-friendly experience, and supports a wide variety of wallets, including MetaMask, Coinbase Wallet , WalletConnect and more. Its robust and growing set of features, tooling and analytics continue to add value to the platform, and its plethora of users.

OpenSea has faced a variety of challenges, including its stance on supporting creator royalties , fee structures, and its purchase of the Gem marketplace to rebrand it to OpenSea Pro – but despite a decline in overall popularity as other NFT marketplaces has risen, it is still a cornerstone of the industry.

Will it retain its position as a mainstay of the industry in 2024? Time will tell.

• Launched: February 14, 2023
• Blockchains: Ethereum, Blast
• 30d volume: $96.0M USD

Since its launch, Blur has shook up the NFT industry – and quickly rose to become its most popular marketplace.

Developed by Tieshun Roquerre ( Pacman ) and Anthony Liu (Galaga), Blur is specifically designed for professional traders, offering advanced tools and features for trading first Ethereum NFTs, and then NFTs from its own blockchain, Blast.

Blur utilises its own governance token $BLUR, rewarded to users for listing and trading on the platform – no doubt a significant driver to its growth thus far – alongside its controversial zero-fee structure.

The platform is data-driven, optimising for speed and prioritizing efficiency over aesthetics. Blur supports many different wallets, including MetaMask, WalletConnect, Coinbase Wallet and more, and users can explore NFTs from leading collections, easily track trending collections, and are given ample real-time data analytics, with granular insights for experienced traders.

Despite its success, Blur has not been without controversy. It has faced scrutiny over its aggressive marketing, its “trade-to-earn” practices, and its aforementioned zero-fee structure, with some in the community blaming Blur for the wider decline in the floor prices of NFTs.

Nevertheless, the NFT community at large has voted with their wallets. Blur has solidified its position as one of the top NFT marketplaces in 2024, and as it continues to add features and offer incentives for its users, it is in a strong position to continue to be a market leader as we head into 2025.

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498 Bayview Drive Ne,  Saint Petersburg, FL 33704

Single Family

Larry Fischer

Lpt Realty, LLC.

Last updated:

August 23, 2024, 06:18 PM

About This Home

This charming single-story home is located in the highly coveted Snell Isle, a place where elegance and tranquility converge. Offering a fantastic opportunity for anyone looking to live in one of the most desirable neighborhoods in the Tampa Bay area, this residence is a blank canvas for your imagination. Whether you’re a young professional eager to move in or someone seeking to update the home to your personal style, this property presents limitless potential. The home boasts four spacious bedrooms and two well-appointed bathrooms. The open floor plan creates a seamless flow between the living room, dining room, and kitchen, making it ideal for both everyday living and entertaining. A bonus room without a closet provides additional flexibility—perfect as a home office, playroom, or guest space. The home is also equipped with modern conveniences such as central air conditioning, energy-efficient appliances, and connected utilities like cable and water. Situated on a corner lot in a peaceful, beautifully landscaped area, the property offers 0.22 acres of outdoor space. The lot's prime location near a golf course and marina provides plenty of leisure opportunities just minutes from your doorstep. While there’s no pool on the property, there’s ample space for one if you wish to create your own private oasis. The outside area features a charming patio and built in grill, perfect for morning coffee or evening relaxation. The two-car garage provides additional storage and convenience with a side-facing entry, adding to the home’s overall curb appeal. In addition to its many features, the home’s location places it just minutes from Downtown St. Petersburg and the iconic Vinoy hotel, offering easy access to some of the finest dining, entertainment, and waterfront activities the area has to offer. You’ll also be surrounded by prestigious schools and the renowned yacht club, solidifying this location as a prime spot for growing families and professionals alike. Here’s your chance to make this home your own in one of Tampa Bay’s most desirable locales. Whether you're ready to move right in or eager to infuse your personal touch, this Snell Isle gem is waiting for you.

Built in 1964

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