Ever since non-fungible tokens (NFTs) entered the mainstream in 2021, some popular collections, like the Bored Ape Yacht Club (BAYC), have risen to blue-chip status.
Some of these renowned Bored Ape NFTs have been sold for enormous sums of money on NFT marketplaces such as OpenSea. The rarest apes have managed to rake in $1 million or more in profits, which seems excessive even for a collection that offers exclusive club access [1].
Uniqueness
BAYC is one of the most famous NFT collections dominating the crypto sphere, driven by mounting demand from brands, celebrities, investors, and collectors. The assortment consists of 10,000 NFTs featuring cool but bored-looking apes with varying characteristics and rarity that determine their value.
BayC is a collection of NFTs that have emerged as an influential brand owned by celebrity figures and high-wealth individuals. These fascinating ape avatars have varying traits and outfits, such as laser eyes, biker jackets, and gold fur. Some of the apes with the rarest characteristics have fetched exorbitant prices in the market, with total sales now eclipsing 1080 ETH.
The collection features 10,000 NFTs of bored-looking ape avatars that offer an exciting development in the fast-growing NFT world. The artwork is backed by Yuga Labs, a leading Web3 startup. [2]
Used with influencer
Influential figures in the worlds of sport, entertainment, fashion, etc., all own some of the most sacred Bored Ape NFTs. The list of all-star BAYC NFT owners includes Justin Bieber, Kevin Hart, Post Malone, Snoop Dogg, and Paris Hilton, to name a few.
Some celebs, such as Jimmy Falon, have paid over $200,000 to grab a piece of digital art that transcends internet curiosity to establish itself as a status symbol. The collection's heavy celebrity backing is part of the reason why these NFTs are so desirable and expensive.
All BAYC NFTs debuted on the market at 0.8 ETH last year, but quickly shot up as crypto enthusiasts rushed to grab a slice of the artwork masterpiece. According to leading NFT marketplace OpenSea, the collection currently has a price floor of 152 ETH, with over 520 ETH in total volume traded to date. [3]
Exclusive content
BAYC offers special perks that can only be unlocked by owners of Bored Ape NFTs. These benefits include access to exclusive members-only events such as parties on yachts, where participants can socialize and have fun. Bored Ape NFTs also grant holders access to exclusive content benefits such as "Caged Apes" and the ability to mint a canine companion NFT for their digital ape at no extra cost.
In March 2022, the platform launched ApeCoin ($APE) to serve as the governance and utility token. The digital coin has since climbed up the crypto-ranking charts, riding on the popularity of Bored Ape NFTs and its many utilities in The Otherside—BAYC's upcoming Metaverse.
ApeCoin has also seen massive success due to its promise to grant users access to the prestigious Yacht Club. Newcomers to the project must purchase $APE from reputable exchanges like Coinbase and Binance. However, all BAYC and MAYC NFT holders can claim free tokens amounting to 15% of the total supply by June 15, 2022. [4]
How do i buy the monkey NFT?
What is the most expensive monkey NFT?
1. Bored Ape #2087 (154.142.70 USD)
2. Bored Ape #3749 $154,443.40 Usd
3. Bored Ape #8585 $1.2 million usd
4. Bored Ape #7090 ($154.443.40 Usd)
5. Bored Ape #8135 ($125.783.80 Usd)
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