Unusual projects and developments in digital art are constantly appearing on the market of non-fungible tokens. They are expensive, but that doesn’t make them any less popular. And among them we can distinguish Bored Ape Yacht Club (BAYC). This is a bright representative of the industry, and its authors managed to make good money on the hype around virtual art. But still, before purchasing this project, you should familiarize yourself with the main characteristics and features.
What is Bored Ape Yacht Club
Bored Ape Yacht Club is a popular NFT collection. It includes more than 10 thousand digital art, and they are called ape avatars (ape avatars). All tokens are built in accordance with the ERC-721 standard of the Ethereum network. And they are sold for ETH.
If you translate the name of the club literally, then it turns out like this: “a bored monkey yacht club”. And within the framework of the collection, the authors were able to create art with primates in different styles. The collection was created by Yuga Labs, headquartered in the US state of Virginia.
The Bored Ape Yacht Club collection was presented at the end of April 2021. And as of the time of writing, all collections have been sold out. But in the secondary market, offers for resale often come across.
History of token sales
The highest peak in sales was observed in early September 2021, during this period, the artists managed to receive about $ 24.4 million for a collection of 107 monkey avatars. And they were sold at Sotheby’s.
And among the most expensive was the Bored Ape token at number 3749.It was sold on September 6, 2021 for 740 ETH – at the time of the purchase, the total amount was $2.92 million.
The top most expensive art from the BAYC collection includes:
- #8585. It was sold at the end of October 2021 for 696,969 ETH (about $2.7 million at the time of purchase).
- #2087. It was bought on September 30, 2021 for 769 ETH (about $2.27 million at the time of purchase).
- #5199. The token was sold on October 14, 2021 for 425 ETH (about $1.59 million at the time of purchase).
Members of the crypto community attribute the popularity of Bored Ape Yacht Club to a wide variety of art styles.
Interesting! All purchasers of NFT Monkeys receive lifetime access to a secret club that exclusively includes BAYC token holders.
The opportunity to join the “bored monkey” club, among other things, attracts many celebrities. For example, the popular basketball player Stephen Curry has a token from the BAYC collection. He paid $180,000 for the NFT.
Emphasis on diversity
Interest in BAYC has become an occasion for developers to think about the release of new collections. One of them was dedicated to mutants.
Mutant Ape Yacht Club Series
BAYC Mutant Ape Yacht Club Series
The series quickly became popular. Today, her characters have moved out of the digital world into the real world. They, for example, can be found on street graffiti.
Mutant Ape Yacht Club graffiti
Mutant Ape Yacht Club graffiti
To stir up interest in the Bored Ape Yacht Club, the developers periodically come up with contests. Many of them allow you to win valuable prizes.